Vitalik Buterin Seeks to Simplify Ethereum’s Proof-of-Stake Model for Greater Efficiency, Proposes Three Changes

Buterin emphasized that these proposals provide credible ways to limit the number of signatures without compromising security or showing favoritism. Ethereum wants to make its proof-of-stake model simpler for better efficiency. Right now, validating transactions on the Ethereum blockchain is done by a large number of validator nodes, around 895,000 of them, and they generate…

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New Binance CEO Promises Greater Transparency

The new Binance CEO has noted that Binance will begin operating a conventional corporate structure under his leadership. New Binance CEO Richard Teng has promised that the firm will maintain a greater commitment to transparency moving forward. Teng made this pledge in his first blog post to the company users. Mr Teng took over as…

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