Sandeep Nailwal takes charge of Polygon Foundation as first CEO

Sandeep Nailwal takes charge of Polygon Foundation as first CEO

Polygon co-founder Sandeep Nailwal assumed full executive control, marking a move away from decentralized governance. Polygon co-founder Sandeep Nailwal has taken full control of the Polygon Foundation as its first-ever CEO. The move marks a shift away from the decentralized governance model the organization had embraced. The foundation, which oversees Polygon Labs and other arms…

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Ethereum Foundation lays off staff, rebrands core team

Ethereum Foundation lays off staff, rebrands core team

The Ethereum Foundation has restructured its core development team and reduced headcount to focus on scaling and user experience. The Ethereum Foundation (EF) has restructured its internal development group, rebranding its core research team and laying off some staff in the process. According to a June 2 announcement, the EF’s former Protocol Research & Development…

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StarkWare launches mobile-friendly zero-knowledge prover

StarkWare launches mobile-friendly zero-knowledge prover

StarkWare’s new Stark Two (S-two) prover lets users generate cryptographic proofs directly on their devices. Blockchain company StarkWare has unveiled zero-knowledge (ZK) prover STARK Two (S-two), enabling enhanced privacy and verification on everyday devices like phones, laptops and browsers.  The company said the new ZK prover allows users to generate complex cryptographic proofs from the…

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Are layer 2s good for Ethereum, or are they ‘extractive?’

Are layer 2s good for Ethereum, or are they ‘extractive?’

Has Ethereum been too complacent about fees? It no longer has the “luxury of being a peace-time research project,” said one conference panelist. Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security. But maybe they’ve become too successful, drawing chain activity…

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