Peter Jang October 27, 2024 07:57 Flashbots’ Quintus Kilbourn presents new research on blockspace auction refunds, aimed at improving efficiency and participation in blockchain ecosystems. According to a16z crypto, Quintus Kilbourn, head of Flashbots, introduced groundbreaking research focused on implementing refunds within block space auctions. This new approach aims to transform blockspace auctions from a traditional primary price mechanism to a mechanism similar to the Vickrey-Clarke-Groves (VCG) mechanism. The proposed system allows searchers to recoup a portion of their bids if the submitted bundle is deemed important to securing the builder’s auction. A revolution…
Author: Crypto Flexs
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The Bank of England warned that digital currency could be introduced if commercial banks falter, foreshadowing potential upheaval in the future of money. Digital payments showdown: As banks fall behind the Bank of England (BOE), BOE will launch CBDC Governor Andrew Bailey gives his outlook on the evolution of digital payments (…)
Bitcoin (BTC) is down just over 2% this week, but it’s a positive sign that buyers haven’t allowed the price to stay below $65,000. This started a recovery, pushing Bitcoin above $67,500 on October 27. Kraken analysts believe that Bitcoin’s “trend should remain constructive” as long as Bitcoin remains above $66,500.However, not everyone is optimistic about Bitcoin’s prospects in the near term. Crypto analyst Luca said in a post that Bitcoin could witness “another flush to 60,000” before a local bottom is confirmed.Daily view of cryptocurrency market data. source: Coin360Several analysts are predicting a rebound in altcoin season after Bitcoin’s…
Wang Long Chai October 28, 2024 02:05 Blender Cycles is integrated into Render Network’s private beta, bringing distributed GPU rendering to millions of artists. This is an important step in expanding Render’s multi-rendering capabilities. Blender Cycles, the popular GPU ray tracing render engine, has officially entered closed beta on Render Network, according to Render Network. The goal of this integration is to enhance the capabilities of the leading open source 3D ecosystem by providing millions of artists with access to distributed GPU cloud rendering power. Extended multi-rendering capabilities The integration of Blender Cycles is…
Cryptocurrency markets have been on a downtrend this week with major tokens falling. Despite the economic downturn, some altcoins have shown resilience by bouncing back. This week’s moves reflected cautious sentiment amid volatility. Cryptocurrency markets experienced a week of mixed movements, with some tokens soaring and others faltering, marked by volatility. The split in performance highlights the current cautious sentiment with investors selectively favoring certain assets over others. While altcoins made notable gains, other assets declined, reflecting the complex dynamics of the market. Despite the mixed results, this week highlighted the continued resilience among certain altcoins, suggesting selective trust in…
Yorg Healer October 28, 2024 01:33 NVIDIA SHARP introduces a groundbreaking in-network computing solution to optimize data communication across distributed computing systems to improve the performance of AI and scientific applications. As AI and scientific computing continue to advance, the need for efficient distributed computing systems becomes critical. Handling computations too large for a single machine, these systems rely heavily on efficient communication between thousands of computing engines, such as CPUs and GPUs. According to the NVIDIA Technology Blog, NVIDIA Scalable Hierarchical Aggregation and Reduction Protocol (SHARP) is a groundbreaking technology that addresses these…
As a recently established investment vehicle, understanding the tax implications associated with digital assets is essential for both retail investors and active traders in Canada. The Canada Revenue Agency (CRA) treats cryptocurrencies similarly to other investment assets, so it is important for Canadian taxpayers to understand how their cryptocurrency activity affects their tax obligations.application Cryptocurrency Taxes in Canada It includes various tax treatments that apply to activities such as trading, mining, and using cryptocurrency to purchase goods or services. CRA does not view cryptocurrencies as fiat currency, but treats them as commodities. In other words, all transactions or profits related…
james ding October 27, 2024 08:57 Max Resnick of a16z crypto discusses Solana’s use of stake-weighted quality of service to manage network congestion and proposes an auction-based approach to mitigate the drawbacks. Solana’s Approach to Network CongestionAs blockchain networks continue to expand, network congestion management has become a critical issue. In Solana, a high-performance blockchain, there have been several instances where the transaction volume at the network layer exceeded the processing capacity of the nodes. This is often attributed to malicious attacks, according to a video presentation by Max Resnick of a16z crypto.Stake-weighted service…
Vault12 is a pioneer in cryptocurrency inheritance. managementAnd it gives: Easy to use and safe This is how to assign existing contacts to a cryptocurrency wallet. Vault 12 Guard You can pass on your wallet seed phrases and private keys for all cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), to future generations. Designed for everyday people.Still strong enough for Crypto OG.This innovative, decentralized The system uses a hybrid approach of software fused with secure elements of the phone device ( secure enclave For iOS devices safe For Google devices). Vault12 Guard allows users to protect one or more people or…
Bitcoin (BTC) is down just over 2% this week, but it’s a positive sign that buyers haven’t allowed the price to stay below $65,000. This started a recovery, pushing Bitcoin above $67,500 on October 27. Kraken analysts believe that Bitcoin’s “trend should remain constructive” as long as Bitcoin remains above $66,500.However, not everyone is optimistic about Bitcoin’s prospects in the near term. Crypto analyst Luca said in a post that Bitcoin could witness “another flush to 60,000” before a local bottom is confirmed.Daily view of cryptocurrency market data. source: Coin360Several analysts are predicting a rebound in altcoin season after Bitcoin’s…