Ultimate magazine theme for WordPress.

Publisher - cryptocurrency, mining bitcoin, technology, artificial intelligence

Bitcoin (BTC) $ 98,817.00
Ethereum (ETH) $ 3,353.15
Tether (USDT) $ 1.00
Solana (SOL) $ 260.11
BNB (BNB) $ 653.32
XRP (XRP) $ 1.55
Dogecoin (DOGE) $ 0.466041
Cardano (ADA) $ 1.10
USDC (USDC) $ 1.00
Lido Staked Ether (STETH) $ 3,353.33
TRON (TRX) $ 0.209550
Avalanche (AVAX) $ 43.67
Shiba Inu (SHIB) $ 0.000027
Wrapped stETH (WSTETH) $ 3,971.10
Wrapped Bitcoin (WBTC) $ 98,640.00
Toncoin (TON) $ 5.60
Stellar (XLM) $ 0.436526
Polkadot (DOT) $ 7.59
Bitcoin Cash (BCH) $ 538.45
Chainlink (LINK) $ 16.95
Sui (SUI) $ 3.61
WETH (WETH) $ 3,352.29
Pepe (PEPE) $ 0.000021
LEO Token (LEO) $ 8.56
Litecoin (LTC) $ 102.05
NEAR Protocol (NEAR) $ 6.29
Aptos (APT) $ 12.66
Uniswap (UNI) $ 10.41
Wrapped eETH (WEETH) $ 3,530.44
Hedera (HBAR) $ 0.150682
Internet Computer (ICP) $ 11.06
Cronos (CRO) $ 0.192469
USDS (USDS) $ 0.998745
Ethereum Classic (ETC) $ 29.56
POL (ex-MATIC) (POL) $ 0.538772
Render (RENDER) $ 7.91
Kaspa (KAS) $ 0.156631
Bittensor (TAO) $ 524.70
Ethena USDe (USDE) $ 1.00
Bonk (BONK) $ 0.000050
WhiteBIT Coin (WBT) $ 24.62
Artificial Superintelligence Alliance (FET) $ 1.33
VeChain (VET) $ 0.043159
MANTRA (OM) $ 3.77
Dai (DAI) $ 1.00
dogwifhat (WIF) $ 3.40
Arbitrum (ARB) $ 0.826814
Cosmos Hub (ATOM) $ 7.91
Stacks (STX) $ 2.05
Filecoin (FIL) $ 5.12
Monero (XMR) $ 164.76
OKB (OKB) $ 49.35
Injective (INJ) $ 29.05
Mantle (MNT) $ 0.844211
Optimism (OP) $ 2.21
Aave (AAVE) $ 178.69
Celestia (TIA) $ 6.26
Algorand (ALGO) $ 0.309997
Immutable (IMX) $ 1.50
FLOKI (FLOKI) $ 0.000257
The Graph (GRT) $ 0.244016
Fantom (FTM) $ 0.819034
Sei (SEI) $ 0.524423
First Digital USD (FDUSD) $ 0.999257
Bitget Token (BGB) $ 1.51
Binance-Peg WETH (WETH) $ 3,351.49
THORChain (RUNE) $ 5.73
Ethena (ENA) $ 0.656489
Theta Network (THETA) $ 1.87
Raydium (RAY) $ 6.06
Rocket Pool ETH (RETH) $ 3,735.90
Coinbase Wrapped BTC (CBBTC) $ 98,858.00
Brett (BRETT) $ 0.164002
Mantle Staked Ether (METH) $ 3,516.38
Worldcoin (WLD) $ 2.35
Jupiter (JUP) $ 1.16
Solv Protocol SolvBTC (SOLVBTC) $ 98,280.00
Ondo (ONDO) $ 1.06
Pyth Network (PYTH) $ 0.415076
Renzo Restaked ETH (EZETH) $ 3,437.23
Maker (MKR) $ 1,683.06
Popcat (POPCAT) $ 1.50
Bitcoin SV (BSV) $ 73.02
Marinade Staked SOL (MSOL) $ 320.65
Arweave (AR) $ 21.00
Gate (GT) $ 10.88
KuCoin (KCS) $ 11.19
Flow (FLOW) $ 0.828490
Polygon (MATIC) $ 0.541458
GALA (GALA) $ 0.031290
BitTorrent (BTT) $ 0.000001
Flare (FLR) $ 0.023032
Peanut the Squirrel (PNUT) $ 1.21
Beam (BEAM) $ 0.022357
Tezos (XTZ) $ 1.16
EOS (EOS) $ 0.771576
Starknet (STRK) $ 0.546508
Lido DAO (LDO) $ 1.28
Lombard Staked BTC (LBTC) $ 98,942.00
JasmyCoin (JASMY) $ 0.022107
Fasttoken (FTN) $ 3.16
Jupiter Staked SOL (JUPSOL) $ 274.38
NEO (NEO) $ 14.64
Kaia (KAIA) $ 0.173215
