The Gitcoin mission is to empower communities to build and fund open source public goods. In this post, we’re excited to introduce the GTC token and our DAO that will govern Gitcoin — two crucial components allowing Gitcoin to decentralize and build an equitable protocol for funding open source development. The contract address for GTC…
Category: Blockchain
Ethereum Gas Limit Hits 15M as ETH Price Soars
The Ethereum gas limit sets a ceiling for how many operations can be included in each block. Miners have raised Ethereum’s gas limit to almost 15 million for the first time in a bid to relieve transaction congestion at a time when on-chain activity is increasing with ether’s price (ETH) up 2.8% on the day…
Compound Labs Announces New Chain
Compound – the popular money market protocol – has revealed their plans for further growth by announcing the imminent launch of the new Compound Chain. The Compound Chain appears to be an open permissioned hub that enables cross-chain lending and borrowing of digital assets. There are already plans to build integrations with some of the…
An introduction to Decentralized Finances (DeFi)
An introduction to Decentralized Finances (DeFi) Based on the poll that we did more than 50% of the community have only heard about DeFi or don’t even know what DeFi is. Since DeFi is rapidly growing in the cryptocurrency ecosystem we feel it’s important we expand upon that topic. Traditional finance system If we want…
The SushiSwap Project 🍣🍣🍣
An evolution of Uniswap with SUSHI tokenomics. 📈 Origin In the two years since its launch, 🦄 Uniswap has solidified its position as one of the mainstays in DeFi. Along with that, their protocol design has become a standard in and of itself, one in which many projects have come to derive its mechanics from….
Cointelegraph Consulting: A Storm Is Brewing for Ethereum
The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally. The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88. This indicates that Ether’s long-term holders are presently up 88% on their initial investment, on average. This is the highest average profit…
What is Ethereum 2.0?
Ethereum 2.0 — or ETH2 — is a frequently used term. It is considered crucial for the future of the second-largest blockchain. What it means exactly, however, is not so easy to put into clear words. We will try it nevertheless. There is hardly a blockchain where so much happens as on Ethereum. The home…