What is EigenLayer and how does it work?

Vitalik Buterin calls for Ethereum evolution: Out with the old, in with the new! Vitalik Buterin proposes replacing modexp to improve Ethereum's privacy and scaling efficiency. The change targets faster transaction processing and reduced proof-generation complexity for the network. Vitalik Buterin is pushing for a shift that could significantly boost Ethereum's performance. He suggests eliminating the modular exponentiation precompile, known as modexp, a move poised to greatly enhance Ethereum's scaling and privacy capabilities. Modexp has been a bottleneck for the network, causing verification lags that are dramatically slower than average blocks. Currently, it mainly serves a tiny fraction of the Ethereum community, so its removal would streamline operations for the vast majority of users, making transactions cheaper and quicker. By transitioning from modexp to a standard EVM bytecode, most users will benefit from reduced network complexity, despite a slight increase in gas costs for the minimal users still relying on modexp. For those few who do use modexp, there's a workaround. They can switch to SNARKs, a more efficient cryptographic method that aligns with the future vision for Ethereum. This proposal underscores Ethereum's ongoing commitment to scaling and privacy, aligning with projects like GKR that aim for faster and more cost-effective transactions. The Ethereum Foundation also stresses the importance of privacy, advocating against the network becoming a tool for global surveillance. While some developers might face hurdles with the removal of modexp, Buterin's focus is on the broader ecosystem benefits rather than clinging to outdated functionalities. This evolution is about propelling Ethereum into a more efficient and privacy-centric future. Key Takeaways: ✅ Ethereum's shift from modexp to standard EVM bytecode aims to boost scalability and privacy, paving the way for faster and more efficient transactions. ✅ Removing modexp impacts only 0.01% of users, while the majority enjoy cheaper, quicker operations with reduced network complexity. ✅ Developers can adapt to these changes by transitioning to SNARKs, aligning with Ethereum's vision for a privacy-centric future. Read more at: https://lnkd.in/dmmttRxq #fxleaders #Ethereum #CryptoNews #BlockchainInnovations

Great to see my face on the ERC20 Token Standard page on the Ethereum website, but I actually just added a link to the dedicated ERC1363 page I wrote. ERC1363 is now a well-established standard for all cases where an action is required following a token transfer (crowdsales, subscriptions, staking, voting, etc.). The EIP is in its final state, included in the OpenZeppelin libraries (also available via Wizard), included in Token Generator, and installable via npm or Foundry in custom contracts. The only thing missing was an official page in the Ethereum documentation. Here it is: https://lnkd.in/d8teDuVB #Ethereum #ERC20 #ERC1363

Figment has migrated its flagship Solana validator to Firedancer, Jump Crypto’s next-generation validator client. Early results show higher efficiency and improved reward performance, driven by denser blocks, optimized MEV capture, and stable latency. Combined with DoubleZero's low-latency networking layer, the upgrade demonstrates how advanced infrastructure can enhance both validator reliability and network resilience. Beyond validator performance, this migration contributes to client diversity across Solana, an essential factor in strengthening the protocol’s overall security and decentralization. Read more about this SRR improvement: https://lnkd.in/eDWC7mvp

ERPC has successfully completed the Solana Mainnet Beta v3 upgrade across all regions, reinforcing its network infrastructure for the forthcoming Alpenglow protocol. The upgrade fully supports Solana CLI v3 and the latest Geyser Plugin, delivering improved stability, optimized performance, and consistent service availability with no change in pricing. Positioned as a preparatory phase for Alpenglow, Solana Mainnet Beta v3 introduces architectural and network refinements aimed at higher efficiency and consistency across the Solana ecosystem. ERPC has already restructured regional communication paths and processing pipelines to ensure seamless adaptation once Alpenglow is introduced. The upgrade standardizes all communication layers—gRPC, HTTP, WebSocket, and Shredstream—under a unified configuration and strengthens ultra-low-latency connectivity via the DoubleZero network. Through the Bundle Plan, developers can access all protocols in one integrated package, while the Premium Ryzen VPS delivers near zero-distance execution with major Solana validators and the Jito platform, powered by 5.7 GHz CPUs and dual 25 Gbps networking. Together with Validators DAO, ERPC continues to advance Solana’s network efficiency, reliability, and decentralization, providing developers with an optimized environment for building next-generation blockchain applications. Details: https://lnkd.in/evBc5g8D