Axie Infinity (AXS) $ 6.60
Mog Coin (MOG) $ 0.000003
Helium (HNT) $ 5.71
MultiversX (EGLD) $ 35.27
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 98,705.00
Binance-Peg Dogecoin (DOGE) $ 0.464132
Solv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 97,577.00
dYdX (DYDX) $ 1.37
AIOZ Network (AIOZ) $ 0.839232
Tokenize Xchange (TKX) $ 11.92
ether.fi Staked ETH (EETH) $ 3,344.22
The Sandbox (SAND) $ 0.398734
Akash Network (AKT) $ 3.85
Aerodrome Finance (AERO) $ 1.36
Core (CORE) $ 1.01
eCash (XEC) $ 0.000047
Decentraland (MANA) $ 0.488143
cat in a dogs world (MEW) $ 0.010055
Goatseus Maximus (GOAT) $ 0.885296
ApeCoin (APE) $ 1.23
Kelp DAO Restaked ETH (RSETH) $ 3,451.52
Pendle (PENDLE) $ 5.37
Mina Protocol (MINA) $ 0.732254
Binance Staked SOL (BNSOL) $ 263.96
NEXO (NEXO) $ 1.34
ORDI (ORDI) $ 39.58
XDC Network (XDC) $ 0.055281
Neiro (NEIRO) $ 0.001889
IOTA (IOTA) $ 0.226087
Notcoin (NOT) $ 0.007553
Conflux (CFX) $ 0.166819
USDD (USDD) $ 0.999359
Chiliz (CHZ) $ 0.082109
DOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007359
Zcash (ZEC) $ 48.61
Gnosis (GNO) $ 272.42
Wormhole (W) $ 0.254453
L2 Standard Bridged WETH (Base) (WETH) $ 3,351.99
Tether Gold (XAUT) $ 2,718.79
Arkham (ARKM) $ 2.12
BOOK OF MEME (BOME) $ 0.009667
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,353.54
Terra Luna Classic (LUNC) $ 0.000120
Oasis (ROSE) $ 0.097493
Ethereum Name Service (ENS) $ 19.78
Frax (FRAX) $ 0.996730
Axelar (AXL) $ 0.761363
Synthetix Network (SNX) $ 1.96
Nervos Network (CKB) $ 0.013884
dYdX (ETHDYDX) $ 1.37
PancakeSwap (CAKE) $ 2.10
Coinbase Wrapped Staked ETH (CBETH) $ 3,632.44
SuperVerse (SUPER) $ 1.32
ZKsync (ZK) $ 0.161818
Curve DAO (CRV) $ 0.475301
Bitcoin Gold (BTG) $ 33.31
PayPal USD (PYUSD) $ 1.00
Blur (BLUR) $ 0.282719
GMT (GMT) $ 0.190544
Super OETH (SUPEROETHB) $ 3,350.46
Ether.fi Staked BTC (EBTC) $ 98,432.00
Compound (COMP) $ 62.15
Safe (SAFE) $ 1.09
Turbo (TURBO) $ 0.007900
Grass (GRASS) $ 2.21
PAX Gold (PAXG) $ 2,735.79
Ronin (RON) $ 1.49
Beldex (BDX) $ 0.080038
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 98,788.00
Kava (KAVA) $ 0.492787
Virtuals Protocol (VIRTUAL) $ 0.531707
SATS (Ordinals) (SATS) $ 0.00000025
Astar (ASTR) $ 0.070855
Zerebro (ZEREBRO) $ 0.516690
Frax Ether (FRXETH) $ 3,315.06
tBTC (TBTC) $ 98,678.00
APENFT (NFT) $ 0.00000050
CorgiAI (CORGIAI) $ 0.001459
TrueUSD (TUSD) $ 1.00
DeXe (DEXE) $ 8.61
SPX6900 (SPX) $ 0.529326
Eigenlayer (EIGEN) $ 2.60
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,350.41
Jito (JTO) $ 3.65
Theta Fuel (TFUEL) $ 0.070383
PepeCoin (PEPECOIN) $ 3.97
1inch (1INCH) $ 0.365338
Zilliqa (ZIL) $ 0.023390
WOO (WOO) $ 0.243513
IoTeX (IOTX) $ 0.046676
Ondo US Dollar Yield (USDY) $ 1.06
Swell Ethereum (SWETH) $ 3,587.99
Usual USD (USD0) $ 0.999540
