$83,954.00
2.17%$1,863.81
2.86%$2.14
2.68%$608.30
2.15%$127.60
2.78%$1.00
0.01%$0.170746
4.47%$0.673767
4.59%$0.233716
0.08%$1,861.49
2.77%$83,845.00
2.37%$4.11
4.37%$13.97
5.67%$9.35
2.81%$0.272544
2.69%$19.44
4.26%$2,237.14
3.17%$0.999762
-0.03%$2.39
7.70%$0.00001275
4.86%$0.168281
5.10%$4.19
4.15%$84.21
2.41%$6.28
0.44%$312.00
4.54%$4.60
3.85%$1,860.29
2.65%$0.999454
-0.04%$0.999744
0.01%$0.705813
0.59%$13.49
5.90%$1,978.81
2.85%$28.29
0.28%$217.98
1.04%$6.12
4.05%$5.35
2.91%$0.00000751
6.82%$2.63
3.56%$1.045
0.03%$48.21
1.25%$22.60
2.39%$0.100968
2.35%$83,917.00
2.09%$33.48
0.82%$0.790384
0.88%$5.41
4.34%$0.997539
-0.10%$16.91
1.47%$0.800264
4.24%$165.84
6.25%$1.17
0.21%$10.19
0.90%$0.02306005
2.66%$4.45
3.85%$227.14
4.67%$1.00
0.00%$3.63
7.17%$0.355378
1.38%$2.87
4.23%$3.11
-1.62%$83,879.00
2.11%$0.203424
0.08%$0.067151
5.19%$4.02
-0.07%$0.509742
7.94%$0.186275
5.19%$0.333814
2.67%$10.93
-1.33%$83,642.00
1.86%$0.473741
4.51%$0.750523
1.75%$4.68
-4.83%$0.42031
-5.96%$1,934.44
2.66%$1,336.85
3.14%$1,861.99
2.69%$0.069041
1.14%$1.071
2.13%$0.685522
8.53%$132.86
2.38%$71.07
4.96%$0.409848
0.91%$0.998045
-0.16%$0.787703
2.33%$0.533628
0.44%$0.622985
2.43%$2,105.01
2.55%$0.00001173
6.33%$0.99767
0.01%$8.90
3.15%$0.09079
4.44%$0.999341
-0.03%$0.173473
1.57%$0.839195
4.28%$0.01369895
1.14%$1.00
0.02%$0.88994
3.40%$7.31
9.16%$3,167.32
0.16%$13.00
-26.23%$82,604.00
1.06%$607.48
1.95%$0.999881
0.05%$2.35
5.51%$1,974.78
2.42%$0.01581081
4.10%$0.52912
16.29%$0.664551
2.74%$3,151.59
0.28%$83,597.00
1.91%$0.275181
2.17%$1.00
0.03%$0.524409
15.21%$0.00000066
0.11%$32.22
3.27%$0.172755
2.89%$39.43
3.02%$1.00
0.05%$163.13
2.38%$0.389448
2.89%$0.104193
2.18%$1.94
-1.16%$0.00005923
2.55%$1,937.96
2.62%$3.06
0.58%$7.35
9.15%$139.99
2.84%$0.01112691
5.03%$16.15
3.89%$0.999862
0.06%$0.144998
3.48%$0.075378
0.06%$0.51535
30.77%$1.77
5.26%$0.650865
4.49%$0.497822
1.22%$0.997335
-0.00%$0.530399
26.75%$1.77
7.01%$82,846.00
2.13%$2.97
2.43%$0.999987
0.03%$1.00
0.00%$0.249338
1.73%$2.86
12.59%$16.34
2.24%$27.89
-0.97%$0.00488212
13.94%$0.152751
1.61%$1,975.04
2.52%$0.170338
4.21%$0.705743
2.10%$48.18
24.06%$0.397185
-7.24%$0.00000043
0.87%$83,940.00
2.23%$0.425639
-0.16%$1.19
6.56%$1.00
0.05%$6.41
1.68%$0.0440144
5.12%$83,478.00
0.09%$1,861.38
2.64%$1.001
0.10%$1.081
-0.06%$0.080638
1.11%$110.52
0.02%$1,860.30
2.63%$1,862.63
2.71%$0.00001985
0.75%$1.094
-0.57%$0.483523
2.59%$0.588269
0.40%$5.38
7.69%$1,940.85
2.64%$83,718.00
2.21%$0.00708059
0.67%$0.00653346
5.67%$0.181817
6.53%$0.204469
0.47%$0.446373
2.22%$0.854699
0.37%$0.375171
3.22%$0.999171
-0.03%$1.001
-0.23%$1,869.79
3.56%$1,890.37
3.14%$0.00531191
-3.99%$0.583719
0.76%$0.00006004
0.18%$0.00387951
1.48%$0.99703
-0.42%$0.00000157
-2.13%$1.50
9.08%$0.03193404
6.00%$120.30
0.62%$2.76
1.29%$0.03078625
0.72%$0.00910546
-3.92%$1,842.31
2.98%$0.241907
1.47%$1.24
4.16%$1,864.47
2.81%$0.247959
3.53%$3.67
1.21%$1.16
0.42%$0.00046883
32.25%$0.637047
3.01%$22.60
3.45%$2.88
1.89%$83,881.00
2.31%$0.999083
-0.02%$1,977.80
3.58%$0.192797
2.75%$16.15
3.40%$3,131.52
0.61%$83,647.00
1.84%$2,036.95
2.80%$0.259632
1.32%$0.510508
3.26%$0.750325
-0.72%$1.044
1.48%$2,021.39
2.76%$0.066669
0.82%$0.108166
3.74%$0.999053
-0.02%$0.117874
0.90%$0.00325554
7.14%$0.00270828
8.48%$0.533592
8.44%$0.03451598
0.42%$0.08116
-2.48%$1,860.22
2.92%$0.02971148
1.26%$1,685.32
2.13%$0.00225747
-0.28%$20.71
3.66%$0.289556
-1.04%$0.01146937
2.80%$0.922995
0.33%$0.02943289
1.60%$0.085067
10.24%$0.527567
2.94%$0.649589
4.38%$0.00474193
2.13%$0.00241903
2.06%$2.17
-0.69%$3.71
7.99%Reading
Ethereum developers agreed on Friday how to delay a “difficulty bomb” that, if left unattended, would start to slow down the Ethereum network this summer.
