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Ethereum Layer-2 Developers Endorse Proposal to Enhance Blockchain
The recent proposal to overhaul Ethereum's $400 billion blockchain has been welcomed by the teams behind leading layer-2 networks, zkSync and Polygon, who believe it will enhance their auxiliary networks rather than making them redundant. The proposal, known as the Beam Chain, aims to incorporate zero-knowledge cryptography into Ethereum's protocol, which is expected to improve transaction speed …
Nov. 21, 2024, 7:44 p.m.
Tech
The Protocol: Exploring ENS on Bitcoin and the Rise of Worldcoin Alternatives
Welcome to The Protocol, your weekly update on the most significant stories in cryptocurrency tech development. As CoinDesk's deputy editor-in-chief for features, opinion, and standards, I'm Marc Hochstein. This article is part of our weekly newsletter that delves into the tech behind crypto. To receive it in your inbox every Wednesday, sign up here. You can also tune in to our weekly The Protoco…
Nov. 20, 2024, 6:26 p.m.
Tech
Mark Zuckerberg's Governance Model Could Be a Lesson for DAOs Like Compound
Unlike Meta, where Mark Zuckerberg maintains significant voting control due to its dual-class share structure, decentralized autonomous organizations (DAOs) often operate on a one-token, one-vote basis. This vulnerability was recently exposed when a large token holder, known as Humpy, and his affiliate group, the GoldenBoys, allocated $24 million worth of COMP tokens to a yield-bearing protocol c…
Nov. 20, 2024, 7:33 a.m.
Tech
Morpheus Decentralized AI Initiative Launches on Mainnet
The Morpheus project, a blockchain-based endeavor to decentralize artificial intelligence, has officially gone live, as announced by its development team on Monday via X, formerly known as Twitter. Similar to other decentralized AI platforms, Morpheus strives to counteract the negative aspects of AI, such as centralized governance, censorship, and the monopolization of data. The launch marks a si…
Nov. 18, 2024, 10:41 p.m.
Tech
Web3 Health Tech Startup Pulse Closes $1.8M Pre-Seed Round, Led by Collab+Currency and Lemniscap
Pulse, a Web3 health tech startup, has closed its $1.8 million pre-seed round. The round was co-led by Collab+Currency and Lemniscap. Pulse's digital twin technology aggregates data from wearables, electronic health records, and diagnostics into a comprehensive health profile. Using privacy-first technology, Pulse empowers users to securely share this data with trusted partners, such as researche…
Nov. 13, 2024, 9:50 p.m.
Tech
Revolutionizing Blockchain: The Future of Ethereum and Bitcoin
As we bid farewell to The Protocol, we reflect on its journey since its inception on April 26, 2023, covering the vast expanse of blockchain technology. Initially focused on Ethereum, the newsletter expanded to encompass Bitcoin, Solana, Cosmos, and other emerging technologies. Our author, Bradley Keoun, shares his personal journey, from geeking out over blockchain tech to becoming increasingly s…
Nov. 13, 2024, 7:31 p.m.
Tech
Blockchain Analysis Platform 'Bubblemaps' Integrates AI to Uncover Insider-Controlled Tokens
A revamped version of the blockchain analytics platform Bubblemaps has been launched, featuring AI-powered tools to help users identify whales and potential manipulation in the cryptocurrency market. The platform, which was initially introduced in 2021, provides a simplified way for users to understand the distribution of digital assets. The latest update seeks to enhance transparency in the cryp…
Nov. 13, 2024, 6:30 p.m.
Tech
Consensys to Introduce LINEA Token, Ushering in New Era for Ethereum Developers
Consensys, a prominent Ethereum development firm, is set to launch its highly anticipated LINEA token, marking a significant milestone in the company's efforts to decentralize its Linea network. Founded by Ethereum co-founder Joe Lubin, Consensys is the driving force behind MetaMask, the most widely used Ethereum wallet. The Linea network, launched last year, aims to compete with other layer-2 ne…
Nov. 13, 2024, 8:45 a.m.
Tech
Ethereum Innovator Unveils 'Time Machine' for Conditional Transactions Based on Future Events
The Ethereum blockchain, renowned for its programmability and extensive layer-2 network ecosystem, is introducing a new dimension - time. A pioneering project, Smart Transactions, launched by Vlad Zamfir, a key figure in Ethereum's proof-of-stake system, has released a platform allowing applications to execute transactions based on future events. This 'Ethereum time machine' expands the blockchai…
Nov. 13, 2024, 5:01 a.m.
Tech
Balancing Progress and Stability in Bitcoin Development
A recent gathering of bitcoin enthusiasts and developers at Fidelity Investments' headquarters focused on the technical advancements and challenges facing the cryptocurrency. The OP_Next conference brought together over 100 attendees to discuss ways to improve bitcoin's functionality, usability, and security, with a key emphasis on avoiding disruptions to the network. According to Will Foxley, th…
Nov. 12, 2024, 10:36 p.m.