12 September 2024 Ethereum Open Community Projects L2 Standards Working Group Vitalik Buterin outlined three essential transitions for Ethereum: scaling via L2 rollups to minimize expenses, improving wallet security through smart contract wallets for enhanced safety and user experience, and progressing privacy with privacy-conserving mechanisms. This article examines how the integration of W3C Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) can tackle some of these issues by refining the handling of identities, keys, and addresses, utilizing existing decentralized identity systems to facilitate Ethereum’s transitions effectively towards a more L2-oriented landscape. As pointed out by Vitalik Buterin in a series of…
Autore: wsjcrypto
By Kyle Aristophere T. Atienza, Reporter FILIPINO DOMESTIC worker Mary Jane F. Veloso will ultimately return to the Philippines after ten years of imprisonment in Indonesia, authorities stated, a development largely applauded in a nation recognized for sending its labor force abroad. However, Ms. Veloso will continue to be held in custody upon her arrival in the Philippines until both Southeast Asian countries come to a mutual understanding regarding clemency, according to Foreign Undersecretary for Migration Eduardo de Vega during a Palace briefing on Wednesday. Philippine President Ferdinand R. Marcos, Jr. disclosed earlier in the day that Manila and Jakarta…
On-chain statistics indicate that Bitcoin whales have persisted in acquiring more even at the recent peaks, a signal that could be promising for the rally. Bitcoin Major Holders Netflow Has Recently Experienced Positive Surges As per information from the market analytics platform IntoTheBlock, the quantity of BTC whales has seen a rise recently. The on-chain metric of interest in this scenario is the “Large Holders Netflow,” which monitors the overall volume of Bitcoin moving into or out of the wallets linked with Major Holders. IntoTheBlock categorizes “Large Holders” as those investors holding at least 0.1% of the cryptocurrency’s total supply.…
Sys Labs, the creator of the Syscoin blockchain, which seeks to merge Ethereum-like programmability with Bitcoin’s security, has introduced a “layer 2” network named Rollux to facilitate more affordable and rapid transactions. Similar to the primary Syscoin blockchain, the Rollux network is compatible with the Ethereum Virtual Machine or EVM, the system that executes smart contracts on Ethereum. The initiative obtains its security through Bitcoin miners via a method called merged mining, which was initially introduced by Bitcoin creator Satoshi Nakamoto in 2010. Just as layer 2 networks or “rollups” built atop the Ethereum blockchain enable accelerated transactions, the Rollux…
The swift expansion of Cyberport encompasses more than 270 Web3 businesses and projects aimed at practical blockchain applications in Hong Kong. Source link
Ethereum has witnessed a striking rise in its value lately, trading above the mental $3,000 threshold, which has rekindled enthusiasm in the cryptocurrency market. Per on-chain evaluation, retail investors seem to be implementing a “hold” tactic, resisting the temptation to sell in light of the escalation in ETH’s price. Market experts perceive this holding trend as important, especially in light of the overall market sentiment shaped by the so-called “Trump Trade,” which has assisted in alleviating risks and enhancing market circumstances. Restricted Ethereum Deposits To Exchanges According to the onatt, the CryptoQuant analyst responsible for this analysis, this pattern of…
The 2nd edition of the ethereum.org Translatathon is completed! This year, we witnessed 327 contributors translate a remarkable 2.53 million words into 70 languages. Let’s delve into the specifics: What is the Translatathon? The Translatathon is our annual translation competition aimed at expanding the volume of non-English Ethereum content. Anyone who is bilingual can participate, with no technical expertise necessary. Throughout the Translatathon, participants can enhance their knowledge about Ethereum while contributing to ethereum.org and vying for rewards. 2 weeks of applications9 days of translations2 weeks of quality evaluations The aim was to secure more translations in less-represented languages, broaden…
By Revin Mikhael D. Ochave, Reporter PROFESSIONAL SERVICES firm Deloitte expresses cautious optimism regarding the initial public offerings (IPOs) at the Philippine Stock Exchange (PSE) for 2025, potentially led by the gaming and energy sectors. “The key term is cautious optimism,” stated Darren Ng, Deloitte Singapore Transactions Accounting Support Partner, during a virtual briefing on Tuesday. “From this viewpoint, if you examine what’s lined up for the Philippines, there should indeed be an increase in IPOs occurring in 2025 across various industries.” There may be IPOs from entities within the gaming, energy, and resources sectors in 2025. “Two gaming firms,…
You might have come across the term “Rig” during discussions about cryptocurrencies with friends. Have you ever considered what constitutes a mining rig? Let’s dive in -How to Construct a Crypto Mining Rig in 2023To define it, a mining rig refers to a setup of hardware elements, like CPU, GPU, FPGA, or ASIC, designed specifically for cryptocurrency mining. Doesn’t it seem straightforward? Yes, it’s quite a simple concept, yet turning it into reality isn’t easy. Why? Because combining these components optimally is crucial for your investment to yield returns over time, merely gathering them isn’t enough.In simpler terms, Cryptomining involves…
Martin Gruenberg is poised to depart as FDIC Chair, with Congressman Tom Emmer condemning him as “the mastermind behind Operation Chokepoint 2.0.” Source link