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Ethereum
Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
The Black Swan Event That Could Cause a Fork in Ethereum (Again)
A major potential risk to Ethereum was highlighted by a bug that surfaced in Nethermind, a minority execution client. While the bug was fixed quickly, it raised the question of what would happen to the blockchain if Geth, which is used by more than two-thirds of validators, had a bug. Ethereum developer Lefteris Karapetsas joined Unchained to discuss the different scenarios of what could happen and why he feels the incentive system is poorly designed.
Spot Ether ETF Applications Decisions Delayed by SEC
Grayscale and BlackRock are among the companies trying to bring spot ether ETFs to market.
Ethereum Developers Set Timeline for Final ‘Dencun’ Testnet Upgrades
Developers will run through Dencun on the Sepolia and Holesky testnets on Jan. 30 and Feb. 7, putting the upgrade on track to reach the main network in late February or early March.
Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.
Protocol Village: Syscoin Developer Expands Data-Availability Solution to Other Layer-2 Networks
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24.
The Protocol: Ethereum Developers Warn on 'Diversity Problem'
In this week's issue, a focus on Ethereum's "diversity problem," the week's biggest blockchain project upgrades and highlights from Electric Capital's annual report on developer activity. PLUS: We've got an exclusive interview with a top architect behind the XRP Ledger.
Ethereum Interoperability Hub Polymer Raises $23M Series A Funding From Marquee Investors
The funding round was co-led by Blockchain Capital, Maven 11 and Distributed Global and included contributions from Coinbase Ventures, Placeholder and Digital Currency Group
Bug That Took Down 8% of Ethereum's Validators Sparks Worries About Even Bigger Outage
The lion's share of Ethereum's validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk.