Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto Fork
Ethereum Bug on Its Old Client Geth Leads to A Fork
Ethereum’s top software client, Geth, suffered an EVM bug attack affecting over half of its older nodes. This attack further led to a split on the chain, forming a fork. According to the report released on Go Ethereum GitHub on Tuesday, Geth v1.10.8 would be the hotfix to deal with the bug attack. As per statistics from Ethernodes, Geth runs approximately 75% of Ethereum nodes. The number makes up for at least 54% of Ethereum nodes affected by the EVM…
4 years ago
Telegram’s TON is Over: What Happens to the Blockchain Project Next?
On May 12th, 2020, Telegram founder and CEO Pavel Durov announced the Telegram Open Network (TON), the messaging company's highly anticipated blockchain platform. The news that Telegram had been forced to abandon its TON project symbolized sustained pressure from regulators in the U.S to impede social media-backed cryptocurrency ventures. That said, the project's source code remains freely available on Github, so other developers can technically use it to develop their version of the Telegram Open Network. The original TON development…
5 years ago
What is a Fork? – Beginner’s Guide to ‘Forking’ on the Blockchain
Fork! The name itself sounds kinky. But it is what it is. In technology lingo, the word Fork describes anything diverging or cut off from existing software or code. But gradually, the definition has become much broader than it was initially used for. To fork means to change, differ, or diverge from something already existing, either upgrading and leaving the old stuff behind or starting something entirely new based on the previously existing rules. When it comes to ‘forking’ on…
5 years ago