Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat currencies. Responding to a question asking…
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The author of the Ethereum whitepaper, Vitalik Buterin, believes rollups will solve Ethereum’s scaling woes until the introduction of Eth2 sharding. Ethereum co-founder, Vitalik Buterin, believes the network is on the verge of scaling by a factor of 100, predicting the Optimism will release its layer-two solution in the coming weeks. Speaking on the Tim…
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Eth2 staking has its downsides — people may not have the means to contribute 32 ETH, or the technical knowhow to run a node. Can these issues be solved? How does this ecosystem work? There are three key roles within the Stkr ecosystem. Providers deliver the computing resources that drive the Eth2 nodes — and…
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A lot of the work is done in parallel, meaning scalability is closer than it seems. Following the successful launch of Ethereum 2.0 Phase 0 — the first concrete step in building the next iteration of the protocol — Ethereum co-founder Vitalik Buterin published an updated roadmap of what comes next for the project. The current development…
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The Elrond mainnet is launching today with a new DeFi app and staking opportunities. High performance blockchain project Elrond is launching its mainnet today, July 30, along with a new DeFi app, staking and a raft of new features. Its ERD token has been on fire this month in the lead-up to the long awaited…
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Ethereum 2.0 developers formalized the date of the first community-run testnet on August 4. The Ethereum 2.0 team has formalized the launch date of the first full testnet designed to simulate mainnet conditions. Called Medalla, the new multi-client testnet is set to be the last one before mainnet launch occurs. Medalla means “medal” in Spanish,…
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The first stage of Ethereum 2.0 is almost here, but how will the DApp and DeFi space adapt to this change? While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as network…
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