In the previous model, half of the fees in a priority transaction were erased while the other half went to the validators. This created a situation where validators were said to be making “side deals” with transaction submitters to get more SOL, as per proposal creator tao-stones on the Solana governance forum. Source
CoinspeakerDCF Announces Passage of Proposal for Better Liquidity and Efficiency in Cosmos Network The Decentralized Cooperation Foundation (DCF) announced the successful passage of Proposal #912, a transformative initiative within the Cosmos network, a leading decentralized network of independent parallel blockchains, aimed at improving liquidity and economic stability. Proposal #912: Milestone for Cosmos Network Recently approved by the Cosmos community, Proposal #912 introduces a robust framework for liquid staking. This initiative is designed to allow staked assets to be traded freely through derivative tokens, therefore enhancing the liquidity within the network.…
Ethereum core developer Ansgar Dietrichs, who co-wrote EIP-3074 and EIP-7702 with Buterin, said in an interview with CoinDesk via chat that the newest proposal was “the result of a week or so of him being involved in the account abstraction research conversation.” Source
OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software upgrade. Co-authors Ethan Heilman and Armin Sabouri have emphasized that receiving a BIP number mainly facilitates discussion around the proposal by providing a […] Original
While Quantum Cats is one of the most popular inscription projects to date, OP_CAT itself is far from universally accepted. There is some speculation, for instance, that despite Heilman and Sabouri submitting their BIP proposal several months ago, it was being held off from approval by lone BIP editor and Bitcoin Core dev Luke Dashjr, who is not alone in his skepticism of recent on-chain experimentation. Original
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill’s authors, Sen. Cynthia Lummis (R-Wyo.). Source
Solana validators have approved a proposal called “Timely Vote Credits” to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism. Solana (SOL) validators have voted in favor of a proposal called “Timely Vote Credits” that aims to reduce the latency of consensus votes, potentially accelerating blockchain transactions. This proposal introduces a mechanism to incentivize validators to make timely votes, addressing an issue where some validators delay their votes to maximize earnings without penalty. Currently, Solana validators receive a fixed one-vote credit for…
“We have close to a dozen of these token launches already planned and due to be announced in the coming days and weeks,” TokenFi developer B told CoinDesk in a release. “However, we envision a scenario in which some of these token sale events could be sold out in minutes, especially if open to the general public.” Source
Notably, Vitalik Buterin, the influential co-founder of the Ethereum blockchain, is one of three members of the executive board of the Ethereum Foundation, according to its website. The organization is described as a “non-profit that supports the Ethereum ecosystem,” and part of a “larger community of organizations and individuals that fund protocol development, grow the ecosystem and advocate for Ethereum.” Source
According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant for scaling solutions such as zero-knowledge rollups (zkrollups) and Layer 2 chains […] Source CryptoX Portal