🚀 Bitcoin Core Fork Proposed to Address OP_RETURN Policy Dispute
#Bitcoin #BitcoinCore #OP_RETURN #SamsonMow #Fork #Blockchain #Governance #BitcoinKnots #Cryptocurrency #Decentralization #BTC
According to PANews, Samson Mow, CEO of Bitcoin technology company JAN3, recently suggested forking the Bitcoin Core code to resolve the ongoing community division over the OP_RETURN policy. Mow proposed this solution during a podcast, addressing the issue of 'misaligned incentives' among developers. He recommended creating a fork based on the current version and maintaining the new software through an anonymous developer funding model. Mow emphasized that this approach is optimal due to the difficulty of implementing changes within the current structure. He highlighted the need for a more robust governance framework for the new fork to prevent developers from participating in projects solely for personal reputation.
The Bitcoin Core development team has recently planned to remove the OP_RETURN field restriction, allowing more non-monetary data to be recorded on the blockchain. This has led to a surge in the use of the Bitcoin Knots node software, which now accounts for 8.6% of public nodes. Mow has previously called for a boycott of 'malicious' core developers, advocating for their exclusion from industry conferences and the cessation of financial support. Analysts note that this technical dispute underscores a fundamental division within the Bitcoin community regarding the blockchain's functional purpose.#Bitcoin #BitcoinCore #OP_RETURN #SamsonMow #Fork #Blockchain #Governance #BitcoinKnots #Cryptocurrency #Decentralization #BTC
🚀 Ethereum Mainnet Gas Limit Increased to 60 Million
#Ethereum #Mainnet #GasLimit #Nethermind #ForesightNews #Blockchain #Update #Fork #Version1.35.0 #RuntimeStability #ETH
According to Foresight News, Ethereum ecosystem developer Nethermind has announced that the default gas limit on the Ethereum mainnet has been increased to 60 million. This update is one of the significant contributions from the Nethermind team.
Alongside this change, Nethermind has released version 1.35.0, which includes improved runtime stability and other critical updates. Operators are advised to update their systems before the upcoming fork to ensure optimal performance.#Ethereum #Mainnet #GasLimit #Nethermind #ForesightNews #Blockchain #Update #Fork #Version1.35.0 #RuntimeStability #ETH
🚀 Ethereum Developers Report Progress on Testnet Fork
#Ethereum #Developers #Testnet #Fork #EthereumCoreDevelopers #HoodiTestnet #BPO #Interoperability #Teku #ePBS #Kurtosis #FOCIL #GlamsterdamMerge #ETH
According to Foresight News, Christine Kim, Vice President of Research at Galaxy, summarized the 169th Ethereum Core Developers Consensus (ACDC) call. This week, developers reported smooth progress on the second block parameter-only (BPO) hard fork initiated on the Hoodi testnet. Client teams are nearing completion of interoperability test preparations, with Teku's ePBS implementation being the closest to running on Kurtosis. Ethereum advocate and ETH investor Ryan Berckmans opposed the inclusion of a forced inclusion list (FOCIL) in the Glamsterdam merge.#Ethereum #Developers #Testnet #Fork #EthereumCoreDevelopers #HoodiTestnet #BPO #Interoperability #Teku #ePBS #Kurtosis #FOCIL #GlamsterdamMerge #ETH
🚀 Ethereum's Expansion Set to Transform Transaction Processing by 2026
#Ethereum #scalability #transactionprocessing #blockchain #Glamsterdamfork #ZKproofs #Layer1 #Layer2 #ZKsync #crosschain #privacy #HezeBogota #fork #ETH
According to BlockBeats, Ethereum is poised for significant scalability advancements over the next year. By 2026, the network is expected to undergo the Glamsterdam fork, which will introduce nearly perfect parallel processing capabilities to the mainnet and significantly increase the Gas limit from the current 60 million to 200 million.
A substantial number of validators will shift from re-executing transactions to verifying zero-knowledge (ZK) proofs. This transition will set Ethereum Layer 1 on a path to potentially achieve scalability of 10,000 transactions per second (TPS) or higher, although this target will not be reached by 2026.
Additionally, data blocks will expand, potentially reaching 72 or more per block, enabling Layer 2 (L2) solutions to handle hundreds of thousands of transactions per second. L2 is becoming increasingly user-friendly; the recent Atlas upgrade by ZKsync allows funds to remain on the mainnet while transactions occur in the fast execution environment of the ZKsync elastic network.
The planned Ethereum interoperability layer aims to facilitate seamless cross-chain operations between L2s, with privacy becoming a central focus. The Heze-Bogota fork, scheduled for the end of the year, is targeted at enhancing censorship resistance.#Ethereum #scalability #transactionprocessing #blockchain #Glamsterdamfork #ZKproofs #Layer1 #Layer2 #ZKsync #crosschain #privacy #HezeBogota #fork #ETH