NODE
A computer connected to the blockchain network is referred to as a ‘node’. Most nodes are not full nodes and full nodes can be difficult to run due to their bulky size. A full node is a program can fully validate transactions and blocks bolstering the p2p network.
Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead
Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.
Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny
Solana Labs Co-founder, Anatoly Yakovenko, defended the Solana network's accessibility during a Twitter debate from 1st to 2nd October 2023, responding to criticisms regarding the cost of running nodes. Yakovenko contrasted Solana with Ethereum, advocating for negligible costs in state creation to promote true decentralization, despite rebuttals highlighting Solana's high node operation costs favoring corporations.
ETH Price Surpasses $2,000 Despite New Supply After Shapella Update
Despite concerns of a potential dump due to a new supply of Ether hitting the markets after the Shapella update, the price of ETH has surpassed $2,000 and maintains the level. Only around 1% of staked ETH may hit the market after Shapella, according to crypto analytics firm Glassnode. Crypto exchanges have expressed support for ETH unstaking.
BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub
Don't worry—BlueWallet is just another step toward self-custody and lightning nodes.
The Most Unworkable State Law
An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com
Leading crypto market intelligence provider Glassnode has acquired crypto portfolio tracking tax Platform Accointing.Com to allow users to track their portfolios in one place.
Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows
Bitcoin has experienced significant ups and downs in the first half year due to various uncertainties and events like the LUNA collapse.
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
Minima Launches Innovation Challenge Campaign Compeition
Minima, an ultra-lean blockchain network, launched an innovation challenge to spur more growth in its ecosystem.