Category: Blockchain

Exploring Blockchain Data Models: UTxO, Account-Based, and Sui’s Object-Oriented Approach

Luisa Crawford Sep 24, 2024 06:37 A deep dive into blockchain data models: UTxO, account-based, and Sui’s object-oriented approach, highlighting their impact on scalability, security, and user experience. More than cryptography and consensus algorithms, blockchain technology relies on a data model that dictates how information is structured, validated, and stored. The data model defines the way accounts are managed, how state transitions occur, and ultimately how users and developers interact with the system, according to The Sui Blog. Throughout the brief history…

Blockchain Data-Availability Project Celestia’s Foundation Raises $100M

“When Celestia launched last year as the first modular data availability layer, it scaled blockspace from the dial-up era to the broadband era,” said Mustafa Al-Bassam, co-founder of Celestia, in a blog post shared with CoinDesk. “Now, the core developers have introduced the technical roadmap to scale blockspace to the fiber optic era – while keeping it verifiable and low latency.” Source link

Hacked X Accounts Power Massive Crypto Scam, Blockchain Sleuth Warns

Recent developments in the crypto space have underlined the continuous danger of frauds, especially via social media channels. High-profile X (previously Twitter) hacking events have exposed significant number of victimized accounts, promoting fake memecoins. These events highlight security flaws as well as the extent scammers will go to exploit unsuspecting users. High-Profile Hacks And Their Effects Multiple well-known X accounts—including that of Lenovo India and Yahoo News UK—were hacked to support a fictitious memecoin known as HACKED. According to blockchain researcher ZachXBT, investors were persuaded into buying the fake coin…

Binance Blockchain Week Dubai 2024 Early Bird Tickets Now Priced at $150

Joerg Hiller Sep 19, 2024 06:18 Early bird tickets for Binance Blockchain Week Dubai 2024 are now available for $150, offering a 75% discount on the full price. Early bird tickets for the highly anticipated Binance Blockchain Week Dubai 2024 have now been priced at $150, excluding a 5% VAT, according to an announcement by Binance. This new pricing represents a significant 75% discount compared to the full-price ticket of $600. How to Get Early-Bird Tickets at Discounted Prices The early bird…

How Companies Can Prepare the Workforce for the Blockchain-Driven Future

In the late 1990s and early 2000s, companies began moving away from outdated operational technology and embracing the benefits of the World Wide Web and email en masse. Transitioning from fax to email and filing cabinets to cloud storage, those who lived through this technological revolution can remember the arduous onboarding and clunky changeover. Over recent years, employees across all industries have been keeping up with the rapid changes taking place, such as incorporating instant messaging, generative AI, time tracking, multi-factor authentication — the list is endless. But we are…

Ethereum Devs Poised to Split Blockchain’s Next Big Upgrade, ‘Pectra,’ in Two

“PeerDAS is crucial to make sure L2s have more room for future throughput growth, so the sooner we ship it, the more certain we can be that we can support whatever throughput L2s might need over the next year,” Dietrichs told CoinDesk. “For now, we still have some room to go even before PeerDAS. So hopefully it won’t matter at all. Worst case, L2s will have slightly higher fees again for a few months while we wait for the second half of the Pectra fork.” Source link

Etherfuse Launches Mexican Stablebond on Solana (SOL) Blockchain

Caroline Bishop Sep 16, 2024 04:58 Etherfuse introduces a Mexican Stablebond on the Solana (SOL) blockchain, aiming to revolutionize financial inclusion and democratize financial systems. Etherfuse, a financial technology company founded in May 2021, has announced the launch of its new financial product, the Stablebond, on the Solana (SOL) blockchain. According to Solana, this initiative aims to enhance financial inclusivity by leveraging blockchain technology to create a more efficient and democratized financial system. Innovative Financial Solution The Stablebond is a cetes-backed token,…

Solana Shatters Blockchain Record With Most Active Users

Solana (SOL) has recently achieved a significant milestone by recording the highest number of daily active addresses in its history. This has come at a time when the cryptocurrency has equally been recording high volatility, resulting in speculations on what may drive it and perhaps influence the market with it. Solana Makes New Record On September 10, 2024, Solana surpassed 5 million daily active addresses, up from 1.05 million earlier in the year. This shows that the Solana ecosystem is increasing, especially DeFi and NFTs, which are gaining steam. Source:…