BENQI Liquid Staked AVAX (SAVAX) $ 51.04
Reserve Rights (RSR) $ 0.008159
Celo (CELO) $ 0.779456
Act I The AI Prophecy (ACT) $ 0.454040
L2 Standard Bridged WETH (Blast) (WETH) $ 3,351.67
Memecoin (MEME) $ 0.013856
Fwog (FWOG) $ 0.431722
LayerZero (ZRO) $ 3.83
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
Trust Wallet (TWT) $ 1.01
Stader ETHx (ETHX) $ 3,497.93
Livepeer (LPT) $ 11.47
WEMIX (WEMIX) $ 0.994409
Holo (HOT) $ 0.002319
Bazaars (BZR) $ 6.64
USDB (USDB) $ 0.997816
QuantixAI (QAI) $ 96.83
Osmosis (OSMO) $ 0.578489
Echelon Prime (PRIME) $ 8.08
Moo Deng (MOODENG) $ 0.401762
Dymension (DYM) $ 1.86
Hashnote USYC (USYC) $ 1.06
Ether.fi (ETHFI) $ 1.92
Amp (AMP) $ 0.004963
EthereumPoW (ETHW) $ 3.65
Qtum (QTUM) $ 3.74
0x Protocol (ZRX) $ 0.462564
Baby Doge Coin (BABYDOGE) $ 0.00000000
Enjin Coin (ENJ) $ 0.220972
Kusama (KSM) $ 25.05
Staked Frax Ether (SFRXETH) $ 3,691.12
cWBTC (CWBTC) $ 1,983.22
Golem (GLM) $ 0.374837
Polygon Bridged WBTC (Polygon POS) (WBTC) $ 98,550.00
Dash (DASH) $ 30.95
Polymesh (POLYX) $ 0.334347
Binance-Peg BUSD (BUSD) $ 1.00
Liquid Staked ETH (LSETH) $ 3,558.52
Siacoin (SC) $ 0.006364
Gigachad (GIGA) $ 0.037919
Basic Attention (BAT) $ 0.240490
Ankr Network (ANKR) $ 0.036056
Verus (VRSC) $ 4.60
ZetaChain (ZETA) $ 0.692298
Manta Network (MANTA) $ 0.927848
OriginTrail (TRAC) $ 0.864056
pumpBTC (PUMPBTC) $ 97,858.00
Fartcoin (FARTCOIN) $ 0.351761
Drift Protocol (DRIFT) $ 1.36
JUST (JST) $ 0.035381
Ravencoin (RVN) $ 0.023798
Non-Playable Coin (NPC) $ 0.043178
PONKE (PONKE) $ 0.627551
SafePal (SFP) $ 0.698834
Creditcoin (CTC) $ 0.857521
Gas (GAS) $ 5.23
Degen (Base) (DEGEN) $ 0.019792
Aevo (AEVO) $ 0.380698
Terra (LUNA) $ 0.489053
Dogs (DOGS) $ 0.000650
Olympus (OHM) $ 20.71
We Love Tits (TITS) $ 0.335665
Solayer Staked SOL (SSOL) $ 268.83
MimbleWimbleCoin (MWC) $ 29.74
Illuvium (ILV) $ 45.87
Sologenic (SOLO) $ 0.816035
ConstitutionDAO (PEOPLE) $ 0.063406
Snek (SNEK) $ 0.004265
Tribe (TRIBE) $ 0.694778
Amnis Aptos (AMAPT) $ 12.54
Metis (METIS) $ 51.37
io.net (IO) $ 2.60
Simon's Cat (CAT) $ 0.000046
aelf (ELF) $ 0.425476
Mantle Restaked ETH (CMETH) $ 3,520.71
Mask Network (MASK) $ 3.09
GMX (GMX) $ 30.81
Telcoin (TEL) $ 0.003835
Apu Apustaja (APU) $ 0.000910
ALEO (ALEO) $ 1.16
MX (MX) $ 3.01
Bridged Ether (StarkGate) (ETH) $ 3,354.67
Threshold Network (T) $ 0.028347
CHEX Token (CHEX) $ 0.277884
SKALE (SKL) $ 0.053377
AltLayer (ALT) $ 0.119252
Nosana (NOS) $ 3.26
Biconomy (BICO) $ 0.298155
Metaplex (MPLX) $ 0.350888
PUPS•WORLD•PEACE (PUPS) $ 0.258903
CoinEx (CET) $ 0.092627
Nexus Mutual (NXM) $ 74.12
Ultima (ULTIMA) $ 6,097.25
Wrapped Beacon ETH (WBETH) $ 3,534.92
Loopring (LRC) $ 0.199131
VVS Finance (VVS) $ 0.000005
Hamster Kombat (HMSTR) $ 0.003822
Moonbeam (GLMR) $ 0.264023
Decred (DCR) $ 14.70
HarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.241493
