Inspired by the minimalist design of Bitcoin, Ethereum co-founder Vitalik Buterin launched a new proposal aimed at generating changes in the Ethereum mainnet, with the goal of making the platform 'the global ledger' in the coming years.
In a paper titled 'Simplifying L1', published on May 3 on his official page, Buterin outlined his vision for restructuring the architecture of the second most important network in the market. This, through consensus, execution, and shared components.
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'The aim of this publication is to shed light on an aspect of resilience (and ultimately, scalability) that is equally important and easy to underestimate: the simplicity of the protocol,' noted the developer.
He recalls what he qualifies as one of the best things about Bitcoin, considering 'how incredibly simple' the protocol of the pioneering network is, being based on a series of blocks connected by a hash.
The validity of each block is verified through proof of work, meaning checking that the first bytes of its hash are zeros. Each block contains transactions. Transactions spend coins created during the mining process or generated by previous transactions. And that is practically it.
🪙 Ethereum is nearing a key level — the last time this happened, it triggered a 450% rally
The ETH/BTC chart may be on the verge of repeating history: if it mirrors 2019, Ethereum could see a massive rebound.
What’s happening:
🟡 ETH/BTC is once again testing the 0.016 BTC zone — the same level where Ethereum began a 450% rally against Bitcoin back in 2019. 🟡 The setup looks nearly identical: oversold RSI, prolonged downtrend, and price sitting below key moving averages. 🟡 Back then, the drop was due to the ICO collapse. Now, ETH is pressured by the switch to PoS, rising competition, and Bitcoin’s growing dominance among institutions. 🟡 Vitalik Buterin has proposed a new Ethereum architecture — simpler and faster — in an effort to restore confidence. One analyst called it “the most bullish thing for ETH.” 🟡 If ETH/BTC breaks out of its multi-year bearish parabola, that could technically open the door to a new rally.
❕ But not everyone’s convinced: Bitcoin pioneer Adam Back says Ethereum’s architecture is too complex and fragile. His stance? “Flush ETH before it’s too late and buy Bitcoin.”
What do you think?
👍 — ETH will reverse and rally 🔥 — Ethereum is done, better to hold BTC
😍 Apple eases crypto app rules — and it's a seriously bullish signal
A U.S. federal court has found Apple guilty of violating an antitrust injunction and ordered the company to immediately lift restrictions that prevented developers from directing users to external payment options. For the crypto industry, this could be a major turning point.
What’s changed:
🟡 Developers can now directly link to external payment systems (including crypto, NFTs, subscriptions, etc.) without paying Apple’s 30% “tax.” 🟡 The court explicitly banned Apple from charging any commission on purchases made outside the app or from tracking those transactions. 🟡 Apple can no longer exclude crypto apps and NFT collections from these new rights. 🟡 These changes are effective immediately, meaning crypto wallets, DeFi apps, and Web3 games on iOS can now operate more freely and efficiently. 🟡 Crypto commentators on X are already calling this a “hyper-bullish moment” for the mobile crypto ecosystem.
❕ While Apple’s updated guidelines suggest they’re not thrilled about the ruling — rules are rules. And crypto has just scored a major win in the mobile space.
What do you think — will this shift the balance of power in the Web3 world?
Volatility shook the financial markets in April, and crypto assets were not spared from the storm.
However, Bitcoin (BTC) and some cryptocurrencies demonstrated resilience. Beyond the fluctuations, a profound shift is taking shape. The digital currency created by Satoshi Nakamoto is moving away from speculation and positioning itself as a pillar in the global economy, increasingly behaving like digital gold.
Financial markets faced turbulence in April, driven by uncertainty surrounding Donald Trump's tariff policy following the 'Liberation Day'.
Bitcoin, along with other crypto assets, experienced volatility, just like stocks and risk assets. However, the Nasdaq Crypto IndexTM (NCITM) reveals that cryptocurrencies recovered faster than the S&P 500 and gold in the weeks following events such as the regional banking crisis in the United States in 2023, the reversal of the yen carry trade in August 2024, and the tariffs imposed by Trump last April.$BTC #BitcoinReserveDeadline #StrategicBTCReserve
A Solana wallet is an interface that allows users to interact with the network securely and directly. These wallets enable the storage and management of SOL —the native token of the network— as well as SPL tokens (the Solana standard for fungible and non-fungible tokens), in addition to accessing key functionalities such as staking, on-chain governance, and connecting with smart contracts deployed on its network.
Solana, unlike other layer 1 networks like Ethereum, bets on a high-speed and low-cost architecture, supported by its Proof of History (PoH) consensus protocol combined with Proof of Stake (PoS). This technical efficiency allows processing of more than 65,000 TPS with transaction costs lower than USD 0.001, making it an ideal network for traders, active users of dApps and DeFi, as well as developers seeking scalability and efficiency. #solana #ETH
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