Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated…
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Ethereum, Bitcoin users reignite scalability debate as gas fees surge
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.
‘Not even a single TX has been censored on ETH’ — Cyber Capital founder
Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds.
Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’
The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered…
Bitcoin is ‘one of the worst cryptocurrencies’ claims Cyber Capital founder
The comments come as Ethereum and Cardano are soon undergoing significant upgrades, while Bitcoin has remained largely unaltered.
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at…