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


Tech

Polygon Stops Work on 'Edge,' Used to Build Dogechain, as Focus Turns to ZK

Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.

DOGE Meme shiba inu (Atsuko Sato)

Tech

Arbitrum Throws Hat In Ring for Celo's Migration to Layer-2 Blockchain

Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.

Arbitrum booth at ETHDenver (Danny Nelson/CoinDesk)

Markets

JPMorgan Is Cautious About Crypto Markets Into 2024

Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.

(David Mark/Pixabay)

Tech

Protocol Village: COTI Layer-1 Blockchain to Become Ethereum Layer-2 Network

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 7-Dec. 13, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Tech

Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain

Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.

Ethereum co-founder Vitalik Buterin (Bradley Keoun/modified by CoinDesk)

Tech

The Protocol: Crypto Spring Is Airdrop Season With Tokens From Starknet, LayerZero

In this week's issue of The Protocol newsletter, we're covering Worldcoin's latest update, airdrop season, the new Bitcoin wallet from Jack Dorsey's company and the "data availability" network Celestia's market-moving plan to plug into Polygon's blockchain development kit.

(Kamil Pietrzak/Unsplash)

Markets

Bitcoin, Ether, and Major Altcoins in Deep Red

Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.

Bitcoin (André François McKenzie/ Unsplash)

Tech

Protocol Village: EOS Network Ventures Invests in Spirit Blockchain Capital, Gets Board Seat

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Tech

The Protocol: Bitcoin Censorship, or Just 'Spam Filtering?'

In this week's issue of The Protocol newsletter, we're highlight blockchain developers named in CoinDesk's Most Influential list just out, including Blockstream's Lisa Neigut, Polygon's Jordi Baylina, Base's Jesse Pollak and Optimism's Karl Floersch.

(Leif Christoph Gottwald/Unsplash)

Tech

Ethereum's 'Censorship' Problem Is Getting Worse

Four of the five biggest "block builders" on Ethereum are excluding transactions sanctioned by the U.S. government, data shows.

Builder censorship on Ethereum has more than tripled over the past 12 months. (Toni Wahrstätter/censorship.pics)