Author: Yeek.io

We have launched 5 phases to onboard 100,000 Fizzers into the network. These Fizzers will form the foundation of Spheron, enabling AI from the edge and contributing to network decision-making and operations. The phases are named after celestial bodies in our solar system, symbolizing our vision of a vast, interconnected network of compute nodes, each contributing to a decentralized and self-sustaining ecosystem. Phase Breakdown Phase 1 (5K users) – OG Fizzers: Like the sun as our original source of energy, these pioneers illuminate the path for future Fizzers. ✅ Phase 2 (next 25K users) – Lunar Fizzer: Like the moon’s…

In a newly released video titled “The next steps for Hydra,” Cardano founder Charles Hoskinson outlined the trajectory of the Hydra scaling solution and provided insights into how independent companies will soon spearhead fresh developments in the ecosystem. The announcement comes shortly before the Hydra Doom initiative’s official conclusion, which will be marked by a tournament in Las Vegas on January 20. Next Steps For Cardano’s Hydra According to Hoskinson, Hydra Doom began last year to demonstrate Hydra’s capabilities under extreme conditions. He explained the rationale for using a classic video game as the testing ground: “We chose a video…

Bitcoin has been on a rollercoaster ride lately. It finally broke through the $100K mark in early December and peaked at $108K on December 17. But it’s been slightly downhill for the $BTC price since then, starting this week off at around $98K.  And now, a recent announcement by the US Department of Justice (DOJ) has seen Bitcoin take a rough tumble, down to $93K. The DOJ has been given the green light to sell 69,370 $BTC (around $6.5M) that had been seized from a darknet marketplace.  Source: CoinMarketCap Reportedly, concerns regarding Bitcoin’s volatility have been cited by the DOJ…

Implementation bug in the go client leads to steady increase of difficulty independent of hashing power. Affected configurations: All Go client versions v1.0.x, v1.1.x, release and develop branches. The bug was introduced in a recent update and release through commit https://github.com/ethereum/go-ethereum/commit/7324176f702a77fc331bf16a968d2eb4bccce021 which went into the affected client versions. All miners running earlier mentioned versions are affected and are advised to update as soon as possible. Likelihood: High Severity: Medium Impact: Increase in block time will lead to an exponential increase in difficulty Details: A bug in the go client leads to steady increase in difficulty in the following block, as…

Homepage > News > Business > BTC miners end 2024 on a bubbly high, but uncertainty awaits Block reward mining got a little closer to profitability in December, but those who buy more BTC than they mine are already underwater on their latest purchases. BTC miners closed out 2024 on a relatively high note, thanks to the token’s fiat price spike over the last two months. However, the token has since surrendered some of those gains, while mining difficulty continues to set new all-time highs, rising by one-third since Donald Trump was elected U.S. president on November 6. Mining is…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world of decentralized computing stands at a critical juncture. Chain diversity, while impressive, has presented users and developers with a fractured world of options that are not as scalable or dependable as they need to be in order to support the next generation of applications.  While L2 solutions have driven significant progress in addressing scalability issues, they are nothing more than a plaster that has inadvertently created yet another fractured ecosystem of siloed chains. This paradox…

Ethereum’s recent price action has revealed critical support and resistance levels that traders should monitor. As ETH broke below the $3,593.46 support, Open Interest in Ethereum Futures contracts initially rose.  Ethereum [ETH], the second-largest cryptocurrency by market capitalization, has recently broken below a key support level, sparking concerns among traders. With Bitcoin [BTC] undergoing its own correction, Ethereum has shown signs of further retracement.  Analysts are eyeing $2,809 as a potential accumulation zone before a possible rebound. This setup suggests that a deeper correction might occur before the bullish momentum resumes.  Support and resistance levels Ethereum’s recent price action has…

Follow Nikolaus On 𝕏 Here For Daily Posts In less than two weeks, the United States will have a new administration in office, but there’s already much debate about President-elect Donald Trump and his policies.One of the most controversial — his expressed interest in purchasing Greenland for strategic, economic and political reasons.Trump claims that buying Greenland would be vital to U.S. national security, both for monitoring and defense purposes given its location near Canada and Russia, as well as its energy.On that note, Greenland is of interest given its vast amount of natural resources in hydropower, wind power, geothermal energy, and rare…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

To the wonderful Ethereum Community, You often heard me say at conferences that Ethereum was not a company, a foundation, an implementation, or an individual. Ethereum is both an idea and an ideal, encompassing the first censorship-resistant network build specifically to enable those who need it the most to safely trade, privately self-organise and freely communicate, rather than relying on the crippled walled garden handed out by the powers that be. Due to divergence in personal values, Eth/Dev and I have mutually decided to part ways. I of course intend to continue promoting the Ethereum ideals and bring about a…