In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout.
Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.
ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency.
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said.
Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to … Read more
The debut of the testing system – designed to be twice as big as the main network so developers can simulate massive scaling, comes a year after Ethereum completed its historic “Merge” shift to a “proof-of-stake” model from the original “proof-of-work” setup that Bitcoin uses.
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s more lenient image.
The Ethereum Foundation’s Dankrad Feist says he thinks a lot of people are stumped by the term “data availability,” even as the concept gains momentum in blockchain tech circles.
What is a blockchain “sequencer?” Here’s why you need to know