A group of developers believes introducing programmability to the Bitcoin blockchain could drive the next rally for the largest cryptocurrency. While Bitcoin is currently seen as digital gold, with its primary use being a store of value, developers argue that the addition of programmability would unlock a range of functionalities and applications. Unlike its rival Ether, which allows for the creation of…
Read more
Source: AdobeStock / Aleksandra Sova The Solana (SOL) ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation. In a comprehensive report released on January 9, the foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000 monthly active developers throughout the past year, a testament to the ecosystem’s…
Read more
Ethereum developers have relaunched the Holesky test network after a previous attempt earlier this month failed. On Thursday, Ethereum devs relaunched Holesky in what appeared to be a successful process in the early hours of the livestream. A developer commented on the initial success recorded so far while another joked that there will not be…
Read more
Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem. The Ethereum ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly released open-source codebase, Chain Development Kit, which harnesses zero-knowledge proof (ZK-proof) technology to ensure security and fast finality.…
Read more
The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the NFT sector. However, the slump in Bitcoin Ordinals is…
Read more
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar account names and directing interested users to fake NFT sales pages to drain…
Read more
Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM. The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to onboard new developers, with many thousands of…
Read more
The decision reverses a prior ruling, allowing Craig Wright to appeal a lawsuit claiming copyright to the Bitcoin white paper and database. A British court granted an appeal on July 20 that gave Craig Wright the right to argue in litigation that the Bitcoin file format is well-defined enough to qualify for copyright protection. Wright,…
Read more
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months. The number of new developers entering the cryptocurrency sector has dropped by nearly 50 percent over the past year, according to research from Electric Capital’s Developer Report. The latest gauge of the state of the cryptocurrency developer…
Read more
A report published by the U.K. Law Commission bolsters Bitcoin core developers’ defense that they are not liable for 111,000 BTC taken by hackers. A recent report released by the United Kingdom’s Law Commission could weaken a central argument brought by Craig Wright in his controversial lawsuit against 12 Bitcoin core developers, argues the Bitcoin Legal…
Read more
