Ethereum
In the world of crypto, Ethereum is the source of innovation, where DeFi, NFTs, Layer 2, and numerous new technologies were created. One of its co-founders, Vitalik Buterin, is a key opinion leader in the crypto world. Ethereum launched a series of important upgrades to transition from proof-of-work (PoW) to proof-of-stake (PoS), which may help to break down the Blockchain Scalability Trilemma and makes Ethereum a “ultra-sound money”.
This article deeply analyzes the impact of the Dencun upgrade on the Ethereum L2 network, revealing the positive results of the upgraded L2 network in reducing transaction costs, increasing user activities and asset inflows, while pointing out the negative effects such as network congestion and high rollback rate caused by MEV activities.
7/31/2024, 10:25:52 AM
Lido is a protocol that provides staking services and allows users to stake cryptocurrencies to get rewards without a minimum threshold and lockups.
7/31/2024, 10:00:49 AM
Crust Network is a decentralized storage solution that uses two methods, MPoW and GPoS, to keep your data safe. The network employs sWorker nodes to check storage tasks and offers an IPFS W3Auth gateway and a Decentralized Storage Market (DSM). Important participants include validators, candidates, guarantors, and users, with the CRU token used for transactions and governance. Crust's storage is cheaper than Google Cloud and offers better data privacy, making it ideal for DApps, website hosting, and NFT storage.
7/31/2024, 9:48:26 AM
BlobScriptions, introduced by Ethereum, use blob technology to make data storage and transmission cheaper and more efficient. Like Bitcoin's inscriptions, BlobScriptions let users embed different types of data directly onto the Ethereum blockchain. When this blob feature was launched, it temporarily increased Ethereum gas fees. In this article, we will explain what BlobScriptions are and how they work in a straightforward way.
7/31/2024, 9:37:33 AM
OpenOcean is the world’s first cross-chain aggregator, enabling trading on both DeFi and CeFi exchanges.
7/29/2024, 1:59:24 PM
This article introduces ten layer 2 crypto projects to watch in 2024, explaining how these protocols solve the scalability issues of layer 1 blockchains such as Bitcoin and Ethereum.
7/29/2024, 1:36:05 PM
Movement aims to integrate the Move language into the EVM ecosystem to address long-standing security issues without relying on L2 solutions. MOVE reduces blockchain transaction storage space and computation costs through an optimization technique called "modular packing," which bundles multiple smart contracts into a single module to lower storage and indexing costs, and increases execution speed by reducing the steps needed to execute bytecode.
7/24/2024, 11:03:06 AM
Fuel is the fastest execution layer in modular blockchains, offering maximum security and the highest flexible throughput for decentralized applications. As an execution layer, it can be flexibly configured to work with other blockchain layers such as Ethereum and Celestia. This modular and multi-blockchain configuration enhances its flexibility and scalability.
7/24/2024, 10:50:44 AM
Although the Rollup L2 ecosystem faces challenges such as adjusting revenue models and attracting users, it has made significant progress in reducing Ethereum transaction costs and improving efficiency. By using the Sequencer as a cash flow entry point, fees are charged for Rollup transactions to cover the costs generated by L1 and L2, and to generate additional profits.
7/24/2024, 5:45:22 AM
One of the important properties of a good blockchain user experience is fast transaction confirmation times. However, there is value in improving user experience further, and there are some applications that outright require latencies on the order of hundreds of milliseconds or even less. This post will go over some of the practical options that Ethereum has.
7/23/2024, 6:47:58 AM
ETH holders have staked over $111 billion worth of ETH, accounting for 28% of the total supply. The amount of staked ETH is also referred to as Ethereum's "security budget" because stakers could face network penalties for double-spending attacks and other violations of protocol rules. In return for maintaining Ethereum's security, stakers earn rewards through protocol issuance, priority fees, and maximum extractable value. Users can easily stake ETH through liquid staking pools without sacrificing asset liquidity, leading to a higher demand for staking than Ethereum developers anticipated. This article will outline the staking situation on Ethereum, including the types of stakers, risks and rewards associated with staking, and predictions for staking rates. It will also provide insights into proposals by developers to adjust network issuance in response to high staking demand.
7/22/2024, 5:00:34 PM
This article primarily discusses scaling solutions in blockchain technology, particularly comparing Ethereum's zk Rollups and Solana's zk Compression. It explains the issues of transaction speed and cost faced by blockchain networks and introduces how these two technologies improve scalability in different ways. zk Rollups improve efficiency by moving computation and state off-chain, while zk Compression optimizes data storage directly on the Solana chain. Both methods use zero-knowledge proof technology to ensure data security and privacy while enhancing network performance.
7/22/2024, 4:03:56 PM
Ethereum Name Service is a system that allows people to translate their long and complex crypto wallet addresses into something that is easier to remember
7/17/2024, 11:27:48 AM
This article aims to take stock of projects and technological directions that Ethereum co-founder Vitalik Buterin has historically endorsed, exploring their development, and current status, and attempting to summarize the reasons behind his endorsements and how they have influenced and shaped the Ethereum ecosystem as we see it today.
7/17/2024, 11:12:44 AM
Lumoz provides a modular computation layer for ZK Rollup, utilizing a hybrid consensus mechanism of PoS and PoW. The ZK-PoW algorithm network significantly reduces ZKP computation costs while addressing the issue of centralized Provers. It also introduces zkVerifier to validate ZKPs generated by zkProver.
7/16/2024, 4:20:11 AM