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Low Turnout Hinders MakerDAO Vote to Decrease Stablecoin Stability Fee by 2%

The vote to decrease stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin Dai has failed, according to the voting results published on May 20.The vote about whether to decrease the fee by 2% to 17.5% per year started yesterday, May 19. MakerDAO is looking to change the yearly stability

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MakerDAO Token Holders Vote About Whether to Raise DAI Stability Fee by 3%

Another vote about whether to raise the so-called stability fee for Maker’s ethereum (ETH)-based DAI decentralized stablecoin by 3% has started on the governance portal of the Decentralized Autonomous Organization (DAO) on April 19.MakerDAO, which issues the USD-pegged aforementioned algorithmic decentralized stablecoin, is seeking to improve the token’s peg by

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Ethereum User Who Accidentally Paid $365,000 Fee Splits Loss With Mining Pool Sparkpool

Ethereum (ETH) mining pool Sparkpool confirmed it had come to an arrangement with a user who accidentally sent it over $300,000 in mining fees on March 11.The mix-up, which occurred on Feb. 19, involved an Ethereum user apparently confusing the fields required to send an ETH transaction.Three transactions broadcast

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Vitalik Buterin Proposes Gas Fee “Norm” For Ethereum (ETH) Wallet Transactions

Ethereum co-founder and cryptocurrency industry mainstay Vitalik Buterin has proposed a controversial method for increasing ETH developer fund support: imposing gas fees on wallet transactions. On Mar. 8, Buterin tweeted his proposal, making a clear distinction that his plan would involve the creation of a “community norm,” which users could

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Vitalik Buterin Proposes That Wallets Charge Gas Fee for Transactions

Ethereum (ETH) co-founder Vitalik Buterin  proposed that wallets charge a gas fee for transactions in order to support developers in a tweet on March 8.Gas is a unit for measuring the computational work of operating transactions or smart contracts in the Ethereum network, wherein different kinds of transactions require a

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