As of December 17, Irys, a prominent layer 2 network within the Arweave ecosystem, is reportedly planning to fork the Arweave network with the intention of “deleting its data sets and resetting the token supply.” post This is the work of Arweave founder Sam Williams.He claims that despite Arweave having a secure upgrade mechanism, Irys developers are planning to proceed with a hard fork, which “appears to be a play motivated by greed.” Arweave founder wrote:“In light of this situation, Arweave plans to remove Irys Bundler from the trusted set of major Arweave gateways. This will result in significant delays…
Author: Crypto Flexs
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This year saw a significant increase in demand for the limited space available within a Bitcoin block, leading to higher fees for on-chain transactions. Most of the demand is for trades that reveal inscriptions. The contents of this inscription are released as part of eyewitness data.One Bitcoin trading. this witness dataOne Discounted at 1/4 of other transaction data costs. Why do we offer discounts on these inscriptions? Should we softfork the witness discount?Why are some bytes cheaper than others?Money in general, and Bitcoin in particular, operates based on human incentives. Bitcoin uses the native Bitcoin token to align the incentives…
The $383 million Zilliqa ecosystem is experiencing disruption due to a “critical situation” affecting the network.According to the December 18th post According to the developers, the Zilliqa blockchain is facing “technical issues that are halting block production.” According to blockchain data, Zilliqa’s daily transactions fell by about 50% to 30,906, compared to an average of 61,000 over the past few days.There has since been a pause in activity, with the last transaction occurring around 11:00 AM UTC, and no new blocks have been created since. “The team is working hard to restore the network.” wrote Zilliqa CEO Matt Dyer follows…
dear my friend, Yesterday, Wave #01 DevCon tickets sold out within minutes of going online! After two years of anticipation, the entire team waited for this moment with curious nervousness. But don’t worry. more ticket wave Coming soon. Today we announce good news. Return of the Devcon Scholars Program, an EF initiative aimed at helping important Ethereum builders struggle to attend Devcon. Read below to find out if the Devcon Scholars program is right for you and to get information on how to apply. We are also excited to announce our first event taking place at Devcon in Bogotá. We…
Coinbase said Monday that it is part of a group of cryptocurrency heavyweights. Kraken, Ripple and Andreessen Horowitz have raised and donated $78 million to support “pro-innovation” political candidates in 2024. “The future of cryptocurrencies in the U.S. depends on the election of candidates and the enactment of policies that support responsible and fair rules for cryptocurrencies,” Coinbase said. “Specifically, overhauling appointed regulators who take regulation through enforcement approaches.” He said. blog post It describes donations made through a cryptocurrency-focused political action committee called Fairshake.According to its website, Fairshake “supports candidates only through independent activities” and is registered with the…
Circle, a global financial technology company, announced the launch of EURC on the Solana network. As a leading regulated dollar stablecoin issuer, Circle’s expansion of EURC to Solana, now the fourth blockchain to support it natively, is poised to enhance its utility in peer-to-peer transfers and European remittance corridors. EURC, a fiat-backed stablecoin, operates on a fully-held model, guaranteeing a 1:1 redeemable value against the euro. This launch allows developers and users to join EURC and USDC on Solana (SOL), providing global remittance and financial transaction options. 1/ The holiday season is just around the corner and I have a…
As the backbone of DeFi projects, smart contract It plays a pivotal role in ensuring the smooth execution of decentralized transactions and contracts. However, the complexity of these contracts and the immutable nature of blockchain technology make them vulnerable to bugs and vulnerabilities. This place Smart contract audit https://www.ulam.io/audits works. This is a rigorous process that thoroughly examines contract code to detect potential security flaws, bugs, or violations of programming best practices.Smart contract auditing allows DeFi projects to ensure the security, reliability, and efficiency of their operations. Auditing not only identifies potential vulnerabilities; It also provides recommendations for improving your…
publicly traded Bitcoin (BTC) mining company Cipher Mining (CIFR) is expanding its operations by purchasing a large number of cryptocurrency mining rigs.Cipher will purchase 37,396 Antminer T21 miners from Chinese cryptocurrency mining giant Bitmain under a new agreement, the company announced on December 18. The new mining rig to be purchased is expected to deliver 7.1 exahashes per second (EH/s). According to the announcement, it could have its own mining capacity by the first half of 2025.According to Cipher CEO Tyler Page, the acquisition will allow Cipher to build its first 135 MW at its newly acquired Black Pearl site.…
Astar, Stacks, and Helium are reported to be the top cryptocurrency gainers today, according to CoinMarketCap. Currently, the Astar price chart shows an increase of 34.16% at $0.1072. This news had a significant impact on the cryptocurrency community as Upbit, Korea’s largest cryptocurrency trading platform, simultaneously introduced the ASTR won trading pair. Today’s top cryptocurrency winners and losers | CoinMarketCap Stacks took second place on the charts, up 12.63% in the last 24 hours, in response to the Stacks blockchain, Bitcoin’s layer for smart contracts. There has been a noticeable surge in trading volume in recent hours, making Bitcoin It…
The tokens of Helium, a decentralized mobile network, have been booming in the past days, with protocol token MOBILE leading the way.MOBILE, a governance token mined by 5G-CBRS and Wi-Fi hotspots, is up more than 60% on the day and a whopping 821% over the week and is currently trading at $0.00632984, per CoinGecko data. Helium’s native cryptocurrency, HNT, is up 2.4% to trade at $7.39, while the IOT token that underpins Helium’s Internet of Things subnetwork is up 11% over the past 24 hours.The surge in Helium Network tokens follows Helium Mobile’s launch earlier this month of a $20-per-month…