Ethereum

“Soulbound” NFTs Featured at Ethereum Hackathon

"Soulbound" NFTs Featured at Ethereum Hackathon

Key facts: The top spots at the ETHNewYork hackathon went to “soul-bound” NFT projects. Endorsed by Vitalik Buterin, they propose a decentralized way of validating identities and achievements. Non-Fungible Tokens (NFTs) soulbound or “soulbound” gain more and more consideration in the world of Ethereum developers. Or at least this can be inferred from the results …

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Vitalik Buterin wants wallets without private keys to be the standard on Ethereum

Vitalik Buterin.

Vitalik Buterin, co-creator of Ethereum, proposes to make it a standard that all wallets on the network are managed by smart contracts instead of unique private keys. The proposal is known by the name of “account abstraction” or ERC-4337. The co-creator of Etheruem, although he is not currently among the group of developers who are …

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Wallets of this Ethereum rollup can be used without private keys

Wallets of this Ethereum rollup can be used without private keys

ZkSync v2, one of the rollups currently under development, has added account abstraction to its protocol. This implementation replaces the private keys of the wallets with the control of a smart contract. According to Explain the development team, this implementation, which is now activated on your testnet, “It will improve the user experience” thanks to …

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Axie Infinity’s Ethereum – Ronin bridge reopens in a few days

Key facts: With the launch of the bridge, users will recover their funds lost in the attack. The bridge allows to deposit and withdraw tokens in the network developed by Axie Infinity. On Tuesday, June 28, the Ronin sidechain bridge with Ethereum will be back up and running after nearly three months. This connection between …

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OKX integrates another Ethereum rollup to improve commissions

OKX integrates another Ethereum rollup to improve commissions

This article contains referral links. Know more. OKX added support for the Ethereum zkSync rollup. It is a scalability solution that will allow deposits and withdrawals with lower commissions. The exchange of cryptocurrencies deposits via zkSync have been available since yesterday, June 23, and they promise to enable withdrawals by June 30. There are 3 …

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OKX responds to high commissions on Ethereum by integrating a new rollup

OKX integrates another Ethereum rollup to improve commissions

This article contains referral links. Know more. OKX added support for the Ethereum zkSync rollup. It is a scalability solution that will allow deposits and withdrawals with lower commissions. The exchange of cryptocurrencies deposits via zkSync have been available since yesterday, June 23, and they promise to enable withdrawals by June 30. There are 3 …

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3 improvement proposals that would come to Ethereum in the coming years

3 improvement proposals that would come to Ethereum in the coming years

One of the biggest challenges facing Ethereum today is achieving greater scalability. That is, to remain functional as more people use the network and more applications are developed. With this in mind, the best developers work on proposals that aim to improve different aspects of the network’s operation. According to what was stated in a …

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Exchange gets penalized for shutting down its Ethereum 2.0 validators

Exchange gets penalized for shutting down its Ethereum 2.0 validators

Key facts: Validators receive penalties if they are disconnected from the network. The penalties, in this case, are usually light due to the short time off-line. Poloniex has suffered a disconnection of all its Ethereum 2.0 validator nodes. They were inactive for a period of 30 minutes on this June 22. This situation led to …

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