Former Ripple Director Points Out XRP Ledger's Solution to Blockchain Problems Ignored by Ethereum Hackathon Team
June 26 (Cointime) - Former Ripple Director, Matt Hamilton, expressed his frustration on Twitter after witnessing a team at a hackathon claim to have solved the problem of low transaction fees on the Ethereum blockchain. Hamilton pointed out that the XRP Ledger (XRPL) had already addressed this issue back in 2011, long before Ethereum was created.
Ethereum Launches New Testnet Holešky to Replace Goerli
June 26 (Cointime) - Ethereum has announced the upcoming launch of its newest public testnet, Holešky, which is set to replace the current Goerli testnet. The new testnet will be the first long-standing, merged-from-Genesis, public Ethereum testnet, and will provide a safe environment for testing protocol upgrades and smart contracts before deploying them on the main network.
Ethereum Supply on Exchanges Drops to 9.2% as Investors Withdraw to Cold Wallets
June 26 (Cointime) - Investors have been withdrawing Ethereum from exchanges and storing it in cold wallets, leading to a decrease in Ethereum supply on exchanges. Despite this, Ethereum has seen a 59% increase since the beginning of the year, making it one of the top-performing cryptocurrencies. Large non-exchange Ethereum wallets continue to accumulate more Ethereum while the price of ETH hovers around $1,900 and supply on exchanges drops to 9.2%.
Understanding the Difference Between Ethereum's Smart Contracts and XRPL Hooks, and What's Next for XRPL Hooks After Passing Audit
June 26 (Cointime) - According to Wo Jake, Ethereum and XRP Ledger achieve programmability in different ways, with XRPL's design providing native features that allow for the flexibility and impressive performance of Hooks. While Ethereum's smart contracts have been enriched with standards and features since its launch, XRP Ledger's design already includes a variety of features natively.
Devconnect Scholars Program Offers Financial Assistance for Underrepresented Communities to Attend Ethereum Conference in Istanbul
June 26 (Cointime) - The Devconnect Scholars Program has been launched to provide financial assistance to individuals from underrepresented communities in Ethereum to attend Devconnect in Istanbul this November.
HSBC Allows Customers to Buy and Sell Bitcoin and Ethereum ETFs in Hong Kong, Expanding Local Users' Exposure to Cryptocurrencies
June 26 (Cointime) - HSBC, the largest bank in Hong Kong, has become the first bank in the region to allow its customers to buy and sell Bitcoin and Ethereum exchange-traded funds (ETFs) listed on the Hong Kong exchange. The move is expected to expand local users' exposure to cryptocurrencies in Hong Kong.
Ethereum Price Struggles to Clear $1,920 Resistance Against US Dollar
June 26 (Cointime) - The price of Ethereum is facing difficulty in surpassing the $1,920 resistance level against the US Dollar, and may experience a correction if it breaks the $1,865 support zone. Ethereum is currently undergoing a correction from the $1,920 resistance level, but is still trading above $1,865 and the 100-hourly Simple Moving Average. A bearish trend line is forming with resistance near $1,890 on the hourly chart of ETH/USD, and a short-term drop may occur if the $1,865 support level is broken. If the bulls manage to push Ethereum above the $1,930 zone, the price may surpass $1,965, with the next resistance level near $2,000.
Cyberapital Founder Justin Bons Said on Social Media: BTC’s Governance Is a Dictatorship, and Ethereum Has a Wider Node Diversity and Is Better
June 26 (Cointime) -The governance of BTC is effectively centralized under Bitcoin Core, with only one lead maintainer having the final say, making it a sort of dictatorship. However, like all dictatorships, there are limits to what they can do. But that's still a complete twist on true decentralization! The Bitcoin CoreCore decision (a centralized party) governs the code running on the BTC network and has now reached over 98% dominance power…. Ethereum is better due to having a wider diversity of nodes. Both BTC and ETH have "off-chain" governance, which is nothing more than a decentralized show. While people can choose to run what they want to run, they cannot simply not upgrade.
Ethereum's Price Breaks Above 100-Day Moving Average, But Could It Be a Bull Trap?
June 25 (Cointime) - Ethereum's price has found support at the 200-day moving average and has since experienced a strong bullish rally, breaking above the 100-day MA. This could be a positive sign for Ethereum's mid-term prospects, but there is also a risk of it being a bull trap.
Topia: How to reshape Ethereum's data storage model?
Topia's vision is to enhance the interoperability of smart contracts through a distributed storage solution, ultimately achieving fully on-chain applications and individual data sovereignty. This means that users can store and access data directly on the blockchain without relying on any centralized servers, which contributes to enhanced data security and transparency.
