Worldcoin unveils new Layer-2 network ‘World Chain’
18 Oct 2024
140 Views

The Sam Altman-founded “proof-of-humanity” project Worldcoin — which rebranded to World — has launched an Ethereum layer 2 blockchain it dubbed World Chain. In an Oct. 17 statement, World said the 15 million users who have verified their identity by scanning their iris for a “World ID” could now use the network. The firm launched World…

Two builders produce 88% of Ethereum blocks in October, raising concerns
18 Oct 2024
167 Views

Two Ethereum block builders produced the majority of blocks during the first two weeks of October, raising concerns about centralization on the world’s second-largest blockchain network. Ethereum block builders Beaverbuild and Titan Builder were responsible for 88.7% of all blocks produced over the past two weeks on the mainnet, according to Toni Wahrstätter, a researcher…

Ethereum’s Pectra fork adds dynamic blob fees to to improve L2 scaling
18 Oct 2024
152 Views

Ethereum developers are set to implement an Ethereum Improvement Proposal (EIP) to optimize blob-carrying transactions in a bid to improve network scalability in the upcoming Pectra fork. EIP-7742 will create a mechanism for the Ethereum consensus layer to “dynamically” set the blob gas target and max values, Galaxy Digital’s vice president of research, Christine Kim, posted to…