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Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. Go to Source Powered by WPeMatico
“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated. Go to Source Powered by WPeMatico
Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This will ostensibly allow the company to access the energy efficiency and … Read more
FTX CEO’s comments on Bitcoin received heavy backlash from the crypto community, with many reminding him of Solana, a PoS network that has gone offline half a dozen times. Go to Source Powered by WPeMatico
The Terra Money Twitter account shared the finer points on Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA. Go to Source Powered by WPeMatico
Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise. Go to Source Powered by WPeMatico
A popular investing strategy for long-term crypto investors, staking pools promise a regular income stream for the tokens staked with certain riders. Go to Source Powered by WPeMatico
Ether could continue dropping against the U.S. dollar in a high interest-rate environment. Go to Source Powered by WPeMatico
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound transactions on Saturday caused Solana’s mainnet to lose consensus for roughly seven hours. Solana’s Mainnet Loses Consensus for 7 Hours … Read more
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change to a proof-of-stake (PoS) consensus algorithm. Other organizations have also attacked bitcoin, hinting at this … Read more
