Author: Michael Johnson
Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates roughly every 4-6 weeks, depending on what’s happening in core development. See the previous update here. If you enjoy reading core development updates, you may also be keen to learn that Forkcast now publishes call summaries, chats and transcripts for each All Core Devs call, usually available within a couple hours of the call. tl;dr: The Fusaka upgrade is nearly out the door, Glamsterdam is ramping up, with its major features in implementation and minor features being decided on.…
SBI Crypto was breached, losing $21 million in assets via a suspected laundering operation. A phishing scam targeting GMGN tricked 107 users into approving fake transactions. Honeypot token scams rose 600% month-on-month, with over 2,100 tokens detected. Web3 has entered a new phase of cyber threats, with attackers now leveraging artificial intelligence, automation tools, and complex social engineering to exploit users across decentralised networks. According to GoPlus Security, over $45.84 million was lost in October alone from a surge of scams, phishing attacks, token exploits, and wallet hacks. The data reveals how scammers are evolving their methods, creating high-impact exploits…
Ethereum exchange supply hit multi-month lows, indicating substantial accumulation. Solana price weakens as bears threaten a move below $163 – $165. ZEC lost 25% the past 24 hours after robust gains over the previous few sessions. Cryptocurrencies displayed mixed performances on Tuesday, with most tokens losing momentum after yesterday’s gains. The value of all digital tokens lost 2% the last 24 hours to $3.51 trillion as Bitcoin hovered at $104,340. This article evaluates the current altcoin landscape by analyzing Ethereum, Solana, and Zcash. Ethereum exchange supply hits record lows The second-largest cryptocurrency exhibits a bullish catalyst amidst broader market sluggishness.…
Fusaka follows this year’s Pectra upgrade, representing a major step forward in Ethereum’s scaling roadmap that improves L1 performance, increases blob throughput, and enhances user experience. The Fusaka network upgrade is scheduled to activate on the Ethereum mainnet at slot 13,164,544 (December 3, 2025, 21:49:11 UTC). Fusaka also introduces Blob Parameter Only (BPO) forks to safely scale blob throughput after PeerDAS activation. These are minimal, config-only upgrades that adjust the blob target/max and fee update fraction. See the activation table below for further details. The Fusaka mainnet client releases are listed below. Fusaka Overview Fusaka’s headlining feature is PeerDAS (Peer…
Corporations, US presidential candidate Mitt Romney reminds us, are people. Whether or not you agree with the conclusions that his partisans draw from that claim, the statement certainly carries a large amount of truth. What is a corporation, after all, but a certain group of people working together under a set of specific rules? When a corporation owns property, what that really means is that there is a legal contract stating that the property can only be used for certain purposes under the control of those people who are currently its board of directors – a designation itself modifiable by…
In the first part of this series, we talked about how the internet allows us to create decentralized corporations, automatons that exist entirely as decentralized networks over the internet, carrying out the computations that keep them “alive” over thousands of servers. As it turns out, these networks can even maintain a Bitcoin balance, and send and receive transactions. These two capacities: the capacity to think, and the capacity to maintain capital, are in theory all that an economic agent needs to survive in the marketplace, provided that its thoughts and capital allow it to create sellable value fast enough to…
In the first two parts of this series, we talked about what the basic workings of a decentralized autonomous corporation might look like, and what kinds of challenges it might need to deal with to be effective. However, there is still one question that we have not answered: what might such corporations be useful for? Bitcoin developer Jeff Garzik once suggested that one application migh be a sort of decentralized Dropbox, where users can upload their files to a resilient peer-to-peer network that would be incentivized to keep those files reliably backed up. But aside from this particular example, what…
The purpose of this post is not to say that Ethereum will be using Slasher in place of Dagger as its main mining function. Rather, Slasher is a useful construct to have in our war chest in case proof of stake mining becomes substantially more popular or a compelling reason is provided to switch. Slasher may also benefit other cryptocurrencies that wish to exist independently of Ethereum. Special thanks to tacotime for some inspiration, and for Jack Walker for improvement suggestions. Proof of stake mining has for a long time been a large area of interest to the cryptocurrency community.…
I first wrote the initial draft of the Ethereum whitepaper on a cold day in San Francisco in November, as a culmination of months of thought and often frustrating work into an area that we have come to call “cryptocurrency 2.0″ – in short, using the Bitcoin blockchain for more than just money. In the months leading up to the development of Ethereum, I had the privilege to work closely with several projects attempting to implement colored coins, smart property, and various types of decentralized exchange. At the time, I was excited by the sheer potential that these technologies could…
Important notice: any information from this post regarding the ether sale is highly outdated and probably inaccurate. Please only consult the latest blog posts and official materials at ethereum.org for information on the sale Ethereum received an incredible response at the Miami Bitcoin Conference. We traveled there anticipating many technical questions as well as a philosophical discussion about the purpose of Ethereum; however, the overwhelming amount of interest and enthusiasm for the project was much larger than we had anticipated. Vitalik’s presentation was met with both a standing ovation and a question queue that took hours to address. Because we…