Tag: Nodes

Solana Blockchain Nodes Now Available to DeFi and Dapp Developers on AWS Repository

The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts. Solana (SOL), a leading smart contract blockchain with a smartphone in the market dubbed Saga mobile, has announced that infrastructure nodes are now available on the Amazon Web Services (AWS) Blockchain Node Runners repository for easy access by Web 3.0 developers. The Solana team announced the major developments during the Breakpoint 2023 in Amsterdam, Netherlands. The…

Vitalik Buterin on fix for Ethereum centralization — make running nodes easier

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The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder Vitalik Buterin. At current, the majority of the 5,901 active Ethereum nodes are being run through centralized web providers like Amazon Web Services (AWS), which many experts claim leaves the Ethereum blockchain exposed to a centralized point of failure. Distribution of Ethereum nodes from web service providers. Source: Ethernodes Speaking at Korea Blockchain Week, Buterin outlined six key problems…

Binance to Implement Lightning Network Nodes to Boost Bitcoin Transactions

Binance is working towards the full integration and implementation of the Bitcoin Lightning Network to ensure smooth customer experience for deposits and withdrawals. On Tuesday, June 20, the world’s largest crypto exchange Binance announced that it has started operating nodes on the Bitcoin’s Layer-2 scalability platform aka Lightning Network. Binance said that it would be a crucial step towards integrating deposits and withdrawals on the crypto exchange. Binance confirmed its presence on the Lightning Network through a tweet while acknowledging users who noticed it. However, it added that some technical…

Binance to implement Lightning Network nodes for enhanced Bitcoin transactions

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On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals. In a tweet, Binance acknowledged users who noticed their new Lightning nodes and confirmed their presence. However, Binance highlighted that additional technical work must be completed before the Lightning integration is fully implemented, promising to provide updates along the way. #Binance is working to integrate the #Bitcoin Lightning Network for deposits and withdrawals. Some eagle-eyed users spotted our new lightning nodes…

Lightning Labs updates Litd, anyone can now run Bitcoin Lightning Network nodes

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lightning Labs, the team behind Lightning Network (LN), has upgraded Litd to permit ordinary users to operate their own Lightning Network (LN) nodes. Users can now send and receive bitcoin (BTC) in a non-custodial style without technical proficiency.  Latest Litd advancement Lighting Labs introduced new changes in the Lightning Network management tool, Litd, based on feedback from the node operator community and developers. The new version lets users interact with the Lightning Pool freely by sending…

IoT project turns smartphones into blockchain nodes to broaden connectivity

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Smartphones could become an integral part of blockchain networks, powering connectivity between smart devices in the Internet of Things (IoT) industry. Nodle is the firm behind a connectivity platform that incentivizes users to become nodes of an IoT network. Making use of the increasing proliferation of smartphones worldwide, the network uses Bluetooth connectivity to rent computing power, storage and Bluetooth capability of devices to broaden the footprint of IoT networks. Nodle CEO Micha Anthenor Benoliel outlined details of the project in an interview with Cointelegraph, which looks to tap into…

Secret Network validator shuts down nodes after leadership turmoil

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A major validator for the privacy smart contract layer-1 blockchain Secret Network has announced that it will no longer provide nodes and support for the network. On Jan. 29, major validator Smart Stake announced that it would be shutting down its Secret Network validator nodes on Feb. 21. Smart Stake cited “complex/stressful validator operations, cost/effort of validator ops, and recent events,” as reasons for withdrawing its services. Smart Stake is a staking and validator service provider that supports several networks including Crypto.com, Polygon, Cosmos, and until recently Secret Network. PSA…

Cardano Protocol Recovers after More than 50% of Nodes Went Offline

The Cardano outage is not a new occurrence for some of the majority of Layer-1 protocols. The Cardano (ADA) protocol recorded a temporary outage on at least 50% of its nodes over the weekend according to reports from a number of its Stake Pool Operators (SPO). According to an update shared on the official Telegram page of the Cardano SPO, a yet-to-be-identified anomaly was responsible for the outage. Despite the concerns that the outage caused, its impact was not so detrimental as almost all of the nodes recovered automatically. According…

Cardano recovers from an outage on 50% relay and block-producing nodes

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Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went offline over the weekend.  According to a Jan. 22 post shared on the Telegram SPO for Input Output Global, the engineering and research in fintech behind the Cardano blockchain, an anomaly caused 50% of Cardano nodes to disconnect and restart.  Last night during the anomaly on the #Cardano network, the entire network did not go down. There was a brief period of degradation. Most nodes impacted had gracefully recovered.…