CLAUDE
Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions
Solana validators have approved a proposal called "Timely Vote Credits" to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism.
Ethereum Milestone: Validator Count Hits 1 Million with $114 Billion Staked
Ethereum's network validators surpass the 1 million mark, with 32 million ETH staked through platforms like Lido, accounting for 26% of its total supply.
Stellar (XLM) Development Foundation Delays Protocol 20 Upgrade Due to Core Bug
The Stellar Development Foundation has postponed the vote on Protocol 20, initially set for January 30, following the discovery of a bug in Stellar Core v20.1.0. The decision was made to ensure ecosystem readiness and broad consensus, with the new vote date to be determined after the bug fix release, expected within the next two weeks.
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
Ethereum co-founder Vitalik Buterin Proposes Signature Reduction
Ethereum co-founder Vitalik Buterin proposes reducing the number of signatures for validators in the PoS system to simplify the system, address technical issues, and enhance network security.
Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%
Cosmos Hub proposes reducing ATOM inflation rate from 14% to 10%, lowering annual staking yield from 19% to 13.4%, optimizing security expenses and introducing a liquid staking module.
Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
Ethereum Devnet 10 Testing Paves Way Towards Mainnet
Recent devnet 10 testing on Ethereum revealed a stable network under normal conditions, although some bugs were identified. Stress-testing exhibited increased CPU and RAM usage on some clients. The conversation around forking timelines for testnets and transitioning to mainnet was initiated, with more discussions to follow in the upcoming ACDC meeting on November 9.
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.