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Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low. Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new version will rely on zero-knowledge proofs to increase security. HUGE UPDATE ON #Polygon Polygon may go through some huge changes in near future. @MihailoBjelic shared a polygon improvement proposal few hours ago which discussed to upgrade polygon POS to zkEVM Validium. According to the proposal, Polygon POS is facing three key challenges… — Hitesh Malviya (@hmalviya9) June 20, 2023 Polygon PoS is an Ethereum scaling solution that has over $900 million in total value locked within its contracts and does over 2 million transactions per day. It was first launched in 2019. In March, the Polygon team launched a second network, Polygon zkEVM, that uses ze...

The 689 Ether, worth nearly $1.3 million, is the largest reward received since the 691 Ether reward on March 20 paid to Lido. A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months. Ethereum liquid staking solution Lido was paid the reward from block number 17007842 on the Beacon Chain — which was finalized on April 9, contained 47 transactions and was built by beaverbuild.org, according to transaction data. High Proposer Payment Alert! Validator 0x388c... received 689.02 ETH. Block built by a @beaverbuild builder (0x96a59d...)‍ Slot: 6,181,978. Received through the @GnosisDAO relay.https://t.co/Pv3bqfZMrU — MEV-Boost Bot (@mevproposerbot) April 9, 2023 The reward almost matched Lido’s most recent high of 691 Ether on March 20. The figure raised the eyebrows of Martin Köppelmann, the co-founder and CEO of Ethereum-based infrastructure pl...

The Ethereum network successfully replaced the proof-of-work mining model with the proof-of-stake mining model. The long-awaited switchover occurred on September 15, 2022. Read more: Did Celsius Use Client’s BTC and ETH to Pump the CEL Token? The Shanghai testnet was one of the much-awaited releases, which was earlier stated to be live by the end of February. Ethereum developers are also relentlessly working on deploying testnets in the next few days. Now, according to the latest details from an Ethereum Foundation developer, the Ethereum Zhejiang public withdrawal testnet is set to go live on Feb. 1 at 15:00 UTC. The Shanghai +Capella upgrade is going full steam ahead! The first public withdrawals testnet is launching 1st of Feb at 15 UTC. All info here: https://t.co/S5kp9o6Pzs#TestingTheWithdrurge https://t.co/fw2SZqPbHe — parithosh | 🐼👉👈🐼 (@parithosh_j) January 31, 2023 Ethereum Shanghai+Capella will be triggered six days...

2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry. Bitcoin (BTC), Ether (ETH) and the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push crypto prices higher.  Despite the market-wide downturn, a handful of altcoin s continued to make a positive contribution to the crypto space and thanks to Ethereum, the term altcoin is no longer a derogatory term. Let’s explore the top altcoin s that made a difference in 2022. Ethereum fundamentals shone in 2022 Ether’s price hit a yearly high at $3,835 on Jan. 2 and has struggled to regain footing amidst the bear market and other macro factors. The Ethereum network is the top project in 2022 not because of Ether’s price action, but for its fundamentals and for completing the long-awaited mainnet upgrade. The Ethereum merge was completed on Sept. 15, 2022 and while many feared the merge to proof-of-stake (...