#network

Developer Antoine Poinsot and five colleagues have released a letter detailing a new policy for notifying users about vulnerabilities and bugs in Bitcoin Core's code, which is crucial for network node operators.

Victor Ji, co-founder of Manta Network, has described the Polkadot ecosystem as toxic, accusing the team of inefficiency and a lack of genuine decentralization. He asserted that Polkadot adds no real value to Web3.

Matter Labs, the entity behind the L2 network zkSync, has decided not to pursue trademarking the term "ZK" following resistance from the cryptocurrency community.

ENS Labs has proposed expanding the Ethereum Name Service (ENS) protocol to a public Ethereum Layer 2 blockchain or creating its own network as part of the next project version, ENSv2. The developers believe this will enhance scalability and lower user costs.

Solana’s developers have shed light on the root causes of the network's recent congestion issues. High system load is a primary factor, yet there are other factors as well.

Over 75% of non-vote Solana transactions are failing. This problem seems to stem from the recent influx of new meme coins, as acknowledged by several project supporters. They point out that the bulk of these failed transactions are generated by regular arbitrage spam bots.

Bittensor, a decentralized network for AI systems, has reported a hacking incident on July 2 that resulted in the theft of $8 million worth of TAO tokens.

Sources from DLNews reveal that the L2 blockchain ZKsync developers have committed about 0.5% of all issued tokens to the decentralized social network Lens Protocol to ensure its launch on their platform. Although the precise number is undisclosed, it’s estimated to be around 100 million ZK ($22 million at current market value).

Polygon Labs, a crypto company, has acquired the research platform Toposware, which aided developers in creating Polygon Type-1 — a project allowing any EVM network to become an L2 blockchain with zero-knowledge (ZK) proof. The deal is estimated to be worth between $30 million and $50 million, according to various sources.

Europol has executed an international operation to expose and dismantle an ecosystem distributing malware droppers—specialized tools for secretly installing malicious software on victims' computers.

Taiko has officially launched its L2 network on the mainnet. Taiko is an Ethereum-equivalent, EVM-compatible L2 blockchain utilizing ZK-rollup technology.

On April 20th, at 0:09 UTC, the Bitcoin network reached a new milestone with the completion of its fourth halving at block 840,000, reducing the mining reward from 6.25 BTC to 3.125 BTC per block.