Latest news with #LeanEthereum
Yahoo
01-08-2025
- Business
- Yahoo
Ethereum's Justin Drake Unveils ‘Lean' Roadmap to Fend Off Quantum Threats
Ethereum Foundation researcher Justin Drake has introduced a new framework for the network's long-term development called Lean Ethereum, aimed at simplifying the protocol's design while preparing it for the security risks posed by future quantum computers. The roadmap, published Thursday on the Ethereum Foundation blog, highlights a renewed emphasis on simplicity, security, and efficiency at the base layer of the network. Lean Ethereum advocates for a streamlined approach to how Ethereum validates transactions, stores data, and secures itself, reducing complexity in favor of minimalism. The goal, according to Drake, is to make Ethereum's core protocol easier to maintain and ultimately more robust over time. Security is a major driver behind the proposal. Drake stresses the need to proactively defend against quantum computing threats, which could eventually break today's widely used cryptographic tools. Lean Ethereum outlines a transition toward post-quantum signature schemes, laying the groundwork for Ethereum to remain secure even in the face of those emerging technologies. 'We stand at the dawn of a new era. Millions of TPS. Quantum adversaries. How does Ethereum marry extreme performance with uncompromising security and decentralization?' Drake wrote. Read more: Top Ethereum Researcher's Dramatic Proposal Draws Standing-Room-Only Crowd in Bangkok Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Economic Times
31-07-2025
- Business
- Economic Times
Cryptocurrency Live News & Updates : Coinbase Shares Drop 7% Following Q2 Earnings Miss
01 Aug 2025 | 03:20:12 AM IST Coinbase reported $1.5 billion in Q2 revenue, missing estimates, with adjusted Ebitda down to $512 million as trading activity declined despite rising crypto prices. Coinbase's disappointing Q2 results have led to a 7% drop in its stock, as the crypto exchange reported $1.5 billion in revenue, falling short of expectations. In contrast, Strategy (MSTR) reported a significant profit of $14 billion, driven by a 30% rise in Bitcoin prices, showcasing the contrasting fortunes in the crypto market. Meanwhile, Ethereum's Justin Drake has proposed a new roadmap, 'Lean Ethereum,' aimed at enhancing the network's security against potential quantum threats. Additionally, Figma's IPO saw its shares soar 198%, with the company holding $70 million in a Bitcoin ETF and planning further investments in Bitcoin. Lastly, SEC Chairman Paul Atkins announced 'Project Crypto,' which aims to clarify regulations around crypto assets, asserting that most are not securities, marking a shift from previous SEC positions. This wave of developments highlights the dynamic nature of the cryptocurrency landscape, with companies adapting to market conditions and regulatory changes. Show more
