“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
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Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
“With recursive rollups and proofs, we theoretically can infinitely scale.”
Ethereum is eating the world — ‘You only need one internet’
“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
Ethereum is eating the world — ‘You only need one internet’
“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
“With recursive rollups and proofs, we theoretically can infinitely scale.”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
“With recursive rollups and proofs, we theoretically can infinitely scale.”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
With recursive rollups and proofs, we theoretically can infinitely scale.
Collapse of Terra blockchain ecosystem forces talent migration
Projects migrating from Terra to other ecosystems have made an example of how to adapt and regenerate after a catastrophic blockchain collapse.
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market.
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
Bitcoin (BTC) crashed below $22,000 instantly on Sept. 13 after United States inflation data failed to meet estimates.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI print sparks major crypto rout
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly falling $1,000 after Consumer Price Index (CPI) inflation for August came in at 8.3% year-on-year.
The consensus was that 8.1% would be the latest figure, and the overshoot suggested that inflation was not slowing at the expected pace.
Nonetheless, versus July, year-on-year growth was still down 0.2%, preserving the overall trend of slowing CPI inflation.
This was not enough to avoid a crypto rout, however, and at the time of writing, Bitcoin was below $21,500, down 4% on the day.
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market.
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
Bitcoin (BTC) crashed below $22,000 instantly on Sept. 13 after United States inflation data failed to meet estimates.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI print sparks major crypto rout
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly falling $1,000 after Consumer Price Index (CPI) inflation for August came in at 8.3% year-on-year.
The consensus was that 8.1% would be the latest figure, and the overshoot suggested that inflation was not slowing at the expected pace.
Nonetheless, versus July, year-on-year growth was still down 0.2%, preserving the overall trend of slowing CPI inflation.
This was not enough to avoid a crypto rout, however, and at the time of writing, Bitcoin was below $21,500, down 4% on the day.
The challenges with building a reputation in Web3 — and how to solve them
Right now, we lack full control of our data — and it's siloed. But in the months and years ahead, decentralized identities and reputations could change that.
Abu Dhabi regulator introduces its ‘guiding principles’ for crypto
The FSRA is taking a pro-market stance but pledges to comply with international safety standards.
ePayments shutters as FCA Anti-Money Laundering regulations tighten
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years.
Vitalik Buterin impersonators ramp up ETH phishing ahead of The Merge
Cointelegraph identified over six Twitter accounts with a “verified” mark that replicates Buterin’s profile picture, name and profile description.
Russia aims to set rules for crypto cross-border payments by year’s end
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said.
Russia aims to set rules for crypto cross-border payments by year’s end
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said.
Bitcoin battles whales above $22K as BTC price faces US CPI data
Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United States inflation numbers.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Serious" whales present new BTC price hurdl
Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it sought to push through $22,500.
Bulls had attempted to vanquish a wall of seller interest in the range just above $22,000, this proving especially stubborn and leading to an overnight consolidation phase.
On-chain monitoring resource Material Indicators highlighted the struggle in a screenshot of the Binance BTC/USD order book the day prior.
For fellow analytics platform Whalemap, meanwhile, it was no wonder that the current range was a sticking point for bulls.
