Ripple controls at least 37% of XRP supply

Ripple stores 37% of cryptocurrency supply in guarantee deposits in the XRPL network. Bitcoiners users consider that a control over 37% of XRP remains elevated. Bill Morgan, a lawyer who works in the cryptocurrency ecosystem, revealed that the amount of XRP stored in Ripple controlled scrows decreased below 38% of the total cryptocurrency supply. According … Read more

Cardano network begins its journey towards decentralization

The price of ADA has not yet responded positively and significantly to the new regulatory framework. By the end of December 2024, the Constitution must be ratified by ADA holders. On December 5, 2024, the new Cardano Constitution (ADA) was approved by its community with 95% of the votes in favor. This regulatory framework aims … Read more

Block wants to take power away from Bitmain and decentralize bitcoin mining

Bitmain is also associated with a bitcoin mining pool, called Antpool. Block wants to create products adapted for home Bitcoin mining. Block, the company led by Jack Dorsey, introduced Proto, a suite of mining hardware products and services. One of its objectives of this launch is to “decentralize” both the supply of mining hardware and … Read more

TON wants greater decentralization with new governance

The governance is called Society DAO. The TON community will be able to submit projects, which will be rewarded for their performance. The team behind The Open Network (TON) announced the launch of Society DAO, a new governance model designed to democratize access to capital and resource allocation within its ecosystem. This model, aimed at … Read more

Ethereum on the planet Mars? Vitalik’s futuristic vision

According to Vitalik, signals from Mars to Earth can take up to 20 minutes. Buterin proposed a futuristic vision of digital societies and cryptocurrency networks. Vitalik Buterin, co-founder of the Ethereum (ETH) network, gave his opinion during an interview about future digital societies and stated that in the future Ethereum nodes could run on the … Read more

The first DEX has arrived that will bridge Fractal and the main Bitcoin network

They will launch a bridge between Fractal and Bitcoin called SimpleBridge, in October. Each swap has a commission of 0.3%. The Fractal Bitcoin team revealed an integration with Pizzaswap, the first decentralized exchange (DEX) that runs simultaneously on both Bitcoin and Fractal. Pizzaswap, which previously ran on the Bitcoin main and testnets, is now available … Read more

Linux creates foundation to defend open source blockchain networks

Key facts: Members include Polygon, Hedera and Brazil’s central bank. These open technologies seek to avoid proprietary lock-in in finance. The Linux Foundation, the nonprofit collaborative foundation, has announced the launch of the Linux Foundation Decentralized Trust (LFDT), a new umbrella organization dedicated to advancing the use of decentralized technologies for the digital economy. According … Read more

4 predictions 2 years from the Ethereum Merge: will they come true or not?

Key facts: Ethereum fully delivered on reducing energy consumption and decentralization. Ether, for its part, has not yet complied by increasing its price and its deflationary pace. The Ethereum Merge occurred on September 15, 2022, with the migration to the network’s proof-of-work consensus type. It went from operating with proof of work (Proof-of-Work, PoW) to … Read more

Vitalik Buterin calls for stage 1 decentralization in rollups or nothing

Key facts: They will only treat a project as a rollup if it meets this requirement. So far, they have accepted any project that claims to be on the path to decentralization. Vitalik Buterin, founder of Ethereum, considers the standard for second layers (layers 2) Ethereum should be more strict. As a result, he assures … Read more