Demex Daily #60: $ETH Buterin Suggests Fewer Validator Signatures in Ethereum PoS Revamp

What’s Interesting Today:

Ethereum founder Vitalik Buterin proposed a significant change to Ethereum's Proof-of-Stake (PoS) system in a recent blog post. Aimed at post-Shanghai upgrade, the strategy involves reducing the number of required validator signatures from the current tens of thousands to 8,192. This change is designed to address technical challenges, improve security, and make Ethereum more accessible. Buterin's proposal includes options like Decentralized Staking Pools, Two-Tiered Staking, and Rotating Participation, emphasizing the importance of simplicity and security in Ethereum's ongoing development.

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RepubliK, a SocialFi platform, has partnered with Fireblocks to enhance web3 security in social media. This collaboration marks the first time a social media platform integrates Fireblocks' institutional-grade digital asset management technology, aiming to provide secure, multi-chain management for users, especially those transitioning from web2 to web3. The move demonstrates RepubliK's commitment to high-level security and trust in the web3 community. This integration is part of RepubliK's broader effort to revolutionize social media by ensuring secure and empowering digital interactions. Fireblocks is recognized for its adoption by major institutions and startups for robust digital asset security.