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A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted it was
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Input Output Hong Kong (IOHK), the blockchain engineering firm behind the Cardano network has released some “disappointing news”, announcing a one-month delay to the long-awaited Vasil upgrade. The Vasil upgrade is set to provide a “massive performance improvement to Cardano” and its smart contract capabilities according to Cardano co-founder Charles
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The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra's collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of several stranded projects on Terra by offering financial and technical assistance.After its spiral collapse, Terra co-founder Do Kown
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On March 15, the lending protocol Hundred Finance was hacked on the Gnosis chain, losing 2,363 ETH. Immediately, Hundred Finance paused all markets on the chain.Prior to the hack, Hundred Finance was a relatively small DeFi protocol on Gnosis, with highest $313M TVL. As a fork of Compound, its features
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Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST. Original Source
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Monero is a privacy-centric protocol that masks the wallet addresses of users making it difficult for others to trace and track transactions. This is unlike bitcoin (BTC) or other cryptocurrencies, where wallet addresses and transactional behavior can be analyzed to determine the identity of their users. Source
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Cardano (ADA) price risks undergoing a severe correction in the next few months despite touting its blockchain network's bolstering growth and a "major" hard fork event in June.Descending channel hints at ADA selloff aheadADA, which makes up about 1.75% of the total crypto market capitalization, has been trending lower since
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Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus. The shadow fork provides a venue for developers to stress test their assumptions around the network’s complex shift to PoS, according to Ethereum Foundation developer Parithosh Jayanthi. “The
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The shadow fork will share some of the data with the main Ethereum network, so some transactions could appear on both chains, Jayanthi cautioned. The shadow fork has already processed 1,166,016 transactions with an average block time of 14.8 seconds as of the time of writing, according to a block
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Forks, or the threat of them, seem to be an established feature of the cryptocurrency landscape. But what are they? Why are they such a big deal? And what is the difference between a hard fork and a soft fork?A “fork,” in programming terms, is an open-source code modification. Usually,
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