💲 Twitter enhances crypto experience with latest addition of BTC and ETH price indexes

💲 Twitter enhances crypto experience with latest addition of BTC and ETH price indexes 👎 Paxful CEO Ray Youssef delists ETH, citing lack of decentralization and comparing ETH to fiat 🛸 Polygon launches a second public zkEVM testnet

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At the same time, we thought that this would be a great opportunity to let you all in on the secret of what we have in store for the new year! Tune in today for an exclusive sneak peek at all of the exciting things that $VEMP is planning for 2023.

https://twitter.com/vEmpireDDAO/status/1604880247043657739

We can’t wait to share the news with you and can’t wait to see what the new year brings. So be sure to set a reminder for this space, as you won’t want to miss out on the exciting news we have in store! Thank you again for your continued support and may all of your dreams come true!

💲 Twitter enhances crypto experience with latest addition of BTC and ETH price indexes 

👎 Paxful CEO Ray Youssef delists ETH, citing lack of decentralization and comparing ETH to fiat 

🛸 Polygon launches a second public zkEVM testnet

Twitter enhances crypto experience with latest addition of BTC and ETH price indexes

Twitter is becoming more crypto-friendly under the new management. The company has now added a new feature, which enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab. This is an upgrade on "$Cashtags", which Twitter announced on Dec. 21.

The $Cashtags work as clickable links that direct users to search results of major stocks, exchange-traded funds and cryptocurrencies. With the inclusion of Bitcoin and Ether, Twitter users can now quickly access up-to-date crypto price information and make informed decisions when trading.

The feature has been warmly welcomed by cryptocurrency traders as it will save them a lot of time while trading. Furthermore, it will also increase the visibility of cryptocurrencies and might even attract new traders to the market. Twitter is making an effort to bridge the gap between traditional finance and crypto markets, and this feature is a testament to that.

Paxful CEO Ray Youssef delists ETH, citing lack of decentralization and comparing ETH to fiat

Paxful, a popular peer-to-peer crypto market platform, has decided to delist Ethereum (ETH) from its platform. This decision was made by the company's co-founder, Ray Youssef.

Youssef believes that Ethereum is no longer a truly decentralized cryptocurrency, as the platform has switched to a proof-of-stake consensus mechanism. He believes that this change makes Ethereum more similar to fiat currencies than other cryptocurrencies on the market. As such, he feels that investors will be safer without the second-largest crypto asset by market cap.

“Here are the reason why I am removing ETH from Paxful: ETH switched from proof-of-work to proof-of-stake. Proof-of-work is the innovation that makes Bitcoin the only honest money there is, whereas proof-of-stake has rendered ETH essentially a digital form of fiat. ETH is not decentralized. It is controlled by a small group of people and one day you will need permission to use it. ETH had some utility on real use cases, such as credit and lending, but it thrives because of tokenization. The tokens that ETH has spawned have been scams that have robbed people of billions. They have stolen valuable momentum away from Bitcoin and cost us years on our mission.” Youssef said.

Paxful's decision to delist Ethereum has been met with some criticism from the cryptocurrency community, who believe that this will have a negative impact on Ethereum's price and trading volume as well as overall prestige of the asset.  While Ethereum may not be as decentralized as other coins, it still has utility and value in the marketplace. Many investors only do crypto only because of Ethereum, and it would be a shame for them to miss out on potential gains due to this delisting.

Polygon launches a second public zkEVM testnet

Polygon's zkEVM has launched its second public testnet, taking one step closer towards a mainnet launch. Through this upgrade called recursion, the developers are expecting that it could result in exponentially scaling Ethereum-based projects and applications.

At this stage of development, Polygon has opened up their code for proving systems which is a key component of the running process. This will allow developers and users to test out the functionalities and identify any bugs before its mainnet launch.

The team has not revealed a timeline for their mainnet launch yet but they are continuing to work diligently on the project, aiming to unleash these new scaling capabilities as soon as possible. This development could be a major step forward in the Ethereum blockchain space and it is certainly an exciting time for the community.

Polygon is claiming that their zkEVM is the first open-source platform of its kind. Even so, it has been met with criticism from other zkEVM platforms for their use of the term ‘open-sourcing’. Regardless, the development team is confident that they are moving in the right direction and that their system could be a major breakthrough for Ethereum users and developers.  

It remains to be seen how successful the zkEVM will be in the long run, but it is certainly an exciting development in the blockchain space. With the public testnet launch, developers and users can now put the zkEVM technology to use and see what it is capable of. This could be a big step forward for Ethereum-based projects and applications.