Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories of the technological development of cryptocurrencies. I am Margaux Nijkerk, reporter Tech & Coindesk Protocols.
In this issue:
- Ethereum Developer offers 6 -second block hours to increase the speed
- Airbender de Zksync ZKVM proves the Ethereum blocks in 35 seconds
- Norway plans prohibit new crypto extraction data centers
- XRP Ledger brings a sequestration to token, other upgrades for dexals in a new version
Network news
New Ethereum proposal that could make the network faster: Ethereum could soon run twice as fast. It is according to a new proposal launched by the basic developer Barnabé Monnot to reduce the niche time of the network from 12 seconds to six seconds, effectively doubling the number of blocks produced per minute. The idea, which is part of the EIP-7782, could be included in the next Glamsterdam upgrade planned for 2026. Publicly discussed proposals or ideas are common in the blockchain world and cannot necessarily go to tests. If it was implemented, the proposal would reduce the time spent on three stages of key consensus: blocking proposals (3 seconds)Attracts (1.5 seconds)and aggregation (1.5 seconds). This would shave six seconds from the current 12 -second cycle. Faster blocks mean faster confirmations, cooler data on the chain for wallets and applications, and a more transparent experience for users. – Shaurya Malwa Learn more.
The new prover by Zksync ‘Airbender’: Matter Labs, the developer firm behind the layer of layer 2 ZKSYNC, has unveiled its new cryptographic prover “Airbender”. A prover is a key component for layers-2, because it generates zero knowledge of knowledge which is then displayed on the blockchain of the base layer (in this case Ethereum) – A crucial process to link the two channels and ensure its safety. The Zksync team says that Airbender is the fastest of its kind, offering evidence of Ethereum block in 35 seconds with a single GPU, exceeding its references from competitors. Having quick speeds can save on transaction costs. “We are in fraction of a hundred territory which is essential for key use cases, including micropaies, high frequency trade and decentralized social,” said Alex Gluchowski, co-founder of Matter Labs, in an interview with Coindesk. “The faster evidence unlock a faster purpose, cheaper applications and, above all, evidence that can be generated anywhere, not just in massive GPU farms.” – Margaux Nijkerk Learn more.
Norway plans prohibit new crypto extraction data centers: The government of the Labor Party of Norway has revealed plans to impose a temporary ban on all new Crypto extraction data centers which use energy work proof systems, by Reuters. The proposed rule could start in the fall of 2025, if it is approved, and aims to preserve electricity capacity for more productive industries. “The exploitation of cryptocurrencies is very high power intensity and generates little jobs and income for the local community,” said the Minister of Digitization Karianne Tung, adding this decision reflects “the government’s clear intention to limit the exploitation of cryptocurrency in Norway as much as possible”. Norway, with its vast renewable hydroelectric resources, has long attracted bitcoin minors looking for low -cost energy. Companies like Kryptovault have established operations outside of OSLO – performing data centers up to 40 MW, recycling heat with dry wood or reheating the buildings nearby. – Shaurya Malwa Learn more.
The XRP LEDGER version brings new features and upgrades: Ripplex, which supports the developers of the Ledger XRP, published version 2.5.0 of “Rippled”, its network’s implementation of the network. The new version is delivered with a chain of amendments that widen the features and governance tools of the network. The new amendments are now open to the vote according to the amendment process of the XRP Ledger, which allows changes in protocol after two weeks of support of more than 80% of confidence validators. The seven amendments include “Tokenescrow”, which allows a sequestration for Iou and versatile tokens, “lot”, allowing the atomic execution of group transactions; And “permissions”, which allows operators DEX to control participation for regulatory compliance. Ripplex asked the validators to go to the latest version as soon as possible to ensure the continuity of the service. The update ends while XRPL continues to become a more flexible and aware of the authorization led by DEFI use cases and business developers concerned with compliance. – Shaurya Malwa Learn more.
In other news
- Strategy (MSTR) is currently experiencing its volatility made at the lowest 10 days since it added Bitcoin BTC for the first time to its assessment in 2020, according to Jeff Park, responsible for Alpha strategies at Bitwise Asset Management. The volatility carried out refers to the real historical movement of the price of an asset over a specific period, in this case ten days. It is calculated using past price data and indicates how the price has fluctuated in reality, as opposed to the quantity of fluctuation in the future. In addition to moderate historical price swings, the implicit volatility of MSTR (IV) is currently at 48.33%, which is among the lowest levels recorded for the stock in recent years. In addition to moderate historical price swings, the implicit volatility of MSTR (IV) is currently at 48.33%, which is among the lowest levels recorded for the stock in recent years. – James Van Straten Learn more.
- Crypto Exchange Coinbase (COIN) There remains one of the most badly included companies in the space of digital assets, said the Wall Street broker, Bernstein, in a research report. Bernstein has increased his Coinbase course goal to $ 510, against $ 310 and reiterated his “outperformance” note on the action. The shares Wednesday morning was greater than 4% at around $ 360 at the start of negotiations. While the wider feeling leans Bearsh, Coinbase cements its role as “universal bank” of crypto, and arises of retail, institutional and chain infrastructures on a scale unrivaled by its peers, according to the report. – Will Learn more.
Regulation and Policy
- The best American senators shared an overview of the rules for the interior cryptography markets, releasing a set of principles while they are preparing to chop their intentions during an afternoon hearing. The cryptography industry is enthusiastic about the recent progress of the legislation on stablescoin, but the legislation aimed at implementing the structure of the entirely regulated cryptographic activity is what the sector expects the most emergency. The president and three other republicans of the senatoric banking committee offered this framework, representing half of the team which should possibly erase a bill, which must also go through the Senate Committee for Agriculture. – Jesse Hamilton Learn more.
- Texas has become the first US state to create an autonomous Bitcoin reserve funded by public finances after governor Greg Abbott signed Bill 21 of the Senate during the weekend. The bill orders the State to establish a Bitcoin reserve managed independently of the main treasury, joining a small but increasing a group of states exploring the reserves of digital assets. Unlike Arizona and New Hampshire, which has adopted similar legislation, Texas does not only allow reserve but actively finance. The state will appropriate $ 10 million to buy Bitcoin for the reserve. – Tom Carreras Learn more.
Calendar
- June 24-26: without permission, Brooklyn
- June 30-July 3: ETHCC, Cannes
- July 16-18: Web3 summit, Berlin
- September 22-28: Korea Blockchain Week, Seoul
- October 1-22: Token2049, Singapore
- November 17-22: DevConnect, Buenos Aires
- December 11-13: Solana Breakpoint, Abu Dhabi
- February 10-12, 2026: consensus, Hong Kong
- May 5-7, 2026: consensus, Miami
