GAS

Cryptocurrencies cannot be regulated by analogy with money or existing financial instruments. This was stated in an interview for the YouTube channel “Russian Norms!” By one of the initiators of the creation of the Belarusian High-Tech Park (HTP), investor of the Currency.com cryptocurrency exchange and founder of VP Capital, Viktor Prokopenya. “Cryptocurrencies are a new phenomenon, a new story. And under it you need to write your own rules with […]

The Venezuelan government uses cryptocurrencies “for free national and international payments,” Bloomberg reports citing President Nicolas Maduro. According to Maduro, the new tools of the Ministry of Finance and the central bank will soon allow everyone to carry out banking operations, including international payments. “Venezuela is already working in the cryptocurrency world,” Maduro summed up. Last week, it became known that the country's central bank is exploring the possibility of inclusion […]

The upcoming Ethereum network update called Istanbul will lead to disruptions in many decentralized applications (dApps). This opinion in a conversation with CoinDesk was expressed by the technical director of Aragon One Jorge Ischierdo. In particular, he said, the work of about 680 smart contracts involved to manage dApps on the Ethereum blockchain in the Aragon infrastructure will be disrupted. “Until that time, decentralized organizations (DAO) […]

The gas limit in the Ethereum network was first surpassed by 8.1 million with the support of 50% of miners. Almost exactly 50% of miners are upvoting the gas limit right now; it just broke 8.1 million for the first time. pic.twitter.com/jn5jPg7dgs – Vitalik Non-giver of Ether (@VitalikButerin) September 15, 2019 Mining pools Spark Pool, F2Pool and Ethermine supported the growth of the limit by voting, […]