Quorium (QGOLD) $ 2,714.69
COTI (COTI) $ 0.133966
Aethir (ATH) $ 0.058864
Department Of Government Efficiency (DOGE) $ 0.242250
Galxe (GAL) $ 1.86
ai16z (AI16Z) $ 0.214330
Convex Finance (CVX) $ 2.89
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Solar (SXP) $ 0.380996
Flux (FLUX) $ 0.624241
API3 (API3) $ 2.00
ANDY ETH (ANDY) $ 0.000231
Chill Guy (CHILLGUY) $ 0.231734
Ontology (ONT) $ 0.254450
Kadena (KDA) $ 0.775076
Chia (XCH) $ 16.53
SwissBorg (BORG) $ 0.233447
UMA (UMA) $ 2.74
yearn.finance (YFI) $ 6,819.91
Wrapped Ether (Mantle Bridge) (WETH) $ 3,356.63
Radix (XRD) $ 0.021481
Delysium (AGI) $ 0.179752
Rocket Pool (RPL) $ 10.87
Bitkub Coin (KUB) $ 2.55
Harmony (ONE) $ 0.018346
Gravity (G) $ 0.031080
Banana Gun (BANANA) $ 64.76
Frax Share (FXS) $ 2.58
Sun Token (SUN) $ 0.022178
UXD Protocol (UXP) $ 0.030797
Blast (BLAST) $ 0.009450
Centrifuge (CFG) $ 0.419550
Yield Guild Games (YGG) $ 0.549381
Zignaly (ZIG) $ 0.149026
Avail (AVAIL) $ 0.113296
NEM (XEM) $ 0.023288
VeThor (VTHO) $ 0.002524
Saga (SAGA) $ 1.97
aBTC (ABTC) $ 95,818.00
Treehouse ETH (TETH) $ 3,965.51
Lorenzo stBTC (STBTC) $ 95,083.00
Mythos (MYTH) $ 0.271082
Osaka Protocol (OSAK) $ 0.00000027
Cetus Protocol (CETUS) $ 0.338347
Band Protocol (BAND) $ 1.41
Xai (XAI) $ 0.275078
SPACE ID (ID) $ 0.470404
Casper Network (CSPR) $ 0.016022
SingularityNET (AGIX) $ 0.565797
OUSG (OUSG) $ 108.95
USDa (USDA) $ 1.00
Audius (AUDIO) $ 0.152119
cETH (CETH) $ 67.40
DigiByte (DGB) $ 0.011079
Metars Genesis (MRS) $ 2.27
Chromia (CHR) $ 0.230919
Kamino (KMNO) $ 0.141627
ICON (ICX) $ 0.183039
Tellor Tributes (TRB) $ 71.65
Status (SNT) $ 0.047377
Orca (ORCA) $ 3.54
Hivemapper (HONEY) $ 0.063142
Maple (MPL) $ 23.66
Qubic (QUBIC) $ 0.000002
usdx.money USDX (USDX) $ 1.00
ETHPlus (ETH+) $ 3,431.60
Clearpool (CPOOL) $ 0.251870
Sushi (SUSHI) $ 0.927267
Lisk (LSK) $ 1.09
Renzo Restaked LST (PZETH) $ 3,969.96
Big Time (BIGTIME) $ 0.140790
Constellation (DAG) $ 0.049512
Moonwell (WELL) $ 0.058547
GHO (GHO) $ 0.996954
Gomining Token (GOMINING) $ 0.413828
Cheems Token (CHEEMS) $ 0.00000084
Bybit Staked SOL (BBSOL) $ 270.16
JOE (JOE) $ 0.457793
Oraichain (ORAI) $ 10.07
OKT Chain (OKT) $ 9.30
Slerf (SLERF) $ 0.331268
Arbitrum Bridged USDC (Arbitrum) (USDC.E) $ 1.00
Alchemix USD (ALUSD) $ 0.988099
Across Protocol (ACX) $ 0.375198
sudeng (HIPPO) $ 0.016282
Elixir deUSD (DEUSD) $ 1.00
michi ($MICHI) $ 0.288753
Dolos The Bully (BULLY) $ 0.166561
Pixels (PIXEL) $ 0.205561
Merlin Chain (MERL) $ 0.325850
Rollbit Coin (RLB) $ 0.067431
WAX (WAXP) $ 0.045074
Vanar Chain (VANRY) $ 0.112397
Waves (WAVES) $ 1.57
Kelp Gain (AGETH) $ 3,433.26
Secret (SCRT) $ 0.530695
Instadapp (INST) $ 3.93
H2O Dao (H2O) $ 0.185649
Songbird (SGB) $ 0.009795
StakeWise Staked ETH (OSETH) $ 3,459.06
