Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. […] Source CryptoX Portal
Blockchain validators ingest transactions and construct blocks – the most essential process in running a blockchain. Most networks have a single validator client. Solana’s plan to have two fully independent validators – one from a Solana spinoff team, Anza, one from Jump – would give it a redundancy boost, and potentially a performance edge, too. Source
Este artículo también está disponible en español. Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC). At press time, the trading pair is exchanging hands at 0.038, its lowest level in three years. Related Reading Compared to some of the other…
“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
The Ethereum blockchain has the most active developers, the most active users and a market cap that is five times larger than its nearest competitor, the report said. Source
Alvin Lang Sep 05, 2024 13:26 Stellar (XLM)’s Candace Kelly discussed blockchain compliance and humanitarian aid at the Point Zero Forum, showcasing the real-world applications of the Stellar network. The Stellar Development Foundation (SDF) recently took center stage at the Point Zero Forum, a prominent fintech event, to discuss the transformative potential of blockchain technology. According to Stellar, Chief Legal and Policy Officer Candace Kelly shared valuable insights on blockchain compliance and the use of the Stellar (XLM) network for humanitarian aid…
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance drop below early-year highs. Ethereum, Solana, and Bitcoin See Sharp Drop in […] Source CryptoX Portal
A robust custody solution should consider advanced technologies to ensure the security and integrity of stored value. One option is a private and permissioned blockchain, which can serve as the backbone for transaction integrity and auditing, providing a reliable mechanism for tracking asset movements. The design of such blockchains assures that transactions are both auditable and immutable, which is crucial for maintaining trust and security. While a simple database can provide some of these functions, a private blockchain delivers them out of the box, offering enhanced security, transparency, and reliability.…
CoinspeakerDOGS Meme Coin Surges 25% Amid TON Blockchain’s Temporary Outage The recent market downturn might be ending for a new meme coin on The Open Network (TON). DOGS, a meme coin created by Telegram founder Pavel Durov, saw a significant 25% price increase on Thursday. The DOGS impressive rise followed a large airdrop and listings on major crypto exchanges such as Binance, OKX, and Bybit. DOGS Airdrop Strains TON Network Capacity DOGS, with its airdrop of 440 billion tokens out of a total supply of 550 billion, effectively grabbed user…
Banks are also exposed to political uncertainty as a new legislation could “change validator behaviour,” making the “blockchains themselves operationally unstable.” A ban for instance could “reduce the amount of computing power or staked native tokens available to secure the blockchain, temporarily increasing the risk of a 51% attack,” in which ”a coordinated effort is put forward to control greater than 50% of the validation nodes.” Source