News with the tag "Justin Drake"

Ethereum Foundation researcher Justin Drake has reignited the longstanding rivalry between Ethereum and Bitcoin, arguing that Bitcoin’s security model is unsustainable as it approaches its 21 million supply cap. In contrast, he believes Ether (ETH) will soon become “ultra sound” money due to decreas...

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein , CoinDesk's deputy editor-in-chief for features, opinion and standards. In this issue: Bitcoin gets a DEX, thanks to the Nomic bridge Union Labs gets $12M to build...

Ethereum researcher Justin Drake said the Beacon Chain became the “strongest foundation blockchains have ever seen.”

The Ethereum Foundation (EF) has announced a substantial financial commitment, investing “tens of millions” of dollars into advancing zero-knowledge Virtual Machines (zkVMs), a cutting-edge technology poised to enhance scalability and security within the Ethereum ecosystem. Justin Ðrake, a researche...

Justin Drake, a researcher at the Ethereum Foundation, announced a new consensus layer upgrade proposal called “Beam Chain” during Devcon on Tuesday. The ambitious project aims to overhaul Ethereum’s consensus mechanism by 2030. What Is The Ethereum Beam Chain? “The Beam Chain is a complete redesign...

Ethereum researcher Justin Drake said that when it comes to staking, the proposal aims to change the requirements from 32 ETH to 1 ETH.

Ethereum researcher Justin Drake teased a new proposal, fueling ETH 3.0 rumors and sparking community speculation on potential scalability solutions for the blockchain.

Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields.

Executive director Aya Miyaguchi said the foundation’s neutrality can’t depend on culture and individual judgment after researchers take multimillion-dollar roles at EigenLayer.

Feist’s decision to join EigenLayer as an adviser follows in the recent controversial footsteps of Ethereum researcher Justin Drake.