Blox (CDT) $ 0.223523
Balancer (BAL) $ 2.47
Coq Inu (COQ) $ 0.000002
MVL (MVL) $ 0.005827
SSV Network (SSV) $ 21.06
Ergo (ERG) $ 1.88
Ontology Gas (ONG) $ 0.371542
Horizen (ZEN) $ 9.40
IOST (IOST) $ 0.006876
Powerledger (POWR) $ 0.274828
Open Campus (EDU) $ 0.559815
Marlin (POND) $ 0.017910
IQ (IQ) $ 0.007396
Coin98 (C98) $ 0.161065
Smooth Love Potion (SLP) $ 0.003471
Nano (XNO) $ 1.07
Comedian (BAN) $ 0.142173
Luce (LUCE) $ 0.142040
Origin Ether (OETH) $ 3,350.30
Zentry (ZENT) $ 0.023110
Cartesi (CTSI) $ 0.167955
Purr (PURR) $ 0.234273
iExec RLC (RLC) $ 1.93
Neutron (NTRN) $ 0.488087
Sundog (SUNDOG) $ 0.138726
TerraClassicUSD (USTC) $ 0.024791
Orbs (ORBS) $ 0.031138
Scroll (SCR) $ 0.722670
PAAL AI (PAAL) $ 0.155759
Wojak (WOJAK) $ 0.001963
L2 Standard Bridged WETH (Optimism) (WETH) $ 3,353.14
Ocean Protocol (OCEAN) $ 0.573334
Big Dog Fink (BINK) $ 0.000908
Alephium (ALPH) $ 1.49
DeepBook (DEEP) $ 0.053562
MUMU THE BULL (MUMU) $ 0.000057
Ampleforth (AMPL) $ 1.21
Venus (XVS) $ 8.10
Arcblock (ABT) $ 1.35
Bone ShibaSwap (BONE) $ 0.530882
Spectral (SPEC) $ 9.62
BounceBit (BB) $ 0.320994
BORA (BORA) $ 0.118624
Bridged Wrapped stETH (Gnosis) (WSTETH) $ 3,970.70
CARV (CARV) $ 0.862613
STASIS EURO (EURS) $ 1.04
Cronos Bridged USDC (Cronos) (USDC) $ 1.00
Ozone Chain (OZO) $ 0.201815
TruFin Staked APT (TRUAPT) $ 12.86
BasedAI (BASEDAI) $ 3.56
Taiko (TAIKO) $ 1.56
Pundi X (PUNDIX) $ 0.491094
Goldfinch (GFI) $ 1.47
Autonolas (OLAS) $ 1.79
Kinesis Gold (KAU) $ 87.78
Velo (VELO) $ 0.017025
Spell (SPELL) $ 0.000828
XYO Network (XYO) $ 0.008994
Numeraire (NMR) $ 17.02
Myro ($MYRO) $ 0.124111
Magic (MAGIC) $ 0.453802
Alchemy Pay (ACH) $ 0.025056
BILLION•DOLLAR•CAT (Runes) (BDC) $ 0.123098
Venom (VENOM) $ 0.065533
SmarDex (SDEX) $ 0.013694
Liquity (LQTY) $ 1.26
RSK Infrastructure Framework (RIF) $ 0.121898
CYBER (CYBER) $ 3.94
Kinesis Silver (KAG) $ 32.10
Iagon (IAG) $ 0.319391
Moonriver (MOVR) $ 13.06
My Neighbor Alice (ALICE) $ 1.30
RETARDIO (RETARDIO) $ 0.119526
Bitcoin Wizards (WZRD) $ 5.65
Toshi (TOSHI) $ 0.000281
Acala (ACA) $ 0.103765
Universal ETH (UNIETH) $ 3,604.62
Solana Name Service (FIDA) $ 0.228409
LandWolf (WOLF) $ 0.000130
Dent (DENT) $ 0.001224
Civic (CVC) $ 0.143741
Catizen (CATI) $ 0.559618
NKYC Token (NKYC) $ 28.78
Optimism Bridged WBTC (Optimism) (WBTC) $ 98,691.00
GameBuild (GAME) $ 0.007206
Synapse (SYN) $ 0.519158
Verge (XVG) $ 0.006871
TrueFi (TRU) $ 0.089996
Hive (HIVE) $ 0.245427
Tokenlon (LON) $ 0.977052
Mister Miggles (MIGGLES) $ 0.117269
ARK (ARK) $ 0.606360
Metal DAO (MTL) $ 1.35
TokenFi (TOKEN) $ 0.055723
Pax Dollar (USDP) $ 1.00
Escoin (ELG) $ 0.593749
Steem (STEEM) $ 0.229135
Huobi (HT) $ 0.683863
Ignition FBTC (FBTC) $ 98,952.00
Paycoin (PCI) $ 0.104661
ANyONe Protocol (ANYONE) $ 1.34
MMX (MMX) $ 0.714423
Shentu (CTK) $ 0.783357

