IOTA to undergo major mainnet upgrade to Rebased protocol in May

IOTA will implement its largest network upgrade to date on May 5, transitioning its mainnet to the new IOTA Rebased protocol.  The upgrade introduces full decentralization, staking, Layer 1 smart contract support via MoveVM, and scalability exceeding 50,000 transactions per second. The Rebased protocol replaces IOTA’s (IOTA) previous architecture with a delegated Proof-of-Stake (DPoS) model,…

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Strategy buys 6,556 Bitcoin after BTC reaches monthly high

The largest corporate Bitcoin holder in the world, Strategy, has purchased 6,556 BTC for $555.8 million after the cryptocurrency broke through its monthly high of $87,400. According to a regulatory filing addressed to the U.S. Securities and Exchange Commission on April 21, Michael Saylor’s company Strategy, formerly MicroStrategy, has bought 6,556 BTC (BTC) worth around…

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Vitalik Buterin proposes replacing EVM with RISC-V for scaling

Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine with RISC-V, an open-source instruction set architecture, as the new foundation for Ethereum smart contracts. In a post shared on the Ethereum Magicians forum on Apr. 20, Buterin argued that the switch could drastically improve the performance and simplicity of Ethereum’s (ETH) execution layer….

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