Author: dfmines

Cryptocurrency News and Public Mining Pools

This is what I have learnt from a month in this community.

So I am new to Crypto and joined this community a month ago. This is what I have learnt so far. First week: We are in the middle of a bull market. Look at all these charts. It will 100% go on for a long time. Second week: Elon is manipulating the market. Alternatively: Elon…
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How much network traffic can I expect from an Ethereum full node?

I'm thinking of setting up an ethereum full node using a spare computer (512GB SSD + 8GB RAM). I was wondering how much data transfer (internet) would be required on average per day, to see if my current internet plan would be enough. Does anyone have stats about this? submitted by /u/ardula99 [link]…
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Last Night’s Surge

My theory on the pop last night: Because the pop wasn’t showing on platforms outside of Binance.us, no one was placing limitsell orders. There would be 100 shares available at $.11 and then 300 at $.113 and then 50 at $.12. When a large player tried to enter a position (500k coins) they had to…
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EasyFi Looks To Bounce Back; Issues Reinstatement & Interim Compensation Plans

DeFi protocol EasyFi, a multichain layer 2 lending platform, is looking to bounce back in a major way. In public statements released in recent weeks, the company is showing commitment to the protocol, despite suffering a hacking incident last month.  EasyFi started working for reinstatement to start the month, following hard fork and distribution. The […]

What’s the incentive for anyone to maintain an archive node in ETH?

Is there a possibility that we might some day lose the history of Ethreuem – i.e. the Global State at some historic blocks? Like most validators (full nodes) just store the current global state – not the historic ones. What incentive would anyone have to save terabytes of data containing the entire Ethereum history? (More…
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Polygon (MATIC) SDK Arrives: Developers Can Now Deploy Chains to Ethereum

submitted by /u/reincarnatedoldsoul [link] [comments]

ABEYCHAIN – The Next Generation Protocol that Solves the Blockchain Trilemma

Blockchain technology has come a long way since Bitcoin was introduced over a decade ago. While the number of use cases for blockchain technology continues to grow, there is one inherent problem that comes back to haunt the developer community – scalability. Many attempts to solve the scalability issue have ended up compromising speed or […]

US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’

U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating […]

Where is Moonbeam going? Situation Overview

Moonbeam is a blockchain project built back in January 2020 as a way to tackle cross-chain interoperability challenges, it is an Ethereum compatible smart contract parachain on Polkadot. For those who are not familiar with Polkadot, it is a multi-blockchain platform where projects can have their own blockchain designed to meet their specific needs rather […]