Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers, prior to the Paris upgrade, programmers successfully completed the 13th and last shadow fork. Ethereum’s 13th and Last Shadow Fork Is Complete On Friday, social media has been abuzz with chatter about The Merge and Ethereum’s transition from PoW to PoS. Furthermore, ETH developers and the Ethereum research and engineering company Nethermind revealed the last shadow fork is now complete.…
Tag: Devs
Weekly active crypto devs drops over 26% over the last 3 months
The crypto industry has seen more than a 26% reduction in weekly active developers over the last three months amid a prolonged market slump, the latest data shows. According to Blockchain data aggregator Artemis, the four leading smart contract platforms — Ethereum, Polkadot, Solana, and Cosmos experienced even higher drop-off, clocking 30.5%, 43.6%, 48.4%, and 48.9% reductions in developer activity respectively over the last three months. Source: Artemis Interestingly, decentralized data storage protocol Interplanetary File System (IPFS) and blockchain network Internet Computer were among the few top smart contract platforms…
Aave devs look set to receive $16.3M via retroactive funding
The DAO behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28 million in retroactive funding for their role in the development of Aave Protocol V3. Voting for the proposal began on Sept. 6, and at the time of writing has already passed 667,000 votes in favor of the funding, more than doubling the 320,000 required. The vote is set to end on Sept. 8. According to the initial proposal, which was first pitched on Aug. 10, the Aave Request for…
Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22 – Bitcoin News
While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet in 19 Days Cardano’s development team disclosed a hardened date for the upcoming Cardano (ADA) hard fork called Vasil, following Input-Output Global (IOG) founder Charles Hoskinson explaining it would happen in September during a live…
Helium devs propose ditching its own blockchain for Solana
Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users installing a Helium Hotspot to provide decentralized wireless 5G network coverage for internet users in their area. Helium uses a unique consensus mechanism — proof-of-coverage to verify network connectivity and distribute HNT tokens to…
ETH devs move up the date for Merge
The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake. The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer call it would be when Total Terminal Difficulty (TTD) hits 58750000000000000000000. This was confirmed in a Github post titled “Tentative mainnet TTD” which was committed to by Beiko on Aug. 11. While the exact date and…
ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD’ for The Merge – Bitcoin News
Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After the Ethereum network’s Total Terminal Difficulty (TTD) hits 58750000000000000000000, the chain will fully transition into a PoS blockchain after starting out as a proof-of-work (PoW) blockchain. The Merge Has a New Execution Date Ethereum has some big changes ahead and during Consensus Layer Call #93, Ethereum developers confirmed that…
Telstra Report Unveils Ethereum Devs Remain Strong During Bear Market
Recent news reported the constant increase of developers in some renowned digital currencies, especially Ethereum. The effect has increased the Web3 community strength and is looking to maintain this course in the long run. The news cited that the growth is a function of the participation of developers in the major ecosystems. According to the information from Telstra Ventures, the major digital currencies involved here are Bitcoin, Ethereum, and Solana. Telstra Ventures is a known investing arm of telecommunication in Australia. Notably, the report also compared the level of strength…
20 million JavaScript devs can now build applications on NEAR: KBW 2022
20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software Development Kits (JS SDKs) on Monday. Speaking with Cointelegraph at the Korea Blockchain Week (KBW) on Aug. 9 (local time), NEAR founder Illia Polosukhin emphasized that the move will open up the niche field of blockchain development to a substantially broader audience: “There’s about 20 million JavaScript developers in the world. Probably like every developer one way or another wrote JavaScript in their life.…
Solana’s Latest $6M Exploit Likely Tied to Slope Wallet, Devs Say
In the second day of the exploit that’s stolen at least $6 million in various in tokens from users of the Slope and Slope-tied Phantom wallets, the Twitter account tied to the blockchain’s marketers is blaming the software of the wallets, and not its own code, for the attack. Source