Judge Rules Craig Wright Isn't Satoshi
EigenLayer Prepares For Mainnet, El Salvador Now Uses Cold Storage For Bitcoin, Aribitrum Launches 'Atlas' Upgrade
Welcome to Coinfeeds Daily Digest! Today we cover the UK court ruling against Craig Wright being Satoshi Nakamoto, which also says that Wright isn't Bitcoin white paper's author. Another Satoshi candidate, Adam Back, has said that Bitcoin with a price of $100,000 is 'overdue'. Also, El Salvador has transitioned to a cold wallet for its Bitcoin and already received many gifts like Ordinals and other NFTs from crypto fans, Monad has hit 10,000 TPS in testing as part of their devnet launch, Arbitrum has released the 'Atlas' upgrade that is introducing Dencun's blobs to the network, and EigenLayer is preparing for its mainnet by increasing testnet performance and security.
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UK Judge Rules Craig Wright Is Not Satoshi Nakamoto
A UK judge has ruled that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the enigmatic figure behind the creation of Bitcoin. The case, brought forward by the Crypto Open Patent Alliance (COPA), aimed to stop Wright from claiming he was the mind behind Bitcoin and its foundational whitepaper. | Read More
EigenLayer Mainnet Launch Nears
EigenLayer is taking a meticulous and phased approach to its mainnet launch. The primary focus is on ensuring the highest levels of security and performance. The preparation includes a final testnet phase on Holesky, which serves as the last testing ground before the official launch. | Read More
Monad Hits 10,000 TPS In Testing
Monad's achievement of 10,000 TPS in testing is not just a number—it represents a leap towards making blockchain technology more practical and scalable for widespread use. Compared to Ethereum's current capacity, which handles roughly 30 TPS, Monad's performance showcases the potential for significantly higher throughput. | Read More
Adam Back Says $100K Bitcoin Is 'Overdue'
Adam Back's prediction is rooted in several key factors that suggest a bullish future for Bitcoin. Firstly, despite reaching new all-time highs, with prices hovering around $72,600 to $73,737, Back believes that the asset is currently undervalued. This belief is based on Bitcoin's robust performance, and the introduction of new applications that improve user interface. | Read More
Arbitrum Launches 'Atlas' Upgrade, Introducing Blobs
The 'Atlas' upgrade introduces blobs, a new type of transaction designed for more efficient data storage on Ethereum. By incorporating blobs, Arbitrum can significantly decrease the amount of data stored in each transaction, leading to lower transaction fees. This upgrade was implemented by Offchain Labs, a core contributor to Arbitrum. | Read More
El Salvador Further Grows Its Bitcoin Adoption
El Salvador has recently transferred a substantial portion of its Bitcoin assets into a cold wallet. The nation's new Bitcoin address has received 67 Ordinals donations, a form of Bitcoin transaction that allows for the inclusion of tokens, text, and images. Among these donations is a copy of the "Cypherpunk Manifesto," a document that outlines the philosophical foundation of the digital privacy movement. | Read More