https://lnkd.in/gTsfHVfA Ethereum isn't just riding on ETF hype this summer. It rolled out two major network upgrades. What do these mean for everyday users? Gas fees on Ethereum dropped by about 90 percent, making transactions cheaper and faster for all. The network can handle many more transactions per second, supporting deffi, nets and future innovations. Staking is more flexible and accessible than ever, attracting both institutions and retail users. #BlockStarULLC #ethereum #ethereumwallet #etherium #ethereuminvesting #ethereumupdates #blockstaru #investingtips #stockmarketforbeginners #wealthbuilding #personalfinance #investingstrategies #moneymanagement #financialfreedom #investing101 #stockmarketinvesting #smartinvesting #riskmanagement #buildwealth #longterminvesting #cryptoforbeginners #blockchain #digitalgold #inflation #cryptoeducation #ethereum #defi #digitalfinance #blockstaru #defi #cleantech #bitcoin

100+ blockchains. True self-custody. TrustWallet connects 200M+ users onchain - one of the world’s leading wallets built for ownership, access, and scalability. Behind the scenes, 14M+ daily requests run through GetBlock RPC nodes, delivering a 3× performance boost vs. public endpoints. Smoother transactions. Faster sync. Scalable Web3 access. Find out how it was built: https://lnkd.in/e22RikvR

🚀Exploring decentralized file storage with IPFS and Pinata. In a distributed system, multiple computers or nodes work together to achieve a common goal, providing a shared service or resource to users. These nodes communicate with each other over a network, sharing data and coordinating actions to provide a seamless experience. l learned how to store and access the data using PIFS (Interplanetary file systems). IPFS (InterPlanetary File System) IPFS is a decentralized, peer-to-peer (P2P) network designed to store and share files in a distributed manner. It's a protocol, not a company or organization, aiming to make the web more open, efficient, and resilient. How IPFS Works: 1. File Upload: A user uploads a file to the IPFS network. 2. Hash Generation: The file is assigned a unique hash (CID - Content ID), based on its content. 3. Node Storage: The file is stored on multiple nodes, which are incentivized to keep the file. 4. File Retrieval: When a user requests a file, their node connects to other nodes with the file, and downloads it in pieces. 5. Network Propagation: As more nodes request the file, it becomes more widely available and resilient. #Blockchain #IPFS #Sppu #Pinata #DistributedSystem #Web3

Day 14/30: Layer 2 Scaling Solutions Explored how L2s make Ethereum faster and cheaper by moving computation off-chain while keeping security on-chain. Built two simplified contracts to understand the fundamentals: 1. Payment Channel - The original L2 concept ->Open a channel with 1 ETH ->Make unlimited off-chain payments by exchanging signatures ->Close once to settle ->Turn 100 transactions into just 2 on-chain transactions 2. Optimistic Rollup - Trust, but verify ->Operator posts transaction batches with state roots ->Anyone can challenge within 7 days if they detect fraud ->If unchallenged, batch finalizes and becomes part of L1 truth The key insight: L2s aren't separate chains - they inherit Ethereum's security while doing the heavy lifting elsewhere. Quick comparison: ->State channels = instant finality, perfect for repeated payments ->Optimistic rollups = general computation, 7-day withdrawal delay ->ZK rollups = cryptographic proofs, fast withdrawals but complex Understanding L2 architecture is becoming essential. Most new projects launch on Arbitrum, Optimism, or Base instead of mainnet. Even cross-chain bridges are moving toward L2-first designs. The scalability trilemma (security, decentralization, scalability) isn't solved - it's reorganized. L2s keep security on L1, move scalability off-chain. GitHub: https://lnkd.in/d2N2PwnS #Layer2 #Ethereum #Blockchain #Scalability #Web3 #SmartContracts #DeFi #BuildingInPublic #30DaysOfLearning

The 3 Types of Blockchains A clear comparison of the three main types of blockchains: public, private, and consortium. Understand their differences in permissions, decentralization, and ideal use cases. https://lnkd.in/gVhaNVUX

Layer 2 tokens solve Ethereum's scaling challenges—faster transactions, lower fees, same security. Solutions like Arbitrum, Optimism, and Polygon process transactions off-chain, then settle on Ethereum. For users: Lower costs and instant confirmations. Scalability without compromising decentralization. #Layer2 #EthereumScaling #CryptoInfrastructure #BlockchainSolutions #Web3Tech