Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories in the development of cryptocurrency technology. I am Margaux Nijkerk, the reporter of the Ethereum protocol in the Coindesk technological team.
In this number:
- Ethereum activates the ‘sin’ update, raising maximum participation at 2,048 eth
- Bitcoin developer plan op_return elimination limit in the next version
- Sam Altman’s World Crypto project is launched in the US
- Aztenet’s privacy roll arrives in Testnet in the midst of a growing demand
Network news
Pectra will finally live in Ethereum: Ethereum activated his long -awaited “sin” update on Wednesday, marking the most significant review of the block chain from the merger in 2022. The update aims to speed up the bet, improve the functionality of the wallet and improve the general efficiency. He arrives as Ethereum holds with growing competition and internal debates about his direction. A key element of the update implies increasing the amount of ETH, one can participate from 32 to 2,048. This change could help accelerate and rationalize operations for Stakers, the vast network of companies and individuals that help keep the Ethereum network afloat. Previously, the scale rethink required to configure multiple validators; Now, stakers can consolidate up to that amount under a single node. – Margaux Nijkerk Read more.
Bitcoin Core Devs to eliminate the op_return limit, triggering the debate: Bitcoin’s Op_return debate is heated, since Bitcoin Core developers, the most popular node software, said they plan to completely discard OP_RETURN in the next release. The op_return limit is a limit of 80 bytes in the amount of arbitrary data that can be integrated into a bitcoin transaction using a special and indisputable output field. The debate focused on raising the limit of 80 bytes op_return promotes transparency and simplifies the use of data in Bitcoin, or if it opens the door to abuse, spam and a change in the Bitcoin financial approach. – Sam Reynolds Read more.
Worldcoin reaches 6 American cities: The Sam Altman Blockchain project, World, will be launched in the United States, and said it intends to implement 7,500 “orbs” in cities around the country by the end of the year. World Orbes (chrome, bowling balls that scan a person’s eye balloons to confirm their identity) will initially be available to Americans in six “key innovation centers,” said the company: Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco. Those who decide to take the step and look at orb will get access to world application and receive an Airdrop from Token Wld in the world. At the end of the year, the project aims to have enough orbs extended by the United States to give 180 million Americans, more than half of the population, access to the world network. Cheyenne Ligon and Margaux Nijkerk Read more.
After 8 years, Aztec Testnet is live: Aztec, a curled up layer 2 centered on privacy, shared that his netnet has finally left live. The announcement occurs when a wave of new privacy -focused solutions begins to capture the interests of large institutions that need confidentiality with large lots of transactions. The team behind Aztec said they have been working on the product for more than 8 years, bringing avant -garde technology one more step to the Nent. – Margaux Nijkerk Read more.
In other news
- Movement Labs, the developmental firm of the movement network, has renamed the “Movement Industries” and has reduced ties with co -founder Rushi Manche after the controversy surrounding the non -reveal token token agreements. The announcement was produced through the company’s X. The decision follows a Coendesk report that first revealed secret agreements between the entities linked to the movement and market manufacturers during the launch of the project token. – Shaurya Malwa Read more.
- The price of gold has increased almost 29% this year, solidly exceeding 3.8% in Bitcoin (BTC). Even so, that could not dissuade investors eager to add the largest cryptocurrency to their portfolios. Bitcoin ETF (Ibit) of Blackrock has attracted a net of $ 6.96 billion in tickets since the beginning of the year, the sixth largest amount of all the funds quoted in the stock market, according to data from the Senior ETF analyst of ETF of Bloomberg, Eric Balchunas. SPDR Gold Trust (GLD), the physically larger gold ETF in the world, fell to position number seven on Monday with net tickets of $ 6.5 billion. The superior IBIT performance indicates the persistent confidence of institutions in Bitcoin’s long -term perspectives despite the relatively DOUR prices. – Omkar Godbole Read more.
Regulatory and political
- Democrats in the United States representatives derailed what was supposed to be a joint audience on cryptography policy efforts on Tuesday, insisting that the personal cryptographic treatment of President Donald Trump were too urgent to allow another discussion on the industry regulations instituting. – Jesse Hamilton Read more.
- New Hampshire has become the first state to allow the investment of its public funds in cryptographic assets with its governor signing the new law on Tuesday. The State beat others of others this year, since what began as an increase in state legislator Momentum had found obstacles in recent weeks. As the first to authorize his treasurer to establish this reserve, New Hampshire could also beat the United States government to form a reserve. – Jesse Hamilton Read more.
Calendar
- May 14-16: Consensus, Toronto
- May 19-23: Solana Accelerate, New York City
- May 20-22: Avalanche Summit, London
- May 27-29: Bitcoin 2025, Las Vegas
- May 27-29: Ethprague, Prague
- June 8-22: Berlin Blockchain Week, Berlin
- June 30 to July 3: Ethcc, Cannes
- September 22-28: Korea Bloquchain Week, Seoul
- October 1: Token2049, Singapore
- December 11-13: Solana Breakpoint, Abu Dhabi
