Decentralization

Flashbots Launches BuilderNet to Decentralize Ethereum’s Block Building

BuilderNet, a decentralized block-building network for Ethereum, was officially launched on November 26. Operated by Flashbots, Beaverbuild, and Nethermind, this network aims to address centralization issues while bolstering censorship resistance and neutrality on Ethereum. Ethereum currently uses a proposer-builder separation model for block construction. Builders create blocks, and proposers select

November 27, 2024 2 mins read

Base Prepares to Roll Out Fault Proofs For Decentralization

Ethereum Layer 2 (L2) scaling solution Base is launching fault proofs on its mainnet on October 30, 2024. This upgrade aims to decentralize by enabling permissionless validation and improving security for users on the network. Base stated: Fault proofs are coming to Base Mainnet on October 30th, marking a key

October 24, 2024 2 mins read

Vitalik Buterin Charts Ethereum’s Next Phase with ‘The Verge’

Vitalik Buterin’s latest piece, “Possible Futures for the Ethereum Protocol, Part 4: The Verge,” delves into critical aspects of Ethereum’s future, focusing on scalability, security, and the need for robust governance mechanisms. Buterin emphasizes the urgency of addressing these challenges to ensure Ethereum’s long-term viability. One core topic Buterin discusses

October 23, 2024 2 mins read

Bitcoin Hashrate Bounces Back Overall After 39% Drop

Bitcoin hashrate which fell on Dec 25th nearly reaching a 39% low in the week started to surge. As per the CoinWarz data, the bitcoin hashrate was 168.85 EH/s on Dec 25th. And two days prior (Dec 23rd) it was 271.4 EH/s. The reason for the fall was stated to

December 26, 2022 1 min read

Chainlink Releases New Node Software V2 Boosting Operational Efficiency

Chainlink Upgrades to Enhance the WEB3 Ecosystem

Chainlink Economics 2.0 is aims to enhance the long-term utility and durability of Oracle services. BUILD is a program design to promote ecosystem growth and drive dApp innovation. The Chainlink Network is entering a new era emphasized by Chainlink Economics 2.0. Which promotes long-term growth, cryptoeconomic security, and value‐added capture.

September 29, 2022 2 mins read