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Technology

cryptocurrency June 27, 2024

Vitalik Buterin, co-founder of Ethereum, reflected on Rarimo’s “Freedom Tool.” It uses zero-knowledge proof technology for secure online voting. Advertisements The Freedom Tool enables Russian citizens to prove their citizenship and vote anonymously. Rarimo’s Freedom Tool Traditional voting faces challenges like logistical issues and security threats. Rarimo’s solution aims to overcome these obstacles using zero-knowledge […]

cryptocurrency May 30, 2024

Vitalik Buterin, the visionary co-founder of Ethereum (ETH), recently highlighted the deep connection between culture and the technological advancements within the Ethereum ecosystem. Advertisements He emphasized the significance of underlying cultural dynamics in shaping Ethereum’s growth. Known for its pioneering role in blockchain and smart contracts, Ethereum has evolved to foster a diverse community. Here, […]

cryptocurrency May 27, 2024

Layer-2 (L2) project Taiko has officially deployed its protocol on the Ethereum (ETH) mainnet, marking a significant milestone after two years of work. Advertisements The Taiko protocol uses Based Contestable Rollup (BCR) architecture. It promises to enhance Ethereum’s scalability and security while maintaining a decentralized structure. Vitalik Buterin Proposes First Block as Taiko Deploys on […]

cryptocurrency May 25, 2024

Ethereum core developers are gearing up for the highly anticipated “Pectra” upgrade, set to launch by the end of the first quarter of 2025. Advertisements This significant update will introduce the Ethereum Virtual Machine (EVM) Object Format (EOF), incorporating approximately 11 Ethereum Improvement Proposals (EIPs). EOF aims to enhance the EVM code through an opt-in […]

cryptocurrency May 10, 2024

In a recent interview with BeInCrypto, Alan Scott, a researcher at Railgun, elaborated on the recent endorsement by Ethereum co-founder Vitalik Buterin. Advertisements This endorsement highlights the advancements and the unique privacy features that Railgun aims to bring to the decentralized finance (DeFi) sector. DeFi Through Zero Knowledge Proof Tech Railgun leverages zero-knowledge proofs (zk-SNARKs) […]

cryptocurrency May 9, 2024

Vitalik Buterin, Ethereum’s co-founder, has unveiled plans to revamp how transaction fees are assessed. Termed multidimensional gas pricing, this initiative could revolutionize Ethereum’s transaction mechanisms. Advertisements The evolution of Ethereum’s pricing mechanism is crucial in staying competitive in the blockchain space. It needs to attract users and developers amid rising competition. Vitalik Buterin Explains Why […]

cryptocurrency May 8, 2024

Vitalik Buterin, the co-founder of Ethereum, has proposed a pivotal alternative to Ethereum Improvement Proposal (EIP) 3074. This new proposal intends to boost security and minimize risks for core developers. Advertisements Featuring a novel transaction type, similar to EIP-2930, it includes additions such as a contract code string and a signature. How Vitalik Buterin’s Proposal […]

cryptocurrency April 30, 2024

Vitalik Buterin, co-founder of Ethereum, has introduced significant advancements in cryptographic proofs, notably enhancing verification speeds and simplifying the process. Advertisements These developments leverage new techniques in STARKs and introduce innovative tools like Plonky2 and Binius. These changes are set to improve the efficiency of blockchain technologies drastically. Fast and Easy to Verify Cryptographic Proofs […]

cryptocurrency April 12, 2024

Ethereum’s blockchain is set for another significant leap with the anticipated Pectra upgrade, following the successful Dencun upgrade that reduced transaction costs. Advertisements Slated for release between late 2024 and early 2025, the Pectra upgrade focuses on Ethereum Improvement Proposal (EIP) 3074 and EIP 2935. These vital modifications aim to transform how users interact with […]

cryptocurrency April 2, 2024

As blockchain technology progresses, the appearance of Layer 3 (L3) has triggered an extensive conversation among industry experts and developers alike. Vitalik Buterin, the co-founder of Ethereum, has recently joined the ongoing discussions. Advertisements Vitalik Buterin took to X (Twitter) to share an old article titled “What kind of layer 3s make sense?”. He originally […]