Posts

Showing posts with the label upgrade

ETH hits 7-month high ahead of Shanghai and Capella upgrades

Image
Ether has broken the $1,900 resistance level for the first time in months and is currently sitting above $1,911. Ether (ETH) has breached $1,900 for the first time in over seven months, a week before Staking withdrawals are enabled in the next major update for the second-largest cryptocurrency by market capitalization. CoinMarketCap data shows the last time Ether was over $1,900 was on Aug. 16, 2022, amid a broader crypto sell-off at a time when the United States Federal Reserve was hiking the Federal Funds rate at a record pace to combat inflation. The Ethereum Shanghai hard fork, set to occur on April 12, will implement EIP-4895 — allowing validators and stakers to withdraw staked ETH from the beacon chain — in addition to other EIPs which aim to help increase transaction speeds while reducing transaction costs. Alright, let's talk about the Ethereum Shanghai Upgrade! It's a hard fork scheduled to occur in March 2023. Stakers and validators will be able to withdraw staked ET...

Solana plans to improve its blockchain: Here’s how

After a network-wide slowdown left users frantic, Solana released plans to improve its latest network upgrade. The Solana network experienced a noticeable slowdown in block production after its most recent 1.14 network update on Feb. 25, as it went into reset mode. As an immediate response to transaction disruptions, validators downgraded the software to up performance levels. However, on Feb. 28, Anatoly Yakovenko, the founder and CEO of Solana Labs, released another statement as to how the ecosystem plans to improve its recent network upgrades. The major focus of the plan is on stability as the network continues its transition.  2022 priorities were shipping new Features and new tools. 2023 is stability. Tldr 1/3 of core eng is going to be focused on stability and adversarial testing. Here’s my thoughts. https://t.co/Z6pR9hhYbP — toly (@aeyakovenko) March 1, 2023 The statement laid out a 6-step plan for engineers to follow to help streamline the process and revealed that a...