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The Protocol
Every Wednesday
Exploring the tech behind crypto one block at a time.
Urbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth
The peer-to-peer network started in 2002 says it's taking on "MEGACORP," much in the same vein as many blockchain networks. A bit more fun are the "secret code names" that users are assigned.
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
Bitcoin already has one of the most diverse layer 2 ecosystems of any network, but coming technology upgrades could lead to an acceleration in the blockchain's development, according to Blockstream's Lisa Neigut.
How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape
Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back
Following last week's milestone Shanghai upgrade, we moved to wind down CoinDesk's Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he's taken.
Ethereum's Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation
Developers and crypto market analysts are getting in their final words before staked ETH withdrawals are activated.
CoinDesk’s Ethereum Validator Enters Final Weeks, Sitting on More Than $30K of Gains
To better chronicle the Ethereum blockchain's transition to a proof-of-stake network, CoinDesk started its own validator. We plunked down the 32 ETH (roughly $15K at the time) and laid the technical groundwork. With staking withdrawals due to start April 12, we take stock of the project.
Arbitrum Shows Just How Messy (and Tricky) Crypto Airdrops Can Be
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
Latest Ethereum Blocks Suggest Validators Are Reversing Censorship
Noncensoring relays such as Agnostic and ultra sound are delivering more data blocks on Ethereum than Flashbots, the one-time king of MEV-delivering relays.
MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg
Profits made from MEV were more than twice as high as the last peak during the FTX implosion.
Gitcoin’s Owocki Says Crypto Can Regenerate the World. Just Don’t Call Him Starry-Eyed
A programmer by training, Kevin Owocki's view of securities law is not based in any formal legal training but crypto optimism, evolutionary science, economics and legal theory, with a focus on the principal-agent problem.
