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Tag: Blockchain
Blockchain Celestia Braces for Price Volatility for TIA Amid $900M Token Unlock
“There could be some pronounced effects,” David Shuttleworth, partner at Anagram, told CoinDesk, noting that the amount of tokens being unlocked is multiple times larger than the average daily trading volume between $50 million and $200 million over the past month. “The broader timing, however, is favorable,” he added, with bitcoin (BTC) trading near all-time highs and other majors including ether (ETH) and solana (SOL) also performing well. Source
Polygon (MATIC) Introduces AggLayer to Unify Blockchain Ecosystem
Rebeca Moen Oct 29, 2024 07:02 Polygon (MATIC)’s AggLayer aims to resolve blockchain fragmentation by aggregating sovereign chains, offering a unified ecosystem for liquidity, users, and state through innovative architecture. Addressing Blockchain Fragmentation According to polygon.technology, the blockchain space is currently fragmented, with thousands of Layer 1 and Layer 2 chains operating independently. This fragmentation is a significant barrier to mass adoption, similar to the early days of the internet when isolated networks could not communicate effectively. The AggLayer Solution Polygon (MATIC)…
Blockchain Meets Basketball: How Coinbase Plans to Engage Golden State Warriors Fans
The Golden State Warriors have entered a partnership with Coinbase, designating it as the official cryptocurrency and blockchain partner of both the team and Chase Center. Golden State Warriors Partner With Coinbase for Cryptocurrency Initiatives According to the announcement, the collaboration will involve a series of promotional events and blockchain-focused fan engagement activities scheduled throughout […] Source CryptoX Portal
Astria, Project to Decentralize Crucial Blockchain ‘Sequencers,’ Goes Live With Main Network
The project is among those aiming to decentralize blockchain “sequencers” – the component of a layer-2 network that compiles transactions happening on the secondary network, in order to record them on a main layer-1 blockchain, like Ethereum. Metis, a layer-2 network for Ethereum, has developed its own decentralized sequencer, for example. Source
Bitfinex Enables Tether (USDt) Transactions on Aptos Blockchain
Luisa Crawford Oct 28, 2024 16:12 Bitfinex announces the integration of Tether (USDt) deposits and withdrawals on the Aptos blockchain, enhancing transaction speed and reducing costs for users. Bitfinex, a leading digital asset trading platform, has announced the launch of Tether (USDt) deposits and withdrawals on the Aptos blockchain. This development marks a significant enhancement for Bitfinex users, as they can now conduct transactions on Aptos without the need for third-party wallets, according to blog.bitfinex.com. Aptos Blockchain’s Growing Popularity The Aptos blockchain…
EOS Network Unveils Spring 1.0 and Savanna: A Leap in Blockchain Consensus
James Ding Oct 27, 2024 11:02 The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain. In a recent development, the EOS Network Foundation has launched the Spring 1.0 release, alongside the new Savanna consensus algorithm. This release marks a significant advancement for the EOS blockchain, aiming to address previous limitations and enhance performance, according to eosnetwork.com. Introduction and Background Spring 1.0, released on September 25, 2024, represents…
Arkham Expands Support to Solana (SOL) Blockchain
Iris Coleman Oct 27, 2024 10:07 Arkham Intelligence now offers comprehensive on-chain data services for Solana (SOL), enhancing capabilities for users to track and analyze blockchain activity. Arkham Integrates Solana Blockchain Data Arkham Intelligence has announced the integration of Solana (SOL) blockchain data into its platform, expanding its suite of on-chain analytics tools. This development allows Solana users to leverage Arkham’s features for tracking and analyzing blockchain activities, according to Arkham Intelligence. Enhanced Tracking and Analysis Tools With this integration, users can…
Exploring Local Fee Markets and Blockchain Transaction Mechanisms
Zach Anderson Oct 27, 2024 08:35 a16z crypto discusses local fee markets in blockchain, focusing on transaction execution mechanisms, optimal pricing, and capacity allocation in parallel execution systems. Understanding Local Fee Markets in Blockchain In a recent presentation by a16z crypto, the concept of local fee markets in blockchain systems was thoroughly examined. The focus was on transaction execution mechanisms (TEMs), which are pivotal for efficient resource allocation across multiple parallel execution queues. This discussion is particularly relevant as blockchain technology evolves…
Exploring Proposer-Builder Separation and Its Impact on Blockchain Centralization
Rebeca Moen Oct 26, 2024 09:32 Proposer-Builder Separation (PBS) aims to mitigate validator centralization in blockchain, yet it may lead to builder centralization. Discover insights from Agostino Capponi’s research. Proposer-Builder Separation and Blockchain Dynamics In the evolving landscape of blockchain technology, the concept of Proposer-Builder Separation (PBS) has emerged as a potential solution to reduce centralization among validators. This framework, introduced by Ethereum, seeks to create a competitive market by decoupling the roles of block proposing and block building. By doing so,…