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Introducing Bitchat: Jack Dorsey's Vision for Decentralized, Offline Messaging
Jack Dorsey, the founder of Twitter and Block, has released a whitepaper outlining Bitchat, a novel messaging protocol that facilitates secure, encrypted communication without relying on internet connectivity. The protocol leverages Bluetooth Low Energy to create a mesh network, enabling devices to relay messages to each other in a hop-by-hop manner. This approach ensures the resilience of the ne…
July 8, 2025, 3:10 p.m.
Tech
Volkswagen Subsidiary Partners with Hivemapper for Autonomous Vehicle Mapping
Volkswagen's autonomous vehicle testing arm has partnered with Hivemapper's Bee Maps to leverage real-time mapping data for its self-driving operations. The street-level images captured by Bee Maps contributors, using Hivemapper cameras, will be utilized to refine the precision of Volkswagen's autonomous pick-up and drop-off services. This move highlights the growing importance of crowdsourced ge…
July 8, 2025, 3 p.m.
Tech
Ethereum's Gas Cap Proposal Aims to Enhance Network Efficiency
A recently introduced Ethereum proposal, co-authored by Vitalik Buterin and Toni Wahrstaetter, seeks to establish a strict limit on the maximum gas that can be consumed by a single transaction. This move is intended to bolster network stability and increase the chain's viability for specific applications. The proposal, known as EIP-7983, suggests capping individual transactions at 16,777,216 gas …
July 7, 2025, 10:39 a.m.
Tech
Decentralization Must Be More Than a Slogan, Says Ethereum Co-Founder Vitalik Buterin
Welcome to The Protocol, a weekly cryptocurrency tech development roundup by CoinDesk. This issue features insights from Ethereum co-founder Vitalik Buterin, who stresses that the crypto industry must mature and make decentralization more than just a catchphrase. Buterin proposes a set of tests for crypto projects, including the 'walk-away test' and the 'insider attack test', to ensure user guara…
July 2, 2025, 6:04 p.m.
Tech
Ethereum's Future at Stake If Decentralization Remains a Mere Slogan
Vitalik Buterin, co-founder of Ethereum, has urged the cryptocurrency industry to mature rapidly, stating that it has reached a critical juncture. Speaking to a packed audience at the Ethereum Community Conference in Cannes, France, Buterin delivered a stark reality check, arguing that decentralization must transition from a mere buzzword to a set of concrete guarantees for users, lest it becomes…
July 2, 2025, 3:56 p.m.
Tech
Botanix Mainnet Launch Revolutionizes Bitcoin with 5-Second Block Times
The highly anticipated mainnet launch of Botanix has transformed the Bitcoin ecosystem, reducing block times to a mere 5 seconds from 10 minutes. This significant upgrade enables the network to support Ethereum-equivalent functionality, allowing for seamless integration of Ethereum-based applications and smart contracts. By leveraging the Ethereum Virtual Machine (EVM), Botanix Labs has bridged t…
July 1, 2025, 2 p.m.
Tech
Ripple Launches XRP Ledger EVM Sidechain, Expanding Ethereum Dapp Capabilities
Ripple has successfully launched the XRP Ledger's Ethereum Virtual Machine (EVM) sidechain on the mainnet, fostering greater ecosystem interoperability and allowing developers to seamlessly deploy their Ethereum-based decentralized applications (dapps) on the XRPL. This development integrates EVM-compatible smart contracts while maintaining a connection to the XRPL, providing developers with lo…
June 30, 2025, 3:52 p.m.
Tech
Ripple Expands Multichain Capabilities with Wormhole Integration on XRP Ledger
In a significant push towards multichain interoperability, Ripple has integrated Wormhole, a prominent cross-chain messaging protocol, with the XRP Ledger and its Ethereum-compatible sidechain. This development, announced on Thursday, is designed to cater to institutional demands for seamless crypto asset transfers, including stablecoins and tokenized assets, across various blockchain networks wi…
June 26, 2025, 4:09 p.m.
Tech
Rain and Toku Introduce Global Stablecoin Payroll Solution for Employees
Rain, a leading stablecoin-focused payments platform, has partnered with Toku, a renowned compliance provider for digital asset compensation, to launch a groundbreaking real-time stablecoin payroll solution for global employers. This system enables companies to instantly fund and settle payroll in stablecoins, adhering to local labor and tax laws in over 100 countries. Initially, employers can pa…
June 26, 2025, noon
Tech
Zama Secures $57M in Funding, Achieves Unicorn Status as a Pioneer in Fully Homomorphic Encryption
Zama, a leading cryptography company specializing in fully homomorphic encryption for blockchain applications, has announced the successful completion of a $57 million series B funding round, co-led by prominent investors Blockchange Ventures and Pantera Capital. This significant investment brings Zama's total funding to over $150 million, with the company now valued at more than $1 billion, earn…
June 25, 2025, 4:18 p.m.