Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.
Category: Justin Bons
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‘Not even a single TX has been censored on ETH’ — Cyber Capital founder
Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds.
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Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’
The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and the blockchain’s latest downtime caused the network’s native currency to slide 4% lower against the […]Powered by WPeMatico
Bitcoin is ‘one of the worst cryptocurrencies’ claims Cyber Capital founder
The comments come as Ethereum and Cardano are soon undergoing significant upgrades, while Bitcoin has remained largely unaltered.
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Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the […]Powered by WPeMatico
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily fee on the […]
The post Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe appeared first on Bitcoin News.
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BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal
Since Btc.top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12.5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, discussion, and suggestions. Reactions have ranged from calling the move a “tax” that is incongruous […]
The post BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal appeared first on Bitcoin News.
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Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable
It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for an “electronic payment system based on cryptographic proof […]
The post Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable appeared first on Bitcoin News.
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