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Ethereum devs discuss gas optimizations, but it will probably be too little too late

Developers see the problem, but there is little they can do right now. An Ethereum All Core Devs call was held on Friday to discuss a variety of Ethereum Improvement Proposals as gas fees on the network remain historically high. The agenda included several discussion points on high gas prices and ways to mitigate the issue. Alexey Akhunov, […]

Cardano Gains Momentum as Ethereum 2.0 Release Continues to Stall

Ethereum co-founder, Vitalik Buterin, recently appeared on the Hashing It Out podcast to discuss the latest developments with Ethereum. Hosts Corey Petty and Dean Eigenmann quizzed Buterin on his regrets over Ethereum’s initial launch, and how ETH2.0 will gear towards addressing those concerns. With that, Buterin acknowledged that, when designing Ethereum, many mistakes were made. With the benefit of hindsight, he admits that […]

BCH Script Meeting Aims to Enhance the Programming Language in Bitcoin Cash

Bitcoin Cash developers actively participate in video meetings in order to discuss the ongoing development of the BCH ecosystem. BCH software engineers met for the first time in 2020 last Thursday to examine the May upgrade and specification work. Following the meeting, on January 23, BCH developers will sit down again to address practicable optimizations […]

Verizon Just Won a Patent to Create Virtual SIMs on a Blockchain

Telecommunications conglomerate Verizon is eyeing the use of blockchain technology to underpin the dynamic creation of virtual SIM cards. The company was granted a patent with the U.S. Patent and Trademark Office for the concept on Sept. 10, in which it sets out how it the invention could do away with pre-inserted, branded physical SIM cards. The patent […]

An Ethereum 2.0 Proof-of-Stake Testnet Blockchain Is Now Live

An Ethereum (ETH) 2.0 Proof-of-Stake (PoS) testnet beacon blockchain is now live, the CoinTelegraph reported. Preston Van Loon, co-founder of sharding development firm Prysmatic Labs, announced the development in a Medium post on May 7. Ethereum 2.0 is an upcoming new Ethereum chain featuring improvements in security, scalability, and decentralization. Ethereum 2.0 would not be introduced to the current […]

MIT Professor Christian Catalini Is Working on Facebook Coin

Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3. Per the report, two anonymous sources with knowledge of the situation told Coindesk about Catalini’s collaboration with Facebook. Catalini — the Theodore T. Miller Career Development Professor at MIT — is reportedly one of the […]

Seven EU States Sign Declaration to Promote Blockchain Use

Seven southern European Union member states have released a declaration calling for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4. As the CoinTelegraph announced, the declaration was reportedly initiated by Malta and signed by six other member states, France, Italy, Cyprus, Portugal, Spain and Greece, during a meeting of EU transport […]

VeChain Signs MoU for Blockchain Development with Cyprus

Singapore-based blockchain platform VeChain Foundation, U.S. blockchain startup CREAM, and the national investment partner of the Republic of Cyprus, Invest Cyprus, have signed a Memorandum of Understanding (MoU), per a press release published Oct. 26. The MoU is focused on establishing a framework in the field of blockchain technologies and related use cases. Per the MoU report, the parties will […]