Blockpro

Coinbase is taking decisive steps towards decentralizing its Ethereum Layer-2 blockchain, Base, through the implementation of Fault Proofs. These Fault Proofs are designed to allow users to challenge invalid transactions, thereby eliminating the need for a centralized, trusted third party. This new system, launching on October 30, is set to enhance Base’s reliability and security, making it more attractive for a wider range of users and businesses. Base’s partnership with Ethereum Layer-2 blockchain Optimism provides a foundation for this advancement, with the Fault Proof system having already been in use on Optimism since June 2024. As Base continues to grow — having nearly quadrupled its total value locked (TVL) since its launch in 2023 — the need for robust security features has become increasingly evident. Currently, Base ranks as the second-largest Layer-2 solution after Arbitrum, further demonstrating its rise as a leader in the decentralized blockchain space. One key factor cont...

  The financial world is on the brink of a major transformation, with blockchain technology taking center stage. Recent developments highlight that more banks and financial institutions are exploring the potential of this technology to enable more efficient, secure, and transparent transactions. A prime example is the European Central Bank’s (ECB) blockchain testing for payments, in which Börse Stuttgart is actively involved. These pioneering tests demonstrate how blockchain could shape the future of banking and the significant role that leading financial institutions play in this shift. Blockchain: More Than Just Cryptocurrency Most people associate blockchain with cryptocurrencies like Bitcoin or Ethereum, but its applications go far beyond just crypto trading. Blockchain provides a revolutionary infrastructure for a wide range of financial services, particularly in areas like securities settlement, payment processing, and data management. In collaboration with the ECB, Börse Stu...