#blockning

[baeddelations]

I luv seeing a post whr thr talkn about tmasc hating ideology and seeing abunch of the ppl who liked it also like my posts🙃

[moviesludge]

tumblr was super dead last night so I was looking through my follower list trying to check out blogs. I didn’t realize how bad the bots had gotten again. I went through like 3 pages and maybe like 15% were actual people. Did a lot of reportn n blockn

[coineagle]

Ethereum Users’ Surge in Private Transactions: Impact on ETH Value?

Key Points

Private transactions on the Ethereum network have significantly increased, consuming 50% of Ethereum’s gas.

The increase in private transactions has led to increased volatility in Ethereum’s base fees.

Increased Private Transactions on Ethereum

Ethereum has seen considerable growth in network activity, revenue, and address amidst significant changes in the crypto markets.

The past year has seen a surge in private transaction order flow on the Ethereum network.

Research by Blocknative indicates a significant increase in private transaction order flow.

Private transactions make up 30% of all transactions within the ETH L1 block, despite consuming over 50% of total ETH L1 block space based on gas usage.

Users opt for private transactions for MEV protection, especially for complex transactions.

These transactions are gas-intensive, consuming more gas per transaction than non-MEV transactions.

Impact on Base Fees

The increase in private transactions and gas usage has influenced Ethereum’s base fees.

The 2021 EPI-1559 upgrade altered the dynamic base fees, which vary based on the space’s size.

Increased private transactions have resulted in “vanilla blocks,” leading to volatile base fees.

This volatility is a disadvantage for network users, as it affects base fees, especially when dealing with major users like Titan, Rsync, Beaver, and Flashbots.

For instance, top builders have increased their private transactions throughout the year.

Titan increased their gas usage from 3.5 million to 8.5 million through private transactions from March.

Other top players, such as Beaver and Rsync, have also increased their usage.

This surge has significant implications, pushing many users out of the game.

This is evident as small builders are reducing gas usage as most struggle to reach the 15 million set by the 2021 EIP-1559 upgrade.

[coinmystique]

And not using a trace of hyperbole, Blocknative CEO Matt Cutler says that account abstraction is “probably the biggest upgrade to the user experience on Ethereum as anything in the history of the network.”It’s a troublesome idea to totally grasp, Cutler admits. “It took a while for everybody to wrap their minds around it. I was super confused by it. I was reading the papers, and I couldn’t figure out what the hell was going on.”On the Empire podcast (Spotify/Apple), Cutler explains a psychological mannequin for ERC-4337 account abstraction. As an alternative of fixing already-existing infrastructure, “account abstraction introduces a new layer on top of everything else,” he says.Learn extra: Ethereum’s ERC-4337 account abstraction good contract is resideWith right now’s Ethereum wallets, customers signal transactions which can be despatched to the general public mempool, Cutler says. Sensible contract wallets based mostly on the brand new 4337 commonplace add a “whole layer on top of that,” he says, the place customers specific “intent” as an alternative.“These intents are programmable,” Cutler says. “Transactions on Ethereum today are these very fixed things, these very fixed rules that have certain characteristics or properties.”Account abstraction permits for extra versatile bundling of transactions in response to person intent, Cutler explains. One benefit Cutler mentions is the power to “abstract away” gasoline costs. “You could have your gas price paid in USDC or any ERC-20 — or even off-chain assets like a credit card or even credit card points or miles.”This development “opens things up,” Cutler says, “for new types of transactions to happen” with bundlers. The bundlers are a “new class of builders,” Cutler says, that may take a number of person intents and “wrap them up, supply the gas and sign the transaction and submit to the network” by way of “alt-mempools.” A Web2-like expertise on Web3Bundled person intents directed to alt-mempools permit wallets “to do much more powerful things on behalf of end users,” Cutler says. “You can provide Web2-like transaction experiences, but have it go on Web3.”Cutler offers an instance of an artist rewarding a superfan with unique experiences. The artist may simply ship the superfan an NFT, however this is able to require the recipient to be “crypto aware” and have a crypto pockets, Cutler explains. An artist may as an alternative work with a platform like Spotify, utilizing bank card numbers to behave as account abstraction wallets, he suggests. “You have a private key associated with your credit card wallet, and you can literally drop an NFT into a Visa card.”When the superfan reveals up for an occasion, Cutler says, the asset related to their bank card’s abstracted account may give them entry to a VIP space, for instance.“Suddenly these experiences get wide open,” Cutler says, “all enabled by Web3, but massively simpler for all members of the supply chain.”Cutler suggests the blockchain business must “meet users where they already are — like existing credit card holders,” for instance.“These things that you already have and know and use and are familiar with will get superpowers,” Cutler says, “because account abstraction allows users to become conversant and usable — and secure in this Web3 environment.”Don’t miss the subsequent huge story – be part of our free each day e-newsletter.

[lpm24k]

JUSTICE SYS KNO THEY BEEN BLOCKN THIS COMMUNICATION TAMPERING WIT MAIL B...