Ethereum Devs Close EIP-1559 Loophole That Could Have Overwhelmed Blockchain

By Aleksandr On May 31, 2021

Ethereum developers have fixed a loophole in a forthcoming upgrade that would have left the network vulnerable to fake large transactions.

Scheduled for mid-July, EIP-1559 burns some ETH spent on processing transactions instead of giving it all to miners, as is currently the case. The proposal aims to reduce the volatility of Ethereum’s transaction fee.

Under EIP-1559, users can “tip” miners and the Ethereum network to speed up transactions. To do this, they specify the maximum amount they are willing to pay.

Ethereum Upgrade Could Pump Price By Burning Billions in ETH Each Year

Martin Holst Swende, a Ethereum core developer from Sweden, worked out on Thursday that EIP-1559 placed no limit on the maximum amount a user could pay to speed up transactions.

An attacker could thus insert an absurdly high number to overwhelm the network, even if they didn’t have the funds to pay for the tip.

Related Posts

How Ethereum Can Reach $2 Trillion In Market Cap, Matthew…

Jul 1, 2021

Ethereum Price Analysis: Following a 20% Surge in 3 Days,…

Jun 30, 2021

“Because the fields in 1559 are maximums, you could abuse this, not actually pay those huge gas values, and spam the network,” Ethereum core developer Tim Beiko tweeted Friday.

Prior to 1559, this is not possible because if you want to create a transaction with a huge gas price, you actually _need_ to have that amount of ETH, and if your txn is included, you will _pay_ that amount.

— Tim Beiko | timbeiko.eth 🦇🔊 (@TimBeiko) May 28, 2021

To close that loophole, the developers implemented a solution proposed by Swende: four lines of codes that capped transactions at a limit of 2^256, a widely used cryptographic hash function that also underpins Bitcoin.

On May 14, Ethereum developers agreed to delay until December a “difficulty bomb” that would make the network prohibitively expensive to use.

The difficulty bomb is designed to encourage Ethereum developers to hasten the development of Ethereum 2.0, the long-awaited upgrade to the Ethereum network that would reduce fees and increase throughput.

Ethereum Devs Have Calculated How to Defuse the ‘Difficulty Bomb’

Source

Aleksandr 1790 posts 0 comments

Prev Post

Bitcoin mining difficulty declines by 16% as hashrate drop precedes China’s crackdown note

Next Post

2 Bitcoin price indicators suggest BTC has not bottomed yet

Leave A Reply