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Aside from the garishness of it all, there's been criticism of what some commentators describe as a potentially risky setup, where depositors are essentially relying on faith in an undisclosed group of "engineers" – as opposed to more robust security measures – to safeguard their cryptocurrency ahead of Blast's real
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CryptoFees data shows that Bitcoin daily fees averaged $10.65 million from November 16 to November 18, surpassing Ethereum’s average fee of nearly
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Average daily transaction fees on Bitcoin (BTC) have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network. On Nov. 20, the average daily transaction fee for Bitcoin stood at $10.34, while Ethereum’s transaction fees came to an average of $8.43, according to BitInfoChart data. Bitcoin’s average daily
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"There's that ethos in Web3 about decentralization being a core value," Thomas Hay, the lead product manager for Infura, told CryptoX. "We know there are advantages to a centralized service in terms of the ease of use and the ability to get up and running, but moving in the direction
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Plasma, a once-prominent Ethereum layer 2 scaling solution, should be revisited by teams currently working on zero-knowledge Ethereum Virtual Machines (EVMs), says Ethereum co-founder Vitalik Buterin.Invented in 2017, Plasma diverts data and computation — except deposits, withdrawals and Merkle roots — to an off-chain environment. It was superseded by optimistic
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As staking becomes better understood, investors will demand that yield rate be more predictable. Moreover, they will pit providers – LSTs, funds, ETPs, CEXes, futures contracts – against each other to hunt for the best return. Benchmarking these returns provides a yardstick for investors, and allows providers to show the
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Proto-danksharding will also “serve to set the scaffolding for future scalability upgrades, including danksharding, as part of the blockchain’s ‘Surge’ roadmap,” the report said. Danksharding is a way of making Ethereum more scalable, and applies the same concept of splitting the network into shards, but instead of using these shards
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In a recent interactive session, Ethereum’s co-founder, Vitalik Buterin, shed light on the platform’s technical advances and celebrated emerging decentralized projects within its ecosystem. In a recent Ask Me Anything (AMA) session, Ethereum Co-founder Vitalik Buterin touched on several topics that offer a glimpse into the potential trajectory of the Ethereum
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This shift, which made it so validators are rewarded with both protocol emissions and priority transaction fees, also unlocked something perhaps less obvious but absolutely groundbreaking for Ethereum: the introduction of a native interest rate. Staking ether (ETH), the ecosystem’s native token, now pays an interest rate. This forms a
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Yat Siu, founder of Animoca Brands, offered to fly Vitalik Buterin to Hong Kong and act as his tour guide to help navigate the city-state’s crypto regulatory landscape after Buterin shared doubts about long-lasting policies. Animoca’s chief executive dispelled claims that the relationship with Beijing could hamper regulatory stability and disrupt
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