Tag: Blockchain

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,…

Flare launches Blockchain Machine Images on Google Cloud

Flare, the blockchain for data networks, has unveiled a new tool designed to enable rapid and low-cost deployment of blockchain nodes. Blockchain Machine Images, a node-as-a-service solution, is Flare’s (FLR) latest product that allows web3 developers to access faster node deployment via Google Cloud’s marketplace. With Blockchain Machine Images, it’s now easier to power decentralized applications, blockchain platforms, and data streams. The solution supports Bitcoin (BTC), Ethereum (ETH) and Avalanche (AVAX) among other top blockchain networks. According to details the Flare team shared on Oct. 25, blockchain developers can leverage…

New Blockchain From Kraken Expected To Debut In Early 2025

US-based cryptocurrency exchange Kraken, the sixth largest trading volume, is gearing up to launch its blockchain, Ink, in early 2025. This new platform aims to facilitate decentralized applications (dApps), enabling users to trade, borrow, and lend tokens without intermediaries. Kraken’s Ink Blockchain Goals According to a recent report by Bloomberg, Ink will utilize technology similar to that of Coinbase’s Base, which has rapidly emerged as one of the largest DeFi platforms since its launch over a year ago.  Andrew Koller, the founder of Ink, stated that a testnet will be…

Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line

“Now, that’s very different from, let’s say there’s somebody who comes and builds an order book DEX on Polygon PoS,” he said. “If they were doing $20,000 of fees over multiple months, it would be a massive failure, because you would expect massive numbers of orders placed and canceled and filled, then that would drive huge numbers of transactions. So the key here is like, different applications have different intended purposes.” Source

Solana’s Evolution: High-Speed Blockchain Faces New Challenges in 2024

Jessie A Ellis Oct 25, 2024 10:18 Solana, known for its speed and efficiency, has rebounded from initial setbacks to secure a niche in payments and consumer markets. The blockchain continues to evolve amidst growing competition. Solana, a high-performance blockchain recognized for its low latency and user-centric design, has made significant strides since its inception. Despite early challenges such as network outages and a strong association with the now-defunct FTX exchange, Solana has carved out a niche in payments, decentralized physical infrastructure…

Lazarus Group Unleashes Blockchain Game To Exploit Chrome And Steal Crypto

A cybersecurity firm yesterday reported that a group of notorious hackers from North Korea was able to steal $3 billion worth of cryptocurrency from users by devising a fake blockchain game. Kaspersky Lab said that the Lazarus Group took advantage of a key vulnerability in the Google Chrome browser that allowed them to drain the crypto wallets of their victims. Lazarus Group: $3 Billion Crypto Heist It was reported that the North Korean hackers used the fake game to steal more than $3 billion in cryptocurrency — an operation the…

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […] Source CryptoX Portal

Chainlink Expands to Bitcoin, Helping Original Blockchain With Its Layer-2 Shift

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