Blockchain's rigidity limits Web3. Web3's scalability and future lie beyond traditional blockchains. Expect a shift toward flexible, verifiable systems prioritizing efficiency over rigid total ordering Opinion by: Grigore Roșu, founder and chief executive officer of Pi Squared For some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around Bitcoin, Ethereum, and their descendants. Given blockchain's well-documented scaling limits, however, there is an argument to be made that Web3 doesn't actually need blockchains to thrive. Instead, it requires payment systems and verifiable settlement systems that are super fast. Blockchains are just one way to achieve that, not the only way. While blockchain solved the double-spending problem, it introduced its own architectural burden: the rigid fixation on total ordering, dictating that every transaction must wait its...
The controversial Trump memecoin dinner saw a number of crypto entrepreneurs, as well as sports stars and even anonymous influencers. The top 220 holders of US President Donald Trump’s memecoin met yesterday at the president’s golf course in Virginia for an exclusive dinner and purported meet-and-greet. Attendees spent a grand total of $148 million for an “ultra-exclusive VIP reception with the president,” which crypto industry advocates and critics alike saw as a potential opportunity to discuss crypto policy with the president. The crowd contained a number of foreign crypto executives and influencers who otherwise would not have access to the US president, raising questions around corruption and foreign influence. Read more
Ether price eyes a 56% rally to $4,000 as it confirms a classic bullish pattern amid increasing network activity. Key takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout to $4,000. If Ethereum’s network activity and total value locked continue to grow, ETH price may see further gains. Read more