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Ethereum
Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Protocol Village: Nym's VPN App Moves to Public Beta, GenLayer Raises $7.5M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21.
Private Transactions Surge on Ethereum
A growing number of Ethereum users are choosing to transact privately on the blockchain, relying on so-called dark pools to avoid trading bots set up to front-run transactions. According to new research compiled by Blocknative, private transactions now account for about half of the total on Ethereum in terms of the total gas usage. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities
The SEC-registered crypto platform is expanding its custody operation beyond Ethereum's ETH, and that means it would be holding UNI and ARB as securities.
Many DeFi Protocols 'Flagrantly Disregard' Regulations: Gavin Wood
Ethereum co-founder and Polkadot creator Gavin Wood shares insights on why superficial decentralization will not indefinitely suffice. Plus, how many DeFi protocols that ignore the rules will have regulators knocking on their door.
Gavin Wood on the Problem With Layer 1s
Ethereum co-founder and Polkadot creator Gavin Wood explains the lack of desire to build projects that are valuable in the long-term. Plus, why developers are seeing "huge amounts of money go behind L1s that...probably don't have much of a future."
Polkadot Creator on Permissionless Code Deployment
Ethereum co-founder and Polkadot creator Gavin Wood breaks down the development of JAM and its ability to deploy code beyond smart contract code. Plus, how JAM can provide an environment that can host financial, voting and governance applications.
Are Crypto Communities 'Sticky'?
Ethereum co-founder and Polkadot creator Gavin Wood takes a deep dive with Bullish CEO Tom Farley into the "stickiness" of crypto communities and why he thinks the flag carriers of the communities have limited value.
Bitcoin Is a Cryptocurrency and 'Not a Blockchain Technology': Gavin Wood
Ethereum co-founder and Polkadot creator Gavin Wood breaks down the nature of bitcoin.
Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. Some teams asked for it. At least one didn't.
Protocol Village: ARPA's Randcast Launches on Taiko, Coinbase Promotes 'cbBTC'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.