[blockchainfeed]

The tool, which was released just a few weeks after Blocknative had to cut back on its MEV-Boost relay services, could ultimately help reduce instances of block-level manipulation and protect users from front-running bots. #Blockchain #Crypto

[ailtrahq]

Table of Content Less than two weeks after Huobi rebranded itself to HTX to boost user adoption, the crypto exchange was targeted by a hacker who siphoned 5000 ETH worth almost $8 million from the platform. Let’s find out more.  Bitcoin The third green candle in a row has now propelled bitcoin past its downward trend line, which has been in force since 13 July.  Ethereum The signs are looking good for Ethereum, with a break to the upside and a shift in the ETH/BTC pair in favor of the former, as well as a spike in ETH dominance.  DeFi The Uniswap Foundation (UF) has submitted a proposal seeking a second round of funding to invest in their vision of powering their vision of the DeFi ecosystem.  Curve founder Michael Egorov has cleared his debt on Aave by depositing 68 million CRV tokens worth $35 million, settling his entire debt position on the DeFi lending protocol.  The Jade Protocol is facing calls from a longtime member to liquidate its $31 million token treasury and issue redemptions to all token holders.  Business Crypto exchange Binance has advised its Paysafe users to convert their EUR balances into USDT by the end of October as the latter had withdrawn its services from the platform. The DFINITY Foundation has made a significant move in driving Web3 adoption in Asia with the launch of the ICP Asia Alliance and a generous $20 million grant program. Chainlink has announced the integration of its Cross-Chain Interoperability Protocol (CCIP) with layer-2 blockchain Base.  Notable Bitcoin miner Marathon Digital has confirmed the mining of an invalid block on the Bitcoin network.  Fhenix, an Israel-based encryption startup dedicated to bringing fully homomorphic encryption to smart contracts, has announced it has raised $7 million in seed funding.  Ethereum transaction tools provider Blocknative has made the decision to withdraw from its services connected to MEV-Boost Relay, the software utilized by network validators. The bankrupt crypto lender BlockFi is set to begin repaying its customers after it received approval to begin the repayment process for customers as part of its amended liquidation plan.  Tether has communicated to Cake DeFi that since the latter is controlled by “another corporation that resides in Singapore,” it is precluded from redeeming USDT.  Japan’s largest bank, Mistubishi UFG Trust, has teamed up with Binance Japan to launch a Yen-backed stablecoin offering.  The Arbitrum Foundation announced in a tweet that it had transferred 69 million worth of its ARB native token to its own treasury. Cryptocurrency exchange Coinbase had pursued the acquisition of FTX’s European entity as it looked to increase its foothold in the worldwide derivatives business.  Security Cryptocurrency exchange HTX (formerly Huobi) has become the latest victim of a hack, losing 5000 ETH worth around $7.9 million, as revealed by company advisor Justin Sun.  P2P network Mixin Network confirmed in a disclosure published today that it incurred a loss of roughly $200 million in digital assets after an exploit that it is still under investigation. South Korean cryptocurrency exchange Upbit has announced the resumption of Aptos (APT) deposits and withdrawals after fixing an issue that saw a scam APT token identified as the real one. 

[deman1313]

Real selfcare is blockning all Monika X Sayori/Natsuki/Yuri/MC shippers

[sostarlightcoffee]

My rules!

I am a minor so don't push on dirty stuff!

I will do any fandom x another but my main will be

villainous meeting anyone you guys ask! Even aus of themselves!

Go ahead and be nice! You may insult them but not to harsh!

And if your question is an insult and extremely trash then I am blockn ur AZZ!

(why does it look like egg at the end?) We shall never know!

Cake Kevin, maybe some spooky month shipping! I don't go past wholesome so if that's what you don't want me to do, GET OUT!

Same with villainous! You will not go as far for me to draw something bad!

What do I do, you ask? B-l-o-o-d-y stories!

[baeddelations]

I rlly wish blockn just let u not see someones posts i wuld use it so much more

[technsavi]

ETH platform Blocknative adds bundles, cancellation, replacement

Blocknative, a real-time Ethereum (ETH) infrastructure platform, has newly introduced features including transaction bundle send, cancellation, and replacement support for the Blocknative Builder. Searchers can now submit MEV bundles privately to the Blocknative Builder to be included on-chain. This market utility builds upon Blocknative’s reliable, real-time infrastructure that is systematically…

[infinitytill93]

America’s cup of coffee

[atlafan]

Blockning when you’re not even fighting is just so immature. You’re both adults and have already ended everything, why block now? It makes zero sense!

THATS WHAT IM SAYING! I’m literally going to ask him about this when I see him next week

[petnews2day]

Archblock Attempting to Bring US Banks to DeFi; Bitcoin and Ether Stall

New Post has been published on https://petn.ws/JFXLD

Archblock Attempting to Bring US Banks to DeFi; Bitcoin and Ether Stall

Ether (ETH): The second-largest cryptocurrency followed BTC’s trajectory, sliding around 2.8% to $1,272 as of publication time. The Web3 infrastructure company Blocknative, which has become one of Ethereum’s biggest block builders, raised $15 million in a Series A-1 round, led by Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures […]

See full article at https://petn.ws/JFXLD #OtherNews

[newstakatk]

Put up-Merge Ethereum Block Builder Blocknative Raises $15 Million

[cryptonews256]

Blocknative Completes $15 Million Series A-1 Funding for Block Building on Ethereum

Blocknative Completes $15 Million Series A-1 Funding for Block Building on Ethereum

When Blocknative completed the other part of the Series A investment in 2021, the CEO revealed plans to expand the team. Web2 infrastructure company Blocknative has secured $15 million in a Series A-1 round for the block-building market in the Ethereum ecosystem. Launched in 2018, the company focuses on transaction processing on the Ethereum blockchain. And it plans to use the latest funding to…