A lot of important progress on Frames (EIP-8141) has been quietly happening over the last few months. Highly recommend reading this, also the updated EIP https://t.co/jYqeS55j6P
https://t.co/CPYONKnWZc
Raoul Pal: “The entire banking system will go to ETH”
Raoul explains:
“I find it hilarious that 1.5-2 years ago people were like, ‘ETH is dead.’ I’m like, 'No, the entire banking system will go to ETH.' That doesn’t mean it’s a mono-chain world, but I know how banks work… It’s really for them about Lindy effects — things that survive; things that you don’t get fired for; things that are proven — because nobody wants to lose their jobs over new technology.”
Etherealize co-founder Danny Ryan adds to Raoul’s point:
“I had to learn this. We’ve worked for a decade to make sure Ethereum is resilient, multi-client, is distributed across the world, has 100% uptime. And I had no idea until I talked to the banks: I’ve found a customer of decentralization. They just don’t know it. They care about uptime. They care about resilience. They care about the thing that’s been around for the longest. They care about the thing that no one can turn off. You just have to translate the language to them. And yes, the ‘no one gets fired for picking Microsoft’ dynamic is very real, and it’s in Ethereum’s favor.”
Raoul points to Ethereum’s developer network effect as well.
🚨 BREAKING: BlackRock has filed to allow in-kind redemptions for its Ethereum Trust 🔥
This means direct $ETH buybacks — not just cash.
Translation:
BlackRock is preparing to settle in real ETH.
Supply shock loading… 🧱🚀
Zilliqa 2.0 Weekly Progress Update - May 12th:
🧪 The resumed testing of reward claiming has confirmed that very large Scilla transactions can still lead to network stalls under specific conditions. This behaviour reinforces previous findings from testing on proto-mainnet, and extending the p2p timeout did not entirely fix the issue.
🔍 The core engineering team has identified several mitigation strategies to address the issue above. Each approach requires further validation through targeted testing to ensure network stability and performance.
📆 As a result, the Zilliqa 2.0 launch timeline has been adjusted and the launch will be postponed by around two weeks. We will share the updated block numbers at which the legacy testnet and mainnet will stop processing transactions soon.
We remain committed to a secure and stable rollout of Zilliqa 2.0 and thank you for your continued patience and support.
0/ the biggest ethereum upgrade since the merge is coming.
and this time, you’ll feel it.
it’s called pectra and here’s why it matters
a guest thread by @binji_x ↓