Tag: Blocks

Celestia Plans For 1 GB Blocks For Scaling: Why Are TIA Holders Worried?

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Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability. Celestia Plans For 1 GB Blocks For Scaling In a recent announcement, the platform’s core developers said it was preparing for the next phase, which will see the blockchain introduce 1 GB blocks. The decision to unleash 1 GB blocks will be a major move to scale on-chain…

Celestia Aims to Revolutionize Blockchain with 1 GB Blocks

James Ding Sep 06, 2024 15:22 Celestia announces its roadmap to scale blockchain data throughput to 1 GB blocks, aiming to drastically improve the performance and scalability of decentralized applications. After several years of development, Celestia’s Mainnet Beta went live last year. Since then, an early ecosystem has taken form, with developers deploying the first 20 rollups and Celestia blobs representing 40% of total data published, according to the Celestia Blog. Scaling to 1 Gigabyte Blocks The core objective of Celestia’s roadmap…

Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and the Paraguayan justice system convicts an individual for energy theft crimes […] Source CryptoX Portal

Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands

CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings and even P2P markets, which are popular among those using crypto as […] Source CryptoX Portal

HSBC Australia Blocks Payments to Crypto Exchanges

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HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia claimed scammers frequently exploit cryptocurrency exchanges, making it challenging to recover stolen funds. […] Source

UK Digital Bank Blocks Clients From Performing Crypto Transactions

The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline Cryptocurrency-Related Bank Transfer Requests London-based digital bank Kroo has barred its customers from […] Source CryptoX Portal