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The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the … Read more
A public burn function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses. Go to Source Powered by WPeMatico
Coinbase announces that unstaking requests may take weeks to months to process as they are not in charge of ETH unstaking process. Go to Source Powered by WPeMatico
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain. Go to Source Powered by WPeMatico
The Ethereum ecosystem is edging closer to its latest milestone as the Shanghai upgrade draws near. Go to Source Powered by WPeMatico
After a network-wide slowdown that had users frantic, Solana released plans to improve its latest network upgrade. Go to Source Powered by WPeMatico
Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project … Read more
As Ethereum’s Shanghai upgrade approaches next month, the network’s Sepolia testnet has successfully upgraded, simulating the scheduled hard fork. Go to Source Powered by WPeMatico
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ … Read more
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time. Coinbase L2 Scaling Platform Aims to Help Scale the Crypto Economy … Read more