Technical Updates | ForkLog

ForkLog 14 07.10.2024

Nethermind Developer Proposes Ethereum Performance Boost

Benjamin Adams, a developer at Nethermind, has proposed EIP-7781, which suggests reducing Ethereum’s slot time from 12 to eight seconds. This change aims to accelerate block creation and enhance the network’s overall efficiency. The developer estimates that the blockchain’s throughput could increase by 33% without raising the number of BLOB objects. Ethereum Foundation researcher Justin […]

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ForkLog 14 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 47 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 17 24.09.2024

EigenLayer to Lift Token Transfer Restrictions on September 30

The developers of the EigenLayer protocol intend to lift restrictions on the transfer of EIGEN tokens starting September 30. Token holders will be able to trade and transfer their tokens, including airdrop rewards. The next major step in the evolution of EIGEN is coming soon! Transfer restrictions on the EIGEN token are expected to be […]

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ForkLog 17 19.09.2024

Worldcoin Tests Facial Recognition Technology

Worldcoin has announced the commencement of testing facial recognition technology for the World App in select locations. Introducing Face Auth, even more security for your World ID ? pic.twitter.com/3OJ4s7lABp — Worldcoin (@worldcoin) September 19, 2024 The new service ensures that access to the World App is granted only to those who have verified their World […]

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ForkLog 27 17.09.2024

Ledger and Exodus to Launch Cryptocurrency Swap Aggregator

Hardware wallet manufacturer Ledger and digital asset storage technology provider Exodus have agreed to create a swap aggregator named XO Swap, according to The Block. The feature will be integrated into the Ledger Live application. It will facilitate connections to third-party exchanges via API, allowing the exchange of “thousands of cryptocurrency pairs” within hardware wallets. […]

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ForkLog 15 02.09.2024

Vitalik Buterin Proposes Enhancements for EVM Efficiency

Specialisation and parallelisation of computations enhance efficiency and security, according to Ethereum co-founder Vitalik Buterin in a recent essay. Glue and coprocessor architectures:https://t.co/7CwdzKR0ix — vitalik.eth (@VitalikButerin) September 2, 2024 The cryptographer believes this opens up possibilities for increased decentralisation and simplified code auditing. Buterin suggests that any resource-intensive computations can be divided into two parts: […]

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ForkLog 11 29.08.2024

Stacks Developers Initiate Nakamoto Upgrade to Decouple from Bitcoin

The team behind the Bitcoin Layer 2 solution known as Stacks has announced the initiation of the Nakamoto upgrade process, which “decouples” the block production schedule from the first cryptocurrency’s network. Nakamoto Activation Window Begins ? Today marks the beginning of a sequence to safely bring the Nakamoto upgrade and its fast blocks and Bitcoin […]

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ForkLog 26 29.08.2024

Mezo Developers Launch Liquid Staking Bitcoin Token

Developers have launched a liquid staking token for digital gold called stBTC on the Mezo Bitcoin L2 network. As with other similar cases, the asset allows users to earn income while maintaining exposure to the price fluctuations of the leading cryptocurrency. To issue stBTC, one must lock WBTC or tBTC and pay a fee. Holders […]

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ForkLog 10 23.08.2024

Dencun Update Spurs Rise in Failed Transactions on Ethereum’s L2 Networks

The Dencun update activated in March on Ethereum has led to increased bot activity and a rise in failed transactions on second-layer networks, as noted by Galaxy Digital. Full report: https://t.co/rNOuRGRHt0 — Christine Kim (@christine_dkim) August 22, 2024 Commenting on the “150 Days Post-Dencun” report by Zach Pokorny, Christine Kim, head of research at the […]

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ForkLog 12 20.08.2024

Starknet Community to Vote on Staking Launch

Holders of Starknet (STRK) have been invited to approve the integration of token issuance mechanisms and parameter adjustments—essential components for staking. The first-ever vote on Mainnet for STRK Holders ?️ The first voting proposal is here, bringing STRK staking to the Starknet ecosystem! STRK holders will have the opportunity to voice their opinions on the […]

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ForkLog 22 19.08.2024

Optimism Foundation Disables Fraud Protection Due to Vulnerabilities

The Optimism Foundation has restored the L2 network to a permissioned state following the discovery of vulnerabilities in the decentralized fault proof mechanism by auditors. Today, @OPLabsPBC posted an upgrade proposal detailing findings from a recent series of community-driven audits on the Fault Proof System, including the plan to fix the bugs identified as part […]

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