Celestia releases its roadmap to 1GB blocks.
Paper on what impacts crypto prices.
Erigon releases Erigon 3 Alpha 3.
Celestia introduced its roadmap to scale to 1GB blocks, aiming to dramatically increase data throughput and reduce transaction fees for rollups. As a modular data availability blockchain, Celestia allows rollups to use any virtual machine for their execution layer. Celestia’s first upgrade, named Lemongrass, is currently in development. The roadmap to 1GB blocks will involve multiple technical upgrades, including a content-addressable mempool, node sharding, and an enhanced data availability sampling protocol. In addition to scaling, Celestia aims to ensure its blockspace is verifiable by anyone, on any device, through light nodes that can run in web browsers.
Uniswap, in partnership with Copenhagen Business School, released a research paper titled "What Drives Crypto Asset Prices?." The study examines the effects of conventional monetary policy shocks, risk premium shocks, and crypto-specific demand shocks on the market. The research found that monetary policy significantly influences cryptocurrency returns. It found that crypto adoption shocks lead to increases in both crypto prices and stablecoin market capitalizations. The also paper noted a growing disconnection between cryptocurrency markets and traditional financial. It concluded that stablecoins have become safe-haven assets within the crypto ecosystem.
Erigon released Erigon 3 Alpha 3, the latest version of its all-in-one EVM node, supporting both the execution and consensus layers. The release introduces mining support, a 30% reduction in state size, significantly reduced RAM usage, and a 50% decrease in chain data size. A full node resync is required for the updates to take effect. Erigon 3 is optimized for use as an archive, full, or pruned node, featuring ultra-fast RPC calls and the capability to handle over 1Ggas/sec in block production.
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