Flashbots build over 82% relay blocks, adding to Ethereum centralization

Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. However, mining data reveals Ethereum’s heavy reliance on Flashbots — a single server — for building blocks, raising concerns over a single point of failure for the ecosystem. Flashbots is a centralized entity dedicated to transparent and efficient Maximal Extractable Value (MEV) extraction, which acts as a relay for delivering Ethereum blocks. Data from mevboost.org show that there are six active relays currently delivering at least…

What is Art Blocks and how do you invest in generative art?

Art Blocks is a platform that enables its users to mint what it calls “generative art.” Generative art refers to art that, in whole or in part, has been created with the use of an autonomous system. In Art Blocks’ case, the autonomous system is their smart contracts on Ethereum. It curates and promotes selected creators and collections, enticing users to mint NFT collections that are vastly different from the goofy animal profile pics that have become so obsequious.   Footprint Analytics – Transaction volume, last 30 days   Since…

Ukraine Blocks Crypto Wallet Used to Raise Funds for Russian Forces – Bitcoin News

The law enforcement and counter-intelligence agency of Ukraine has managed to seize the funds in a cryptocurrency wallet used to finance the Russian military campaign in the country. Officials in Kyiv claim that money collected through the wallet has been spent on military equipment for the pro-Russian separatist forces in the east. Ukraine Seizes Crypto Donations Funding Russia’s Invasion The Security Service of Ukraine (SBU) has for the first time implemented a mechanism to curb fundraising through cryptocurrency for the troops fighting on the Russian side in the ongoing hostilities…

Introduction au développement Blockchain (Programmation Blockchain)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io La Blockchain est une révolution. Cette vidéo vous permettra de comprendre la Blockchain : son intérêt et comment elle fonctionne. Nous allons aborder le concept de Blockchain, mineurs, blocs, transactions, signatures, hash et de gaz. 🥇Ma formation qui vous apprendra à créer une collection de NFTs professionnelle (génération des NFTs, OpenSea, Smart Contract (ERC721A, Whitelist Sale avec Merkle Tree, Public Sale, Gifts, Reveal etc…), Site de mint (ReactJS/NextJS), Marketing, Psychologie, Juridique, Sécurité et des BONUS inédits ! (Tous les scripts sont fournis…

FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer

FTX has reportedly begun blocking accounts that have sent coins through zk.money, a private layer-2 chain provided by the Aztec Network on Ethereum. According to Twitter users, FTX has identified the DApp as a mixer — a service it deems a “high-risk activity” prohibited by the exchange. Reports of blocked transactions on FTX began appearing on Twitter on Thursday, sometimes with commentary about FTX’s motives and allegations that zk.money is not a mixer. Twitter users also noted that blocking transactions connected to the protocol may imply a ban with far-reaching effects,…

Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.  In a statement from Aug. 10, the National Agency of Perspective Projects (NAPP) projects informed that “various electronic platforms” provide services for trade and exchange of crypto-assets without obtaining the required license in violation of the existing legislation and thus access to them was restricted. However, the tone of the statement suggested that…

Art Blocks Does It Differently And Frequently

Unlike other NFT collections, Art Blocks is a platform. Its focus is generative or algorithmic artworks. The artists create the style of the collection, the colors and forms, or the “blocks” if you will. Each mint sorts through endless possibilities to create a unique piece. At minting time, the customer interacts with a generative script and the result is a randomly generated, unpredictable work of art. Depending on the collection, the resulting NFT can go from a static image to a multimedia experience. In most of the other Blue Chip…

Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users – Bitcoin News

2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased its presence from social media, deleting its account on Twitter. 2gether Reports Bear Market Woes The current downturn in the cryptocurrency market has affected several cryptocurrency exchanges and lenders unable to return funds to customers, having declared bankruptcy,…