Ethereum | ForkLog

ForkLog 13 27.09.2024

Vitalik Buterin Advocates for Increased BLOB Count in Ethereum Blocks

The number of BLOBs in Ethereum blocks should be increased to enhance Layer 2 throughput, according to Vitalik Buterin, co-founder of the network. In March, the Dencun hard fork activated EIP-4844, implementing the Proto-Danksharding option to create a new type of transaction for BLOBs. This space is intended for temporarily storing large volumes of data, […]

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ForkLog 8 26.09.2024

XProtocol Unveils Ethereum Smartphone

The entertainment-focused blockchain project XProtocol has announced the “world’s first DePIN smartphone with a node for management.” This was reported by CoinDesk. Introducing XForge ? The World’s First Node-Operated DePIN Smartphone. ? 10% of Token Supply for XForge Owners? 1 Xardian Node Included (First 10K Devices)? 20% Bonus on Node Rewards? Exclusive Airdrops from Top-Tier […]

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ForkLog 5 26.09.2024

CoinShares Deems Ethereum Investment Returns ‘Uncertain’

The price growth of Ethereum largely hinges on organic transactional demand for the asset, according to CoinShares experts. Currently, on-chain activity is primarily focused on speculative use cases. Analysts criticized EIP-4844, which they believe has created imbalances between the first layer and L2. Professional financial market players are beginning to show interest in Ethereum due […]

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ForkLog 42 25.09.2024

Charles Hoskinson Criticizes Ethereum’s Governance Model

The governance model of Ethereum is overly reliant on its co-founder, Vitalik Buterin, according to Cardano founder Charles Hoskinson, as reported by Cointelegraph. The developer suggests that a blockchain can either choose to maintain a simple protocol like Bitcoin or “appoint a king” to lead. Cardano addresses the “governance trilemma”—”efficiency, effectiveness, and integrity”—through delegated representatives […]

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ForkLog 16 24.09.2024

Ethereum Surpasses Bitcoin in Growth Following Fed Rate Cut

The second-largest cryptocurrency by market capitalization has outpaced Bitcoin in price growth following the recent 50 basis point rate cut by the Fed.

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ForkLog 7 24.09.2024

Analysts Note Shift Towards Ethereum Calls Amid Chinese Central Bank Stimulus

The ETH/BTC exchange rate has risen from Friday’s 0.038 to the current 0.0415, with market interest shifting from puts to calls, according to QCP Capital. Experts highlighted that the implied volatility in contracts for the second-largest cryptocurrency by market capitalization exceeds that of Bitcoin by 9%. In their view, this indicates improved sentiment and potentially […]

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ForkLog 13 23.09.2024

Researchers Develop Method to Trace Ethereum Validators’ IP Addresses

Ethereum researchers have developed a method to deanonymise network validators, potentially revealing the IP addresses of over 15% of node operators. To gather information, the researchers analyse messages exchanged by validators, as detailed in their paper, “Privacy Problems in the P2P Network, and What They Tell Us.” Deanonymisation can be performed by nodes acting as […]

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ForkLog 4 23.09.2024

Ethereum Transaction Fees Surge Nearly Fivefold

The average transaction fee on the Ethereum network has risen to $3.98, nearly five times the value at the beginning of September when it fell to $0.85. The recovery in transaction costs on the blockchain of the second-largest cryptocurrency by market capitalization has led to an increase in the rate of burning. On September 1, […]

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ForkLog 8 22.09.2024

Ethereum Whale Nets $131 Million in Two Years

In 2022, an anonymous investor put approximately $151.42 million into Ethereum, turning it into $283.15 million. This caught the attention of analysts at Lookonchain. This is a smart diamond hand, buying $ETH in the bear market and selling $ETH in the bull market, making $131.72M! This whale bought 96,639 $ETH($151.42M) from #Coinbase at $1,567 on […]

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ForkLog 65 20.09.2024

Conditions for Boosting Ethereum’s On-Chain Activity Identified by Expert

Ethereum network activity could see a significant uptick if the current cryptocurrency rally evolves into a sustained bull market, according to The Block‘s Jasper de Maer from Outlier Ventures. The analyst highlighted that speculation and increased engagement with dapps will primarily drive this growth. “Airdrops will support activity in the latter, as many companies will […]

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ForkLog 12 20.09.2024

Is there life after an airdrop? How L2s wither

Layer-2 (L2) solutions are a crucial pillar of Ethereum’s roadmap, and airdrops have stoked interest in them. But how sound is this strategy, and does it really lure new active participants into the segment? Oleg CashCoin studied the statistics of four leading L2 projects and found the opposite. How it began Thanks to the personal […]

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ForkLog 45 19.09.2024

K33 Research Identifies Sui as Solana’s Fiercest Rival

Sui’s technical capabilities and the upcoming release of a gaming console could position the network as a competitor to Solana, according to a report by K33 Research. Analysts currently view Solana as the best alternative to Ethereum in the “L1 wars,” but suggest that Sui might challenge this perception over time. “Since August, SOL/ETH has […]

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