The difficulty bomb is an old piece of code that makes mining on Ethereum slower—and less profitable—over time by exponentially increasing the lag between the production of each block.
The bomb was planted in 2015 to incentivise devs to implement Ethereum 2.0.
Given that the amount on hashrate on the network can influence the bomb, James said we should re-run the script in a few months to make sure we're still on track. I will do date in ~2 months 💣👀
— Tim Beiko | timbeiko.eth 🦇🔊 (@TimBeiko) May 14, 2021
Ethereum 2.0 switches the network from proof-of-work (PoW), a way of validating transactions with powerful mining computers, to proof-of-stake (PoS), which rewards those who pledge coins to the network.
It takes an average of thirteen seconds to mine a block on Ethereum right now. Without delaying the bomb, it would take more than twenty seconds to validate a block by the end of the year.
On Friday, Ethereum developers agreed on how many blocks were necessary to delay the bomb until December.
The calculation for the delay was proposed by Ethereum core developer James Hancock. “The bomb’s always there, and we defuse it by turning the blocktime back just for the bomb,” he told Decrypt. Hancock’s proposal delays the bomb by 9,700,000 blocks.
Tim Beiko, an Ethereum core developer, told Decrypt that developers dismissed a proposal to delay the bomb to next spring. That won’t be necessary, he said.
Ethereum developers expect that by December, the network will update to allow Ethereum 1.0, the network that relies on PoW, to communicate with Ethereum 2.0, the new network that relies on PoS. This is known as the Merge.
“If the Merge is ready by December, we won’t need to do anything about the bomb because we will move away from mining entirely,” Beiko said.
Should plans for the Merge remain unimplemented, Ethereum’s Shanghai fork, expected to go live in October, will delay the difficulty bomb once again. The bomb has been delayed three times so far: first in October 2017, then in February 2019 and finally in January 2020.
A member of the California State Assembly has introduced an amendment to a recently introduced money transmission bill that would protect the ability of state residents to use cryptocurrencies as a means of payment. First introduced by Democrat Senator Laura Richardson on February 20 as the Money Transmission Act, the bill had been concerned primarily with requiring digital wallet providers operating in California to “take certain actions” to ensure the security of their products, including the...
OpenAI said Monday it has secured an additional $40 billion in funding to support research and development, as the tech powerhouse looks to strengthen its lead in the artificial intelligence sector. Japanese conglomerate SoftBank led the funding round, as well as contributions from other investors, including longtime partner Microsoft, OpenAI said in a blog post. Decrypt has reached out to learn more. OpenAI Plans to Release ‘Open-Weight’ Model with Reasoning Capabilities The announcement comes...
Donald Trump Jr. and Eric Trump have teamed up with Bitcoin mining heavyweight Hut 8 to launch American Bitcoin, a new industrial-scale mining firm that plans to become the “world’s largest and most efficient Bitcoin miner.” Announced on March 31, the venture was born out of a strategic deal in which Bitcoin mining company Hut 8 contributed the majority of its mining hardware to American Data Centers Inc., a company backed by the Trump sons. The firm was then rebranded as American Bitcoin—a majo...
