Ethereum co-founder Vitalik Buterin discusses the current state and potential of memecoins, suggests alternative approaches such as charity coins and the Robin Hood game for positive-sum experiences, and highlights the importance of combining philanthropy with game mechanics . In a recent blog post titled “What else could memecoin be?” Vitalik Buterinco-founder of Ethereum, explores the current landscape of meme coins and ponders their potential beyond the realm of meme culture. Buterin begins by looking back at an article he wrote 10 years ago, before the Ethereum project was made public. In the article, he argued that coin issuance could be…
Author: Crypto Flexs
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Blob transaction fees on Ethereum witnessed an unprecedented surge yesterday with the launch of “BlobScriptions”.Blob represents a new transaction type that alleviates layer 2 fees on the Ethereum network and was introduced with the Dencun upgrade. The minimum gas price for a blob to be included in an Ethereum block from the beginning was 1WEI, which is approximately $0.01.However, this fee experienced an incredible surge of over 10,000% yesterday, reaching almost $300 following the introduction of BlobScriptions by Ethscriptions.As of press time, average blob fees have fallen to about $6.57, or 13.97 gwei, according to the Dune Analytics dashboard curated…
LiNEAR introduced Omnichain Liquid Restaking with the first aim of advancing NEAR’s chain abstraction. LiNEAR is the leader in NEAR’s DeFi protocol and holds the largest TVL. We plan to improve the safety aspects of NEAR’s chain abstraction network through staking. This will bring about a safe future for chain skeptics and abstracted Web3 exposure. We have done our best to advance the ecosystem, starting with our unique liquidity staking feature and automatic validator optimization algorithm. This helps improve safety issues and decentralize the NEAR network by redistributing stakes across the 200 active nodes. LiNEAR’s goal is to provide a…
In a blog post published today, Ethereum co-founder Vitalik Buterin shared his idea for memecoin and its potential to have a positive impact on the cryptocurrency space.Buterin cited one of his “personal moral rules” as “If there is a person or group you dislike, be willing to praise at least a few of them so that it best meets your values.” “I have no enthusiasm for coins named after totalitarian political movements, fraud, hooliganism, or anything that was interesting in month N but makes everyone angry in month N+1.”Memecoins have generated a lot of hype in recent months (and even…
Binance, a popular cryptocurrency exchange, has introduced Ethena (ENA) on its Launchpool platform. Users can now participate in ENA token farming by staking BNB and FDUSD. The farming period will last for 3 days starting March 30, 2024. ENA will be listed on Binance on April 2, 2024. Binance, one of the leading cryptocurrency exchanges, recently announced the introduction of Ethena (ENA) to its Launchpool platform. ENA is a synthetic dollar protocol designed to provide users with a stable and decentralized digital currency solution. With the launch of ENA on Binance Launchpool, users now have the opportunity to earn ENA…
join us telegram A channel to stay up to date on breaking news coverage MicroStrategy’s stock price, driven primarily by its Bitcoin (BTC) holdings, is “exceptionally high” and “unjustifiable,” claims investment firm Kerrisdale Capital. Investors have inflated MicroStrategy’s premium due to the company’s BTC holdings. Most of this BTC was purchased through debt financing, equity-linked convertible bonds, and ATM stock offerings, the company said in an analyst note on March 28. memo. He added that calling the company’s use of leverage to buy more BTC “intelligent” is faulty logic. Bitcoin ETF Could Make MicroStrategy Redundant spot release Bitcoin ETF (Exchange…
One closely watched cryptocurrency analyst believes a mid-cap memecoin is gearing up for a massive rally. pseudonym trader Kaleo says Floki (FLOKI), a dog-themed cryptocurrency asset, appears to be bullish on Bitcoin (FLOKI/BTC), with 632,600 followers on social media platform X. “FLOKI vs. BTC seems ready for a complete rip-off.” Source: Kaleo/X Looking at his chart, the trader suggests that FLOKI/BTC is in a bullish trend after hitting higher lows on the 1-hour chart and is on the verge of turning a key resistance level into a support level. FLOKI/BTC is trading at 0.000000003716 BTC ($0.0002629) at the time of…
I’m trying to connect my node to my sparrow wallet on two computers on the same network. As I understand you need to use authentication using user/pass option for sparrow. This is the same computer that the node is running on. I have my bitcoin.conf file set to server=1 rpcuser=user rpcpassword=pass, but when I test the connection I get an error message saying I can’t connect to sparrow. User/Pass Authentication Failed I’ve checked several times and the user and pass match, so I’m not sure what the problem is here. If you do not use any authentication options, sparrow will…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. The ongoing Kelexo (KLXO) token presale is attracting capital from Aave (AAVE), Ethereum (ETH), and Cardano (ADA) holders. This period is special for many religious people, but it is also very important for investors, especially those involved in the cryptocurrency market. After a long period of decline, the market is showing signs of recovery. Naturally, this also means that investors are earning, or will soon be earning, good returns. However, this is not very widespread and returns vary from…
The possibilities of zkSNARKs are impressive, you can verify the correctness of computations without having to execute them and you will not even learn what was executed – just that it was done correctly. Unfortunately, most explanations of zkSNARKs resort to hand-waving at some point and thus they remain something “magical”, suggesting that only the most enlightened actually understand how and why (and if?) they work. The reality is that zkSNARKs can be reduced to four simple techniques and this blog post aims to explain them. Anyone who can understand how the RSA cryptosystem works, should also get a pretty…