Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR Vitalik Buterin introduces the “glue and coprocessor” architecture, which splits computational tasks into general and specialized operations to enhance efficiency in fields like AI and
TL;DR Restaking on Ethereum allows users to maximize security and returns by reusing already staked tokens. EigenLayer is leading the adoption of Restaking, transforming the security
TL;DR Bitcoin and Ethereum prices have shown weakness this week, with declines of 4.5% to 5%, and the overall cryptocurrency market has seen a 4.4% decrease
TL;DR Layer 2 chains on Ethereum are facing issues due to the increasing demand for blob space in blocks, which could drive up transaction costs. Arbitrum
TL;DR Vitalik Buterin transferred 800 ETH (approximately $2 million) to a multi-sig wallet. The price of Ether has fallen by more than 33% in the last
TL;DR Starknet releases version 0.13.2 with two key innovations: parallel execution and block packing. Parallel execution allows processing multiple transactions simultaneously, reducing confirmation times and latency.
TL;DR Vitalik Buterin proposes using airdrops to reward genuine contributors and prevent abuse by individuals seeking benefits without adding real value. He suggested implementing blockchain-based identity
TL;DR Polygon has launched an update allowing users to convert MATIC to POL through the Portal, enhancing the network’s functionality and efficiency. The automatic conversion of
TL;DR Vitalik Buterin and Josh Stark detailed Ethereum Foundation’s 2023 spending, providing a meticulous breakdown of expenses in each sector. Research and development in Layer-1 (L1)
TL;DR Bitcoin’s open interest has dropped by 7.5% due to market uncertainties, with BTC trading around $62,300 after a 2.50% decline in the last 24 hours. Altcoins
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy
