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Consensys Responds to SEC Concerns Over Ethereum’s Proof-of-Stake Security
#Consensys recently addressed inquiries from the U.S. Securities and Exchange Commission (SEC) regarding the integrity and potential risks of fraud and manipulation in Ethereum’s proof-of-stake (PoS) mechanism, especially in relation to spot Ether exchange-traded funds (ETFs).
In their submission to the #SEC , Consensys, known for its blockchain and Web3 software development capabilities, including the creation of the widely-used MetaMask wallet, assured that the apprehensions regarding fraudulent activities and manipulation in Ethereum's system are unfounded.
Through a detailed blog post, Consensys clarified:
"Ethereum’s implementation of PoS not only matches but surpasses the security measures of Bitcoin’s proof-of-work (PoW) system. This is noteworthy considering that the SEC has already approved Bitcoin-based #ETFs for trading, acknowledging their security."
The firm specializing in #Ethereum infrastructure laid out several of Ethereum’s strengths over Bitcoin, including faster block finality, a clear separation of duties between proposers and attesters to prevent the concentration of power, higher costs associated with attacks, strict penalties for any violations by validators, and a more environmentally friendly approach compared to Bitcoin.
$ETH #etf
#Consensys recently addressed inquiries from the U.S. Securities and Exchange Commission (SEC) regarding the integrity and potential risks of fraud and manipulation in Ethereum’s proof-of-stake (PoS) mechanism, especially in relation to spot Ether exchange-traded funds (ETFs).
In their submission to the #SEC , Consensys, known for its blockchain and Web3 software development capabilities, including the creation of the widely-used MetaMask wallet, assured that the apprehensions regarding fraudulent activities and manipulation in Ethereum's system are unfounded.
Through a detailed blog post, Consensys clarified:
"Ethereum’s implementation of PoS not only matches but surpasses the security measures of Bitcoin’s proof-of-work (PoW) system. This is noteworthy considering that the SEC has already approved Bitcoin-based #ETFs for trading, acknowledging their security."
The firm specializing in #Ethereum infrastructure laid out several of Ethereum’s strengths over Bitcoin, including faster block finality, a clear separation of duties between proposers and attesters to prevent the concentration of power, higher costs associated with attacks, strict penalties for any violations by validators, and a more environmentally friendly approach compared to Bitcoin.
$ETH #etf
What does the #Consensys study on #cryptocurrencies and #web3 say about Brazil?
When comparing with #Argentina , we can observe a high similarity of the answers with Brazil. Taking into account that the survey methodology is similar and with a similar sample. What stands out the most, is that almost all Brazilians surveyed have heard about cryptocurrencies and have a greater knowledge about the subject than in Argentina.
A big difference is that in #Brazil the people surveyed have greater confidence in their financial system. To the point that most of them believe that cryptocurrencies should be highly regulated to prevent them from affecting traditional markets.
When comparing with #Argentina , we can observe a high similarity of the answers with Brazil. Taking into account that the survey methodology is similar and with a similar sample. What stands out the most, is that almost all Brazilians surveyed have heard about cryptocurrencies and have a greater knowledge about the subject than in Argentina.
A big difference is that in #Brazil the people surveyed have greater confidence in their financial system. To the point that most of them believe that cryptocurrencies should be highly regulated to prevent them from affecting traditional markets.
#Microsoft is working on a #Crypto wallet for its web browser Edge🚀
Bleeping Computer said Microsoft has partnered with #Consensys to offer a #cryptocurrency swap feature for all its users
#Binance #BTC
Bleeping Computer said Microsoft has partnered with #Consensys to offer a #cryptocurrency swap feature for all its users
#Binance #BTC
Infura, the Web3 infrastructure firm from Consensys, has just entered into multiple partnerships with Microsoft and Tencent. Infura announced the partnership during a Decentralized RPC Summit in Istanbul on Wednesday.
#Web3🤝🥊🌐 #Consensys #Microsoft
#Web3🤝🥊🌐 #Consensys #Microsoft
ConsenSys will open its EVM-equivalent zkEVM rollup to public testnet on March 28th, 2023.
Any dapp developer or protocol will be able to join the network, test smart contracts, and build decentralized applications.
#Dapps #Consensys #zkevm #zk #keepbuilding
Any dapp developer or protocol will be able to join the network, test smart contracts, and build decentralized applications.
#Dapps #Consensys #zkevm #zk #keepbuilding
Arkham $ARKM and #Consensys have partnered to integrate #Linea into the Arkham platform, providing data on over $173M of Total Value Locked #TVL and 2.6M unique addresses on-chain.
Additionally, Arkham labels will be integrated into MetaMask through #MetaMask Snaps, enhancing accessibility for users. Consensys, led by Ethereum Co-founder Joseph Lubin, brings extensive industry expertise to the collaboration.
Additionally, Arkham labels will be integrated into MetaMask through #MetaMask Snaps, enhancing accessibility for users. Consensys, led by Ethereum Co-founder Joseph Lubin, brings extensive industry expertise to the collaboration.
⚡️ Consensys partners with numerous Web2 giants to decentralize the Infura network
Consensys has teamed up with Microsoft, Tencent and 16 other Web2 giants to increase decentralization on the Infura network. The Decentralized Infura Network (DIN) is expected to be launched in Q4 and will stand as a solution to the problem of centralization for Infrua. Infura is a Infrastructure-as-a-Service platform that provides decentralized applications and web3 wallets such as MetaMask.
#Consensys #Microsoft #Metamask #Web3🤝🥊🌐 #Infura $ETH
Consensys has teamed up with Microsoft, Tencent and 16 other Web2 giants to increase decentralization on the Infura network. The Decentralized Infura Network (DIN) is expected to be launched in Q4 and will stand as a solution to the problem of centralization for Infrua. Infura is a Infrastructure-as-a-Service platform that provides decentralized applications and web3 wallets such as MetaMask.
#Consensys #Microsoft #Metamask #Web3🤝🥊🌐 #Infura $ETH
MetaMask has partnered with Consensys Staking to run Ethereum validator nodes for users who stake at least 32 eth, a current value of $80,000. This move follows Ethereum's transition from a proof-of-work network to a proof-of-stake network, known as 'The Merge', in September 2022.
#MetaMaskUpdates #Metamask #Consensys
#MetaMaskUpdates #Metamask #Consensys
- 𝘾𝙤𝙣𝙨𝙚𝙣𝙨𝙮𝙨, 𝙖𝙣 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙞𝙣𝙛𝙧𝙖𝙨𝙩𝙧𝙪𝙘𝙩𝙪𝙧𝙚 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩 𝙘𝙤𝙢𝙥𝙖𝙣𝙮, 𝙝𝙖𝙨 𝙡𝙖𝙪𝙣𝙘𝙝𝙚𝙙 𝙞𝙩𝙨 𝙩𝙝𝙞𝙧𝙙 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙫𝙚 𝙉𝙁𝙏 𝙩𝙤 𝙘𝙚𝙡𝙚𝙗𝙧𝙖𝙩𝙚 𝙩𝙝𝙚 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝘾𝙖𝙣𝙘𝙪𝙣-𝘿𝙚𝙣𝙚𝙗 𝙪𝙥𝙜𝙧𝙖𝙙𝙚.
- 𝙏𝙝𝙚 𝙉𝙁𝙏 𝙨𝙚𝙧𝙞𝙚𝙨 𝙞𝙣𝙘𝙡𝙪𝙙𝙚𝙨 𝙊𝙥𝙚𝙣 𝙖𝙣𝙙 𝘾𝙤𝙣𝙩𝙧𝙞𝙗𝙪𝙩𝙤𝙧 𝙫𝙚𝙧𝙨𝙞𝙤𝙣𝙨, 𝙖𝙨 𝙬𝙚𝙡𝙡 𝙖𝙨 𝙖 𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙫𝙚𝙧𝙨𝙞𝙤𝙣.
- 𝙃𝙤𝙡𝙙𝙚𝙧𝙨 𝙤𝙛 𝙥𝙧𝙚𝙫𝙞𝙤𝙪𝙨 𝙈𝙚𝙧𝙜𝙚, 𝙎𝙝𝙖𝙣𝙜𝙝𝙖𝙞 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙫𝙚 𝙉𝙁𝙏𝙨, 𝙖𝙣𝙙 𝙇𝙞𝙣𝙚𝙖 𝙑𝙤𝙮𝙖𝙜𝙚 𝙉𝙁𝙏𝙨 𝙖𝙧𝙚 𝙚𝙡𝙞𝙜𝙞𝙗𝙡𝙚 𝙩𝙤 𝙢𝙞𝙣𝙩 𝙩𝙝𝙚 𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙫𝙚𝙧𝙨𝙞𝙤𝙣.
- 𝙏𝙝𝙚 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝘾𝙖𝙣𝙘𝙪𝙣-𝘿𝙚𝙣𝙚𝙗 𝙪𝙥𝙜𝙧𝙖𝙙𝙚 𝙞𝙨 𝙖 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩 𝙢𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙣𝙚𝙩𝙬𝙤𝙧𝙠, 𝙖𝙣𝙙 𝘾𝙤𝙣𝙨𝙚𝙣𝙨𝙮𝙨 𝙖𝙞𝙢𝙨 𝙩𝙤 𝙘𝙚𝙡𝙚𝙗𝙧𝙖𝙩𝙚 𝙩𝙝𝙞𝙨 𝙖𝙘𝙝𝙞𝙚𝙫𝙚𝙢𝙚𝙣𝙩 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙞𝙩𝙨 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙫𝙚 𝙉𝙁𝙏 𝙨𝙚𝙧𝙞𝙚𝙨.
- 𝙏𝙝𝙞𝙨 𝙧𝙚𝙛𝙡𝙚𝙘𝙩𝙨 𝙩𝙝𝙚 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 𝙥𝙤𝙥𝙪𝙡𝙖𝙧𝙞𝙩𝙮 𝙤𝙛 𝙉𝙁𝙏𝙨 𝙛𝙤𝙧 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙣𝙜 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩 𝙚𝙫𝙚𝙣𝙩𝙨 𝙖𝙣𝙙 𝙢𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚𝙨 𝙬𝙞𝙩𝙝𝙞𝙣 𝙩𝙝𝙚 𝙗𝙡𝙤𝙘𝙠𝙘𝙝𝙖𝙞𝙣 𝙖𝙣𝙙 𝙘𝙧𝙮𝙥𝙩𝙤𝙘𝙪𝙧𝙧𝙚𝙣𝙘𝙮 𝙨𝙥𝙖𝙘𝙚.
#ETH #Write2Earn #Consensys
- 𝙏𝙝𝙚 𝙉𝙁𝙏 𝙨𝙚𝙧𝙞𝙚𝙨 𝙞𝙣𝙘𝙡𝙪𝙙𝙚𝙨 𝙊𝙥𝙚𝙣 𝙖𝙣𝙙 𝘾𝙤𝙣𝙩𝙧𝙞𝙗𝙪𝙩𝙤𝙧 𝙫𝙚𝙧𝙨𝙞𝙤𝙣𝙨, 𝙖𝙨 𝙬𝙚𝙡𝙡 𝙖𝙨 𝙖 𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙫𝙚𝙧𝙨𝙞𝙤𝙣.
- 𝙃𝙤𝙡𝙙𝙚𝙧𝙨 𝙤𝙛 𝙥𝙧𝙚𝙫𝙞𝙤𝙪𝙨 𝙈𝙚𝙧𝙜𝙚, 𝙎𝙝𝙖𝙣𝙜𝙝𝙖𝙞 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙫𝙚 𝙉𝙁𝙏𝙨, 𝙖𝙣𝙙 𝙇𝙞𝙣𝙚𝙖 𝙑𝙤𝙮𝙖𝙜𝙚 𝙉𝙁𝙏𝙨 𝙖𝙧𝙚 𝙚𝙡𝙞𝙜𝙞𝙗𝙡𝙚 𝙩𝙤 𝙢𝙞𝙣𝙩 𝙩𝙝𝙚 𝘾𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙫𝙚𝙧𝙨𝙞𝙤𝙣.
- 𝙏𝙝𝙚 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝘾𝙖𝙣𝙘𝙪𝙣-𝘿𝙚𝙣𝙚𝙗 𝙪𝙥𝙜𝙧𝙖𝙙𝙚 𝙞𝙨 𝙖 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩 𝙢𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙣𝙚𝙩𝙬𝙤𝙧𝙠, 𝙖𝙣𝙙 𝘾𝙤𝙣𝙨𝙚𝙣𝙨𝙮𝙨 𝙖𝙞𝙢𝙨 𝙩𝙤 𝙘𝙚𝙡𝙚𝙗𝙧𝙖𝙩𝙚 𝙩𝙝𝙞𝙨 𝙖𝙘𝙝𝙞𝙚𝙫𝙚𝙢𝙚𝙣𝙩 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙞𝙩𝙨 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙫𝙚 𝙉𝙁𝙏 𝙨𝙚𝙧𝙞𝙚𝙨.
- 𝙏𝙝𝙞𝙨 𝙧𝙚𝙛𝙡𝙚𝙘𝙩𝙨 𝙩𝙝𝙚 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 𝙥𝙤𝙥𝙪𝙡𝙖𝙧𝙞𝙩𝙮 𝙤𝙛 𝙉𝙁𝙏𝙨 𝙛𝙤𝙧 𝙘𝙤𝙢𝙢𝙚𝙢𝙤𝙧𝙖𝙩𝙞𝙣𝙜 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩 𝙚𝙫𝙚𝙣𝙩𝙨 𝙖𝙣𝙙 𝙢𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚𝙨 𝙬𝙞𝙩𝙝𝙞𝙣 𝙩𝙝𝙚 𝙗𝙡𝙤𝙘𝙠𝙘𝙝𝙖𝙞𝙣 𝙖𝙣𝙙 𝙘𝙧𝙮𝙥𝙩𝙤𝙘𝙪𝙧𝙧𝙚𝙣𝙘𝙮 𝙨𝙥𝙖𝙘𝙚.
#ETH #Write2Earn #Consensys
Consensys reveals a no-code NFT studio Phosphor
#Consensys , a leading blockchain tech company, has launched Phosphor, a user-friendly #NFT toolkit simplifying creation without coding. With a focus on accessibility, it aims to democratize the NFT space, attracting diverse creators. #Phosphor also introduces credit card payments, making NFT transactions more inclusive. The beta release marks a potential game-changer in the digital assets realm.
#Consensys , a leading blockchain tech company, has launched Phosphor, a user-friendly #NFT toolkit simplifying creation without coding. With a focus on accessibility, it aims to democratize the NFT space, attracting diverse creators. #Phosphor also introduces credit card payments, making NFT transactions more inclusive. The beta release marks a potential game-changer in the digital assets realm.
El Mejor Consejo Para Invertir En Criptomonedas
#Consensys #Connext #Anfelia_Investment #Bitcoin #Bitcoin Invertir en criptomonedas es una actividad que puede ser muy rentable, pero también implica riesgos y desafíos. Antes de empezar, es importante que tengas en cuenta algunos consejos básicos:- Infórmate bien sobre el mercado de las criptomonedas, sus características, sus ventajas y sus desventajas. Hay muchas fuentes de información disponibles en internet, como [Coinmarketcap](^1^), [Coin Stats](^2^) o [Cryptonews](^3^).- Elige una plataforma de exchange confiable y segura para comprar y vender tus criptomonedas. Una de las más populares y utilizadas es [Binance](^4^), que ofrece una gran variedad de criptomonedas, servicios y herramientas para los inversores.- Define tu perfil de inversor, tus objetivos y tu estrategia. Dependiendo de tu nivel de riesgo, tu horizonte temporal y tu capital disponible, puedes optar por diferentes técnicas de inversión, como el swing trading, el day trading, el promedio de coste en dólares o la inversión en valor.- Diversifica tu portafolio y no inviertas más de lo que puedes perder. Las criptomonedas son muy volátiles y pueden sufrir grandes fluctuaciones de precio en poco tiempo. Por eso, es conveniente repartir tu inversión entre varias criptomonedas y no arriesgar más de lo que estás dispuesto a perder.- Mantén las emociones bajo control y no te dejes llevar por el miedo o la codicia. El mercado de las criptomonedas está influenciado por la psicología de los inversores, que pueden actuar de forma irracional ante las noticias, los rumores o las tendencias. Por eso, es importante tener un plan de acción y seguirlo con disciplina y paciencia.Espero que estos consejos te sean útiles para empezar a invertir en criptomonedas. Si tienes alguna duda o quieres saber más sobre algún tema, puedes preguntarme lo que quieras. Estoy aquí para ayudarte. 😊.Origen: Conversación con IA, 6/3/2024(1) Cómo invertir en criptomonedas (para principiantes; 2024). https://www.saberespractico.com/criptomonedas/como-invertir-en-criptomonedas/.(2) Cómo empezar a invertir en criptomonedas. Todo lo que debes saber. https://www.mitrade.com/es/articulo/cripto/tutorial/empezar-a-invertir-en-criptomonedas.(3) Consejos para invertir en criptomonedas: guía completa 2023. https://es.cryptonews.com/noticias/mejores-consejos-para-invertir-en-criptomonedas.htm.(4) TOP 5 Consejos Para Invertir En Criptomonedas - Blog Bitso. https://blog.bitso.com/es-mx/criptomonedas-mx/consejos-invertir-criptomonedas.(5) Getty Images. https://www.gettyimages.com/detail/photo/coins-of-various-cryptocurrencies-royalty-free-image/1034363382.
Just in; $ETH Dencun Upgrade successfully 🎉 this a sharing collects free an (NFT) Potential for Future a Snapshoot Eligible of #Airdrop Limited Edition
Ethereum Mainnet upgrade to #Dencun successfull. This eagerly upgrade a projected to reduce gas fees for Layer 2 networks, unlocking greater scaling for the ETH ecosystem.
𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 NFT Version free collects to secured any point or eligible to future the AIRDROP in Ethereum Ecosystem.
1️⃣ NFT Open Edition: Available to all
2️⃣ NFT Community Edition: Exclusively for holders of Regenesis, Shanghai, or The #LineaVoyage NFTs.
3️⃣ NFT Celebrated Dencun Mainnet Upgrage in POAP collects.
Official claim NFT by #Consensys
1. ($0.1-$0.5) Just paying gas fees on LINEA https:// consensys.io/ethereum-dencun-upgrade
2. ($13+/-) Just bought 0,003E + gas fees in $ARB $OP $BASE https:// checkout.poap.xyz/170862/crypto?step=1
Ethereum Mainnet upgrade to #Dencun successfull. This eagerly upgrade a projected to reduce gas fees for Layer 2 networks, unlocking greater scaling for the ETH ecosystem.
𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 NFT Version free collects to secured any point or eligible to future the AIRDROP in Ethereum Ecosystem.
1️⃣ NFT Open Edition: Available to all
2️⃣ NFT Community Edition: Exclusively for holders of Regenesis, Shanghai, or The #LineaVoyage NFTs.
3️⃣ NFT Celebrated Dencun Mainnet Upgrage in POAP collects.
Official claim NFT by #Consensys
1. ($0.1-$0.5) Just paying gas fees on LINEA https:// consensys.io/ethereum-dencun-upgrade
2. ($13+/-) Just bought 0,003E + gas fees in $ARB $OP $BASE https:// checkout.poap.xyz/170862/crypto?step=1
In a major development, Consensys backs Web3 infrastructure provider Entangle with a strategic investment, propelling its funding to a massive $4 million.
#Consensys #Entangle #NGL
https://blockchainreporter.net/consensys-boosts-entangles-journey-to-enhance-web3-infrastructure-with-strategic-investment/
#Consensys #Entangle #NGL
https://blockchainreporter.net/consensys-boosts-entangles-journey-to-enhance-web3-infrastructure-with-strategic-investment/
Meter.io, $MTR is not just another cryptocurrency; it's a beacon of stability powered by a unique energy-based consensus mechanism.
Every $MTR token is tangibly backed by 10 kWh of electricity, ensuring a stable purchasing power superior to fiat currencies.
Meter's smart design allows for an elastic response in block rewards based on miners' activity, constantly adjusting to maintain the value of $MTR.
Meter.io's financial acumen doesn't stop there. The platform also features a revolutionary on-chain auction for $MTRG, which serves to buffer any excess $MTR from the market, continually nudging the price back to its sustainable range.
In essence, $MTR embodies a non-dollar-pegged metastablecoin, steadfast in its value thanks to the ingenious coupling of mining activity with real-world energy costs.
#MTR #energy #currency #Consensys
Every $MTR token is tangibly backed by 10 kWh of electricity, ensuring a stable purchasing power superior to fiat currencies.
Meter's smart design allows for an elastic response in block rewards based on miners' activity, constantly adjusting to maintain the value of $MTR.
Meter.io's financial acumen doesn't stop there. The platform also features a revolutionary on-chain auction for $MTRG, which serves to buffer any excess $MTR from the market, continually nudging the price back to its sustainable range.
In essence, $MTR embodies a non-dollar-pegged metastablecoin, steadfast in its value thanks to the ingenious coupling of mining activity with real-world energy costs.
#MTR #energy #currency #Consensys
