Welcome to the Protocol, Coindesk’s weekly wrapping of the most important stories in cryptocurrency tech development. I am Margaux Nijkerk, Ethereum Protocol Reporter on Coindesk’s Tech Team.
In this number:
- Solana to get greater design monitoring
- Suggestions for new Ethereum -Noder to make them easier to drive
- World Network’s $ 135 million token sales
- SOLANA SEEKER MOBILE COME BARGE OF August
Network news
Solana to get greater design monitoring: Solana developers are planning what could be Blockchain’s most ambitious core upgrade to the date-one, replacing its current technology chart with a redesigned consensus protocol built for almost immediate finality and responsiveness. The new system, called Alpenglow, was revealed on Monday by the infrastructure company Anza, a Solana Labs spinout. It proposes to replace evidence of history-Solana’s famous unique “pre-recorded watch” system and tower BFT, its existing voting mechanism to reach consensus. – Shaurya Malwa Read more.
SUGGESTIONS FOR NEW ETHEREUM — HUGE POINTS TO MAKE them easier to run: Ethereum co-founder Vitalik Butterin has proposed a new design to reduce the hardware load to run a network node that frames it as a step towards a fully decentralized network that does not require sophisticated infrastructure to help maintain. In a blog post, the butterin introduced the concept of “partially stateless nodes” so that users can only save a subgroup of Ethereum’s data rather than the entire blockchain, which clock over 1.3 terabytes (TB). And Shaurya Malwa Read more.
World $ 135 million Token Sales to A16Z, Bain Capital Crypto: Sam Altmans Blockchain Project World Network has collected $ 135 million in a private token sale of his WLD -Token. The sale was to Venture Capital Giants A16Z and Bain Capital Crypto and will be used to finance network expansion. The financing is coming as the group behind Blockchain announced the project’s functionalities in the app as well as the WLD tokenet has become available from earlier this month for us users. – Margaux Nijkerk Read more.
Solana Labs’ Mobile team plans to send his searching phone from August 4In addition to sharing new information about some of its infrastructure framework as well as a new Skr -Token to its mobile users. The news comes as the new iteration of Solana’s mobile has been in the works for several months with over 150,000 units so far, according to a press release. The viewfinder was introduced after the phone’s first model, Saga, initially had difficulty selling, creating some uncertainty for its future. But Saga eventually sold after Crypto users realized they could collect certain token -aairdrops.
In other news
- Movement Laboratories, the scandal-plagued Crypto startup, supported by Donald Trump’s World Liberty Financial, quietly promised great efforts of his token to the early insiders-without rejected offers that now raise fresh questions about who really has the power behind the scenes. Even before launching the token, Movement Lab’s large parts of Move’s supply committed a handful of early advisers – events that were never passed on to investors and only appeared through internal documents reviewed by Coindesk. – Sam Kessler Read more.
- Bitcoin (BTC) got a fresh record price of $ 109,400 and surpassed the top in January around Donald Trump’s inauguration. According to the Coindesk Bitcoin index, the largest and oldest cryptocurrency hit $ 109,486 Wednesday during the early US session. BTC has now risen more than 46% from its April trough induced by mounting fears of global trade war and US tariffs. – Kristzian Sandor Read more.
Legislative and politics
- The US Senate voted to move on with stableecoin legislation on Monday night and remove a procedural barrier to ultimately adopt the bill completely out of the body. Senators easily cleared the 60-voting threshold for the vote, which is intended to just move the legislation to a period of further debate before a final voting series to pass it on by the Senate.– Jesse Hamilton Read more.
Calendar
- 19.-23. May: Solana Accelerate, New York City
- 20. To 22 May: Avalanche Summit, London
- 27-29. May: Bitcoin 2025, Las Vegas
- 27-29. May: Ethprague, Prague
- June 8-22: Berlin Blockchain Week, Berlin
- June 30. July: ETHCC, Cannes
- July 16-18: Web3 Summit, Berlin
- 22-28. September: Korea Blockchain Week, Seoul
- 1-2 October: Token2049, Singapore
- 11-13. December: Solana Breakpoint, Abu Dhabi
