Vitalik Buterin, Ethereum’s co-founder, has discussed some of the obstacles that have arisen throughout the process of introducing account abstraction on the blockchain, despite the fact that this new feature is seen as an impetus that might bring one billion people to Ethereum. On July 18 at the Ethereum Community
According to analytics firm Glassnode, there has been a notable surge in the amount of Ethereum locked in the ETH 2.0 deposit contract, reaching a new peak of 25,937,766 ETH. This milestone was previously achieved after the Shanghai upgrade in April, allowing withdrawals from the ETH 2.0 deposit contract. Validators
Ethereum Layer 2 scaling solution zkSync has announced its latest mega upgrade, named Boojum, aimed at enhancing overall performance and efficiency. The upgrade introduces a STARK-powered proof system, enabling improved performance on consumer-grade hardware. Boojum includes the RUST-based cryptographic library, powering the upgraded ZK circuit version for zkSync Era and
By shifting from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution, CLabs, the company behind the Celo blockchain, hopes to rejoin the Ethereum ecosystem. A proposal discussed on Celo’s governance forum suggests using OP Stack as the architecture to become an Ethereum L2 blockchain. Thus “making it easy
It’s been almost two years since the London hard fork, which saw the deployment of EIP 1559. As a result of this major update, the base fee component of a transaction fee on the Ethereum network is being consumed constantly, 24 hours a day. Statistics show that after the London
The popular Aave DAO platform has successfully launched its own decentralized stablecoin, GHO, on the Ethereum mainnet. Minting the stablecoin with a wide variety of collateral assets kept inside the Aave Protocol is part of its effort to improve user visibility. By including such an asset, Aave hopes to provide
Following a judgment by a U.S. federal court that XRP should not be deemed a security in some contexts, the larger cryptocurrency market is nearly uniformly green today. This upswing has pushed Ethereum, the second-biggest cryptocurrency by market size, back over $2,000 after a two-month absence. The price of Ether
In the last week, Ethereum Classic (ETC) recorded a minor surge and a price dip. Axie Infinity (AXS) also seems to have recovered from its June 2023 tussle with the US SEC. Right now, investors are monitoring these tokens to see who will take the lead and present the most
Coinbase wallet users may now communicate with one another through instant messaging utilizing their Ethereum identities. The Extensible Message Transport Protocol (XMTP) is the backbone of this new function, which enables users to send messages to one another using blockchain addresses. Coinbase said in a blog post that it has
ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses
