Layer 1
The programmable blockchain behind smart contracts and DeFi.
A proof-of-stake blockchain whose EVM runs smart contracts written in Solidity or Vyper. Home to most DeFi, NFTs and token standards (ERC-20, ERC-721), and the settlement layer for a growing ecosystem of rollups.
EthereumBeginnerCrypto analysts are buzzing after Santiment, a blockchain intelligence platform, revealed that gas fees on the Ethereum network have plunged to a six-month low. This could signal an incoming altcoin rally, according to Santiment. On April 27th, the average fee for an Ethereum transaction fell as…
#crypto
EthereumBeginnerBig Four accounting firm Ernst & Young (EY) is making waves in the blockchain industry by leveraging the power of zero-knowledge proofs (ZK-proofs) on the Ethereum network to automate complex contracts. This innovative solution, dubbed EY OpsChain Contract Manager (OCM), aims to streamline and…
#crypto#smart-contracts
EthereumBeginnerA group notorious for perpetrating blockchain scams has shifted roughly $1 million to the Blast platform, according to on-chain detective ZachXBT. This movement of allegedly laundered funds is believed to be intended for financing new fraudulent activities. The group has a history of targeting…
#crypto#decentralization#fraud
EthereumBeginnerEthena Labs, the developer behind the synthetic dollar protocol Ethena USDe, announced a major integration with several leading cryptocurrency exchanges on April 10th. This integration allows users to directly earn yields on their USDe holdings through the wallets offered by Binance, Bybit, OKX,…
#binance#crypto#defi
EthereumBeginnerEigenLayer, a much-anticipated Ethereum restaking protocol, has seen a partial launch on the Ethereum mainnet. This launch comes despite boasting over $13 billion in user deposits, raising eyebrows as some key features are still missing. The announcement, made on April 9th through an EigenLayer…
#crypto#eigenlayer
EthereumBeginnerWormhole (W), Ethena (ENA), and Waves (WAVES). According to data from Santiment, a crypto analytics platform, these tokens are currently the most trending crypto assets. The surge in interest likely stems from two key factors: recent airdrops and developments surrounding each project. Wormhole, an…
#crypto#defi#tokens
EthereumBeginnerEthereum co-founder Vitalik Buterin is setting a new benchmark for rollups, a key scaling solution for the Ethereum network. In a recent blog post, Buterin proposes that rollup developers prioritize achieving “stage 1 decentralization” by the end of 2. This push for decentralization signifies a…
#crypto#decentralization#layer-2
EthereumBeginnerEthereum co-founder Vitalik Buterin is proposing a new approach to address a critical issue with Ethereum staking: centralization. The current system concentrates staking power among a small number of participants, jeopardizing the overall decentralization of the Ethereum network. Buterin’s…
#crypto#vitalik-buterin
EthereumBeginnerAlthough there is less need on Geth, Lachlan Feeney, the creator and CEO of Ethereum infrastructure company Labrys. Notes that “we can’t declare victory yet.”After Coinbase recently decided to migrate over half of its validators to Nethermind. The market share of Geth, a significant Ethereum…
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EthereumBeginnerGrayscale, the world’s largest digital currency asset manager, is expressing confidence in the approval of spot Ether ETFs (Exchange-Traded Funds) in May this year. This comes despite recent concerns surrounding the U.S. Securities and Exchange Commission’s (SEC) apparent lack of communication…
#crypto#etfs#sec
EthereumBeginnerEthereum developers are claiming that increasing the gas limit to 40 million will reduce layer-1 transaction fees on Ethereum by 15-33%. In an effort to boost Ethereum’s growth, Ethereum developers launched a new project. That proposes increasing the long-static gas limit on the blockchain…
#smart-contracts
