Author: Kryptonews

In brief The design would eliminate the need to store a full copy of the Ethereum blockchain, making node operation accessible to average users. The new approach would also let nodes track only data relevant to the user while verifying other information on demand. It aligns with Ethereum’s latest Pectra upgrade, with the goal of making nodes lightweight enough to run on consumer devices. Ethereum co-founder Vitalik Buterin wants to make it easier for average users to run Ethereum nodes by changing how they sync with the network, using regular consumer hardware.On Ethereum, a node can be built on any…

Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version 2.0 of the Rulebooks. The regulator said it had strengthened controls around margin trading and token distribution services, harmonised compliance requirements across all licensed activities and given clearer definitions for collateral wallet arrangements. VARA’s team will engage with licensed entities and expects the companies to comply with the updated rules after a 30-day transition period.“In line with global regulatory best practices, a…

What Are Decentralized vs Centralized Systems? Before diving into blockchain types, understanding the core concepts of decentralized and centralized systems is crucial. A centralized system operates under a single authority or point of control, where decisions and data management are handled by a central administrator. In contrast, a decentralized system distributes control among multiple parties, ensuring no single entity dominates operations or data. Public Blockchain: A Decentralized Network Key Features of Public Blockchains Public blockchains are fully decentralized, permissionless, and open-source. Anyone can join, read, write, and audit transactions without needing permission. Their design enables transparency and security through cryptography,…

Ethereum co-founder Vitalik Buterin has submitted a new proposal to make the blockchain network’s nodes more efficient and accessible.In a May 19 research blog post, Buterin argued that the network’s long-term health depends on users’ ability to run personal nodes, which is becoming increasingly complex due to rising storage and bandwidth requirements.According to Buterin, Ethereum nodes serve as critical infrastructure for the blockchain. They store transaction data, validate activity, and help maintain decentralization.However, running a full node has become resource-intensive as the network scales, pushing many users to rely on centralized Remote Procedure Call (RPC) services because:“The overhead is impractically…

The following is an update from Next Billion Fellow Mulenga Kapwepwe and her initiative “Summitshare”. For more about the Next Billion Fellowship Program and to apply, please visit https://nxbn.ethereum.foundation/. Mulenga Kapwepwe, founder of the Women’s History Museum of Zambia posed a question in 2022 to a small group of younger tech enthusiasts in Zambia: Can something called “blockchain technology” offer any new usefulness for the preservation of history? She had started a new initiative aimed at digital humanities, and engaging with young people excited by technology who might want to apply their talents to the world of arts, culture, and…

“Crypto: The World’s Greatest Scam” is a crypto documentary that was released on January 1st, 2023. Created by James Jani, a documentary maker with more than 2M followers on YouTube, the video tries to guide you through the complex world of cryptocurrencies.An industry where, according to James, digital revolution, money, web3, digital art, and influencers merge in one place to give as a result the ultimate scam scheme.https://www.youtube.com/watch?v=ORdWE_ffirg&t=27sThe filmmaker uses suspense, crime drama, undercover agents, and scandal stories related to the crypto world to gain the audience’s trust.What happens when a YouTube cryptocurrency documentary film with 6 million views becomes…

As June approaches, crypto investors are looking to secure positions in the most promising presales before prices climb. With early-stage access often delivering the highest returns, attention is now focused on three standout contenders: Punisher Coin ($PUN), BlockDAG, and Quebetics. While each project brings unique value to the table, only one, Punisher Coin, which launched its Stage 1 presale today (May 19), offers immediate upside at the lowest available entry price. With the token priced at $0.00003 and demand rising across Telegram and Twitter, $PUN is fast emerging as a top crypto presale to buy before June. PUNISHER COIN IS…

The Promise of Blockchain Over Traditional Databases Blockchain technology has emerged as a disruptor in how data is stored, secured, and shared. Compared to traditional databases, blockchain offers unique advantages—decentralization, immutability, and enhanced security—that make it an attractive alternative for specific use cases. However, whether blockchain will fully replace traditional databases depends on several factors, including efficiency, scalability, and cost-effectiveness. Key Advantages of Blockchain Over Traditional Databases Decentralization and Trustlessness Traditional databases are typically centralized, controlled by a single entity, and vulnerable to censorship or manipulation. Blockchain, on the other hand, operates on a distributed ledger system, where data is…

Bitcoin can seem intimidating at first glance, filled with complex jargon and technical terms. However, the core concept is surprisingly straightforward. This simple guide will break down the basics of Bitcoin for beginners, demystifying the crypto world one step at a time. What Exactly is Bitcoin? Imagine a digital form of cash that isn’t controlled by any bank or government. That’s essentially what Bitcoin is. It’s a decentralized digital currency that allows individuals to send and receive money directly, without intermediaries. This peer-to-peer system relies on a technology called blockchain, which is a public and transparent ledger of all Bitcoin…

To get the show every day, follow the podcast here.On “Markets Daily,” host Jennifer Sanasie chats with Julius de Kempenaer, senior technical analyst at StockCharts.com, about crypto market structure, altcoin performance, and his near-term performance outlook for bitcoin.-Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. Register now at consensus.coindesk.com.This episode was…