RT The Shib (@TheShibmagazine)It takes guts to say, "our judgment was wrong."That's exactly what Kaal did in a security update on the Shibarium bridge.He's being transparent about past shortcomings with decentralization and validator security.Read more👇https://t.co/01jhdHpWXY ...

RT Shinobi (@brian_trollz)Bitcoin Knots proponents spin a lot of narratives about defending Bitcoin's use as money, and it's decentralization, but the reality is their actions move in the exact opposite direction. https://t.co/NI47wPanJg ...

Base’s potential has always been clear.Now, with skyrocketing activity, scaling infra, a new app, and a token (potentially) on the way, it’s entering a new age.To dig deeper, I spoke with @jessepollak about what’s driving Base’s growth — and the vision going forward 👇~~ Analysis by @davewardonline ~~Base ChainSince spring, @base's chain has evolved significantly. DeFi TVL has nearly doubled to $5B, with protocols like @MorphoLabs and @aave tripling their value locked. Morpho’s Bitcoin-backed loans, integrat ...

The cryptocurrency sector has its fair share of odd tokens, from meme coins to lesser-known crypto brands tied to blockchains created for a specific, bespoke purpose. XRP falls into the latter category, but some recent regulatory developments have caught the attention of crypto investors. Some analysts believe XRP shows potential to be the next big thing in crypto, while others make a strong case for continued caution. Check Out: I Asked ChatGPT To Explain Crypto Like I’m 12 — Here’s What It Said Read Next ...

Core Insights - Binance's BNB Chain validators are proposing a significant upgrade that aims to reduce transaction fees by 50% and increase block production speed, coinciding with the BNB token reaching all-time highs above $1,000 [1][7] Group 1: Proposed Changes - The proposal includes cutting gas fees from 0.1 Gwei to 0.05 Gwei and accelerating block intervals from 750 milliseconds to 450 milliseconds, potentially lowering transaction costs to approximately $0.001 per transaction [2][3] - If approved, these changes are set to take effect in October [4] Group 2: Market Context - Trading activity on the BNB Chain has surged, with swap-related transactions increasing by 67% from January to June this year, indicating a growing demand for the network [3] - The proposed changes aim to position BNB Chain competitively alongside other low-cost chains like Solana and Coinbase's Base network [3] Group 3: Community Response - The initiative has received praise for making BNB Chain more appealing to high-frequency traders and developers, although some critics argue that merely reducing fees does not constitute true innovation and call for greater decentralization [5][9] - Currently, BNB Smart Chain has only 45 validators, which has raised concerns about its level of decentralization compared to networks like Solana, which has nearly 1,000 validators [5][7]

Decentralized exchange (DEX) infrastructure provider Orderly Network introduced a platform for users to launch their own perpetuals DEXs. "Orderly One" allows a perp DEX to be built in a matter of minutes without requiring the writing of any lines of code, Orderly said on X on Tuesday. The new service is aimed at decentralized autonomous organizations (DAOs), funds, trading communities and so on who wish to build a revenue stream through crypto trading without relying on a centralized entity. Perpetual ...

Vitalik Buterin defends Base’s decentralization, says Layer 2 network ‘cannot steal funds’ https://t.co/CxJOi4H0qI ...

Key Differentiators of Starknet - Starknet aims for best-in-class scaling, leveraging the team's breakthroughs [1] - Starknet is progressing towards full decentralization [1] - Security is ensured by STARK proofs [1] - Starknet aligns with Bitcoin's core ethos [1]

L2 Technology & Security - Base is presented as a model Ethereum L2, designed to improve user experience while leveraging Ethereum's security [1] - Base is categorized as non-custodial under L2beat's Stage 1 definition, ensuring users retain control over their funds [1] - Ethereum L1 smart contract logic guarantees user fund safety, even in scenarios where the L2 shuts down or operator censorship occurs [1] Industry Perspective - Vitalik Buterin's statement highlights the importance of decentralized security in L2 solutions [1] - The discussion addresses misconceptions about L2beat's role, emphasizing its function beyond mere compliance [1]

"Sequencer is only a fast lane to get into Base"When do we think we see the first invocation of a vampire sequencer?Spin up a separate machine pushing to Base's settlement contract once anyone can post a proof to it?Possible @toghrulmaharram @donnoh_eth?jesse.base.eth (@jessepollak):@iampaulgrewal @base @ethereum 3/ two critical things to note about this design:first, the sequencer is only a fast lane to get into @base. at any point, a user can also transact on @base through @ethereum directly. this brings ...