Author: Yeek.io

*This is part #1 of a series where anyone can ask questions about Geth and I’ll attempt to answer the highest voted one each week with a mini writeup. This week’s highest voted question was: Could you share how the flat db structure is different from the legacy structure?* State in Ethereum Before diving into an acceleration structure, let’s recap a bit what Ethereum calls state and how it is stored currently at its various levels of abstraction. Ethereum maintains two different types of state: the set of accounts; and a set of storage slots for each contract account. From…

Spectra, a decentralized yield trading and yield farming protocol, has surged over 600% in total value locked (TVL) in December, hitting a record $143 million on December 30, as per DefiLlama. After retiring its project in Q1 2023, Spectra became dormant for more than a year. It launched its v2 protocol in June 2024 and has expanded since then. Spectra is a multi-chain, EVM-focused protocol for interest rate derivatives. It allows users to separate yield from principal assets, tokenize it, and leverage it for trading or other DeFi activities. Today, the most popular platform for yield tokenization and trading is…

Homepage > News > Business > DeFi hacks of 2024 This year, an estimated $1.27 billion was stolen from digital currency exchanges and decentralized finance (DeFi) protocols, and that number rises even higher when you account for the unreported breaches that took place. Source: DeFiLlama These breaches not only highlighted systemic weaknesses in many DeFi protocols but also called into question many of the industry’s startups’ ability to secure users’ funds. Unfortunately, this shows that some corners of the industry have a long way to go when it comes to security and earning public trust. Initially, I planned to discuss…

Ethereum, which has seen a significant jump in long-term holders in 2024, could potentially rally to as high as $6,000 in Q1 2025, according to analysts. In a Dec. 29 X post, CryptoBullet, who has over 152k followers, noted that Ethereum is in the process of forming a bull pennant pattern on the 1-day ETH/USDT chart. He expects this pattern to be completed in the coming months, potentially leading to a massive surge to as high as $6,000 within Q1 2025. In technical analysis, a bull pennant pattern forms after an asset experiences an uptrend and typically indicates a potential…

On December 5th, we held our very first Hyperledger Web3j Summit, bringing together a vibrant cross-section of the community—from seasoned contributors and enterprise users to new enthusiasts curious about integrating Ethereum functionality into their Java and Android applications. As a maintainer of Hyperledger Web3j, an LF Decentralized Trust project, I was excited to see participants share insights, raise important questions, and offer new ideas to drive the project forward. Who Joined Us? The summit welcomed attendees from various backgrounds, each contributing unique perspectives: Core Impressions and Takeaways A few key themes emerged during the summit: Improved Mobile Integration:Attendees, particularly those building…

Journalist Posted: December 29, 2024 Market sentiment around Chainlink remained bearish despite a price hike in the last 24 hours.  If market indicators are to be believed, LINK might first target $29.  After a red weekly chart, Chainlink [LINK] once again turned bullish as its daily chart turned green. Therefore, AMBCrypto dug deeper and assessed the token’s on-chain data to find where it can reach in 2025. Chainlink bulls are back in action! As per CoinMarketCap’s data, LINK’s price dropped by 1.2% in the last seven days. But LINK bulls stepped in the last 24 hours as the token’s value…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI emerges as a serious contender in the crypto market, combining real-world utility and sustainable growth potential to outshine meme coins like PEPE. The crypto market thrives on innovation and speculation, with every bull run bringing new contenders eager to challenge established players. Among them, Lightchain AI (LCAI) is already making waves with its new approach, and its Lightchain AI Presale is now open to early adopters. Unlike traditional memecoins like PEPE, which gained massive popularity during the…

Testnets, testnets, testnets! tl;dr Medalla testnet Following the excellent stability of Altona and based on conversations with eth2 client teams, Medalla – the next multi-client testnet – will have a MIN_GENESIS_TIME of 1596546000 (or for those of you that don’t think in unix time — August 4th, 2020, 1pm UTC)! This is a major step up from Altona in the sense that Medalla is a testnet built for and maintained by the community. The multi-client testnets prior to Medalla were considered “devnets”, run primarily by client teams and members of the EF (see the Altona section of my last post…

In October 2024, CEO Lado Okhotnikov announced the launch of a clicker game Crystal Kami in the Holiverse metaverse. The player’s task is to take care of a pet, solving puzzles and completing mini-games. As you complete tasks, the secrets of magic crystals are gradually revealed. Completing quick tasks brings additional bonuses, speeds up progress and promotes pet evolution. According to the legend, a distant star exploded, its fragments scattered across the universe, and two of them gave birth to two cute creatures — a smart cat and a loyal dog. One of them can become a player’s companion in…

Losses in the Crypto Industry from 2021 to 2024. Source: Chainalysis In some cases, project creators themselves have exploited the absence of centralized oversight to execute rug pulls, where they abandon a project after draining its funds. The anonymity that decentralization affords, while valuable for privacy, also makes it easier for bad actors to disappear without accountability. RELATED: The Impact of Crypto Scams on the Market The growing prevalence of hacks and scams poses existential questions for the crypto industry. If users cannot trust decentralized platforms to protect their assets, the appeal of decentralization diminishes. Overcoming Barriers to Decentralization While…