according to Discussion At the 151st Ethereum Core Developers meeting on December 8, core programmers set an initial March 2023 deadline for Ethereum’s Shanghai hard fork. Additionally, developers will aim in May or June 2023 to release Ethereum Improvement Protocol (EIP) upgrade 4844 that will provide initial network participation.
Although the long-awaited Proof-of-Stake merger upgrade was completed on September 15, Ether (stETH) is currently in the works. Locked on the Ethereum Beacon Signal Chain. The token was created by decentralized finance protocol Lido, with approximately 3.5 million stETH ($4.48 billion) in circulation. After the Shanghai upgrade, stETH users can withdraw their funds along with any applicable staking rewards to validate network transactions. The Ethereum Foundation said it organized the upgrades in this way to “simplify and increase focus on a successful transition to Proof of Stake.”
After the hard fork, the EIP-4844 upgrade is designed to introduce a new binary data transaction prototype previously invented by the developers on February 21, 2022. Currently, Layer 2 technologies such as Optimistic Rollups can move Ethereum computation and network storage off-chain to improve scalability 10x to 100x . The developers expect that offering large mobile packages that can hold cheaper data in Ethereum transactions could improve pooling capacity by up to 100x. However, while the upgrade will lower transaction fees on Layer 2 solutions, it will not affect Ethereum gas fees.
Last December, Ethereum co-founder Vitalik Buterin shared just that game over It is for the blockchain to function as a simple base layer, with “the complete convenience of users storing their assets in ZK.” [zero knowledge]Verify full EVM operation [Ethereum Virtual Machine]. Buterin also warned that hash sampling and data availability are “complex techniques” that will take years of scrutiny and improvement to implement.
SmarterWorx Art NFT Project Shows DeFi Innovation Isn’t Dead With Pancakeswap And Uniswap
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Decentralized finance has risen to fame due to the explosive growth of blockchain technology that has been witnessed all over the world. In less than two decades, blockchain technology has grown to a multi-trillion dollar market value that includes advanced technologies such as cryptocurrency and non-fungable tokens, often called digital art. A new DeFi platform is rising from the rubble with some of the most attractive features to the eye of any digital asset investor. SmarterWorx is a new revolution in NFTs.
Pancakeswap and Uniswap don’t innovate.
Pancake swap and Uniswap are decentralized cryptocurrency and derivatives exchanges that provide token exchange services to their users. These two projects are currently the largest DEXes in the world, handling millions of dollars in transactions every month. The original and useful token of PancakeSwap is CAKE, while Uniswap is known as UNI. CAKE and UNI have ranked among the top cryptocurrencies behind legitimate projects and have been offering investors good returns since the individual exchanges first appeared. However, it is true that SmarterWorx provides more benefit to the cryptocurrency system and blockchain than the two projects combined.
SmarterWorx’s ARTX is better than UNI’s and CAKE’s.
SmarterWorx is a new DeFi protocol that promises to unite crypto enthusiasts, NFT enthusiasts, and art enthusiasts all at once. Its original utility symbol is ARTX. The token has more potential to perform faster than Uniswap’s UNI tokens and PanckaSwap’s CAKE tokens due to the massive hard tokens. SmarterWorx looks forward to developing a unique ecosystem that includes the use case of digital physical items. ‘Phygital’ items are tangible, replicated items that are embedded in the blockchain network. These items contain ownership and transaction information stored on the network.
What makes SmarterWorx unique is the fact that retail investors will get the chance to own expensive art that, under normal circumstances, is only available to wealthy individuals. The ecosystem will include a treasury fund that collects money from investors and starts a portfolio of these high-end works of art that ordinary retail investors cannot afford on their own. SmarterWorx is currently on pre-sale, with ARTX tokens selling for $0.004. In dim accounts, short-term investors can buy ARTX tokens during the pre-sale period and sell them after the launch for a guaranteed return.
However, those who hold the token long-term will benefit the most as ARTX appreciates. SmaterWorx is looking to invest in a digital art portfolio once the pre-sale is complete. The portfolio evaluation will then support ARTX, and given the scarcity of NFTs the project plans to develop, ARTX will outperform CAKE and UNI in the long run.
Moreover, SmarterWorx has a built-in copying mechanism for the original cryptocurrency. A total of 1 billion ARTX tokens will be minted. However, the burn feature will significantly reduce the supply, guaranteeing investors an increase in the price of ARTX. Thus, the token can easily raise prices 1,000 times in less than twelve months. Buy ARTX today and become a leader in building the SmarterWorx ecosystem.
for more information:
Join Presale: https://smarterworks.io/buy/
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Fintech company ZELF has launched an anonymous Visa debit card with cryptocurrency recharge
US financial technology company ZELF has introduced an anonymous Visa debit card to be accepted at any of the 80 million Visa locations worldwide.
Will the latest ZELF initiative Allow Users open a US dollar checking account with just their name, email, and phone number, which relieves them of having to provide documentation such as a social security number and proof of address. According to the fintech company, potential customers can open a checking account and get an anonymous virtual debit card, which works with Apple and Google Pay, within 30 seconds.
Visa debit card holders will have the option to fund their accounts with traditional electronic payments, money and wire transfers, as well as crypto payments. Currently, users can deposit into their checking accounts and debit cards in USD currency (USDC) , Rope (USDT) and ether (ETH). The company said it plans to add 20 more popular icons to its catalog by the end of the year.
ZELF’s collaboration with Visa aims to prioritize users’ privacy and security when it comes to transacting cryptocurrencies.
Reducing verification requirements will attract more customers and help the unbanked global population gain access to financial services, said Eliot Goechman, founder and CEO of ZELF.
Related: Visa ends debit card program with FTX
Despite being in a bear market, there has been a growth in the adoption of crypto payment methods, ranging from crypto cards to crypto gift cards, and Encrypted food delivery portals.
Visa appears to be playing an important role when it comes to crypto adoption and increasing crypto use cases. in October, Visa filed trademark applications It indicates that the company plans to expand its presence within the crypto ecosystem. Its trademark applications reveal the company’s intent to manage digital, virtual, and cryptocurrency transactions, as well as tokens and virtual goods.
On Oct. 27, Cointelegraph reported this Visa has partnered with Blockchain.com to offer cryptocurrency debit cards No subscription fees, no annual fees, and no transaction fees, while allowing users to earn 1% on all purchases back in cryptocurrency.