Altcoin News Daily Official TheBitTimes.com

1. Ethereum Foundation team debates MEV and liquid staking link Peter Szilagyi, head of the Ethereum Foundation team, and Dankrad Feist, creator of Danksharding and Ethereum Foundation researcher, engaged in a debate on MEV and scalability issues. Szilagyi argued that MEV is an attack on Ethereum, and instead of combating it, they have opted to share the profits with enough people to keep the majority silent. He further stated that liquidity staking is another attack on Ethereum, and rather than addressing it, they have promoted various cascading staking solutions, allowing everyone to choose their own “poison.” Regarding state growth, they are developing stateless validation to satisfy those who “stake their money,” while others can use certain providers who essentially have no say. On the other hand, Feist expressed that many in their community are swimming against the current, enduring significant pressure to oppose participation by large ecosystem players, yet striving to maintain ...

Parcl, a pioneering Solana-based platform, aims to revolutionize the real estate market by introducing liquidity to this traditionally illiquid asset class. It created a comprehensive real estate index with a marketplace that facilitates browsing of global real estate indices and cross-margin perpetual contract trading. Having raised $11.6 million through two financing rounds, Parcl demonstrates a significant interest from investors. In a conversation with co-founder Kellan Grenier, we explore the platform’s technical framework, its approach to overcoming real estate challenges, and its strategy for future token issuance, offering insights into both the innovative potential and the complexities of modernizing real estate transactions with blockchain technology. The views expressed by the interviewee are personal opinions and do not represent the views of WuBlockchain or constitute any financial advice. Readers are advised to strictly comply with local laws and regulations. Audio-to-tex...

1. Australia-headquartered Iris Energy has bought another 1.3 EH/s of Bitmain’s Antminer T21 model. The bitcoin mining company said the preorder has a similar term to the previous purchase of 1.4 EH/s in October, wherein 20% of the $18.6 million contract is financed by the manufacturer and won’t be due until a year after shipment. Read more 2. Bitmain-affiliated Antpool has overtaken Foundry USA as the largest bitcoin mining pool in terms of monthly blocks mined for the first time since January 2022. Antpool mined 1,219 blocks in November, slightly surpassing Foundry USA’s 1,216 blocks mined and reaping total rewards of 8,672 BTC for its miner clients. Read more 3. Bitfarms announced that in November 2023 they mined 392 BTC and sold 350, generating a total revenue of $12.8 million USD. The hashrate for that month increased by 2% to 6.4 EH/s, and it is expected to rise by 88% to 12 EH/s in the first half of 2024. They also finalized a contract to increase the capacity of their Paraguay...

Author：0xMingyue Editor：Colin Wu 1. The Mainland of China’s Weekly Summary 1.1 The People’s Bank of China’s Financial Stability Report Significantly Discusses Cryptocurrencies link The People’s Bank of China has released the “China Financial Stability Report 2023,” dedicating a substantial section specifically to “Cryptocurrency Assets.” It emphasizes the principle of “same business, same risk, and same regulation,” outlining the need to regulate crypto currency assets in proportion to their risk levels. The report aims to minimize regulatory data gaps, reduce regulatory fragmentation, and eliminate regulatory arbitrage. Additionally, there is a separate section discussing the Financial Stability Board’s (FSB) approach to regulating crypto currency assets. 1.2 Regulations on the Administration of Online Games’ Requires the Use of Real-Name Digital RMB Wallets for Game Coin Transactions link The National Press and Publication Administration of China has released a draft for soliciting o...

1. ETHW: To Dissolve Core Development Team, Existing Servers to Temporarily Transition to OneDao for Transitional Maintenance link The Ethereum fork network ETHW (EthereumPoW) has issued a statement announcing the dissolution of the ETHW core team. The declaration expresses a unanimous decision to disband the core development organization based on the majority consensus. This includes the dissolution of the ETHW core development team, aiming for complete autonomy, a commitment to Proof of Work (PoW) as the fundamental consensus mechanism, and the long-term maintenance of this approach. The network also embraces decentralized governance, striving to become a deity-less public chain. Additionally, existing servers will undergo a transitional maintenance phase on OneDao temporarily until a long-term ecosystem partner is confirmed. 2. Worldcoin Discontinues Orb Verification Service in India, Brazil, and France link Worldcoin will no longer offer its Orb verification services in India, Braz...

Author: defioasis On November 21, coinciding with the announcement of the end of Blur S2 and the start of S3, Blur’s founder Pacman launched Blast, an OP Rollup-based layer2 with inherent ETH and stablecoin yields, along with the BLUR staking system. Blast secured $20 million in funding from investors including Paradigm and Standard Crypto. Utilizing an invitation mechanism and a point system that rewards transparent airdrops, by November 26, in less than six days, Blast had accumulated over $520 million in funds. This includes more than 220,000 ETH staked in Lido and over 64 million DAI in Maker DSR. Compared to other L2 solutions, Blast has surpassed zkSync Era, becoming the fourth largest L2. However, strictly speaking, Blast cannot yet be classified as L2, but rather as an intermediary contract that deposits and locks assets, allowing deposits but no withdrawals before its mainnet launch. Its basic principle is to accept users’ ETH or stablecoins, staking the ETH in Lido and conver...