Welcome to the Protocol, the weekly completion of the most important stories in the development of cryptocurrency technology. I am Margaux Nijkerk, the Ethereum protocol reporter in the Coindesk technical team.
In this number:
- Solana to get a big design prevention
- Proposal for new Ethereum nodes to make them easier
- The token sale of $ 135 million from the World Network
- Solana Seeker Mobile is coming in early August
Network news
Solana to get a big design prevention: Planning Solana developers, which could so far be the most ambitious core upgrade of the blockchain that replaces its current technological stack with a redesigned consensus protocol built for near-instant finality and responsiveness. The new system, called Alpenglow, was unveiled on Monday by infrastructure company Anza, a Solana Labs -Spin -Out. It suggests replacing a proof of history-the famous unique “pre-recorded clock” system of Solana and Tower BFT, the existing tuning mechanism for reaching consensus. – Shaurya Malwa Read more.
Proposal for new Ethereum nodes to make them easier to make: Co-founder of Ethereum Vitalik Buterin has proposed a new design to reduce the hardware load for running a network node, framing as a step in the direction of a fully decentralized network that does not require advanced infrastructure to help. In a blog post, Buterin introduced the concept of ‘partial stateless nodes’, so that users can only store a subset of the data from Ethereum, instead of the entire blockchain that clocks in more than 1.3 terabytes (TB). – Shaurya Malwa Read more.
World $ 135 million token sale to A16Z, Bain Capital Crypto: Sam Altman’s Blockchain Project World Network has collected $ 135 million in a private -sale of his Wld -Token. The sale was to wallow capital giants A16Z and Bain Capital Crypto and will be used to finance network expansion. The financing comes when the group behind the blockchain announced the in-app functionalities of the project, as well as the Wld token are available from earlier this month for American users. – Margaux Nijkerk Read more.
The mobile team of Solana Labs is planning to send its seekers from August 4In addition to sharing new information about a part of his infrastructure frameworks and a new SKR token for his mobile users. The news is because the new iteration of Solana’s mobile has been in the making for months, with more than 150,000 units so far, according to a press release. Seeker was introduced after the first model of the telephone, Saga, originally had difficulty selling, creating some uncertainty for his future. But Saga was eventually sold out after crypto users realized that they could collect certain token -Airdrops.
In other news
- Movement laboratories, the Crypto-Startup, supported by scandals, supported by Donald Trump’s World Liberty Financial, promised quiet interests of his token to early insiders-disprovable deals that now raise new questions about those who really have power behind the scenes. Even before the launch of the token, Movement Labs started large parts of Move’s delivery to a handful of early advisers – schemes that were never announced to investors and only emerged through internal documents that were assessed by Coindesk. – Sam Kessler Read more.
- Bitcoin (BTC) won a new record price of $ 109,400, and the peak surpassed the inauguration of Donald Trump in January. According to the Coindesk Bitcoin Index, the largest and oldest cryptocurrency reached $ 109,486 during the early American session on Wednesday. BTC has now risen more than 46% from the trough of April, caused by the incoming fears of the global trade war and American rates. – Kristzian Sandor Read more.
Regulating and policy
- The US Senate voted to continue on Monday evening with the legislation of the Stablecoin, which removed a procedural barrier to ultimately pass the bill entirely out of the body. Senators have easily cleared the threshold of 60 votes for the vote, which is intended to simply move the legislation to a period of further debate before a final voices series to give it out of the Senate.– Jesse Hamilton Read more.
Calendar
- May 19-23: Solana Accelerate, New York City
- May 20-22: Avalanche Summit, London
- 27-29 May: Bitcoin 2025, Las Vegas
- 27-29 May: Ethprague, Prague
- 8-22 June: Berlin Blockchain Week, Berlin
- June 30-3: ETHCC, Cannes
- July 16, July: Web3 Summit, Berlin
- September 22-28: Korea Blockchain Week, Seoul
- October 1: Token2049, Singapore
- 11-13 December: Solana Breakpoint, Abu Dhabi