In the Know:
This delightful article graces the latest edition of The Protocol, our charming weekly newsletter that takes a leisurely stroll through the tangled gardens of cryptocurrency technology. Sign up here to have it delivered to your inbox every Wednesday, because what could be better than a weekly dose of economic lucidity?
Welcome to The Protocol, where I, Margaux Nijkerk, your humble chronicler of all things tech and protocols, serve up a fine compendium of the week’s highlights in cryptocurrency developments. Let us proceed with the weighing of scales and the opening of doors!
In this quaint assembly:
- Vitalik Buterin’s New Fanciful Proposal Seeks 16.7M Gas Cap on Ethereum to Rein In the Glaring Transaction Bloat—because nothing says “we care” like capping gas!
- Jack Dorsey Unveils Bitchat: the only way to communicate without WiFi and without revealing what you truly think of your neighbor’s cat. 💬
- Volkswagen ADMT: In a bold collaboration, they turn to Solana’s Hivemapper Bee Maps, perhaps hoping the bees know where to put their cars. 🚗🐝
- Eigen Labs: In a shocking twist, they trim 25% of their choir—a glorious new focus on EigenCloud! Alas, the once vibrant symphony is now a solo endeavor. 🎼
Whispers of the Network
NEW ETHEREUM PROPOSAL FROM VITALIK BUTERIN: Ah, the perennial dance of Ethereum, where dear Vitalik and his co-author T. Wahrstaetter have woven a proposal that would tether the gas consumption of transactions into a delightful, cozy range of 16,777,216 gas (2²⁴)—like giving a toddler a new toy, only to find it here to stay! Imagine, less chaos on the blockchain; a more serene digital existence where transactions don’t aim to consume the entire kingdom’s gas supply! As they say, “Too much of a good thing can be… too much!”—Shaurya Malwa Read more.
JACK DORSEY UNVEILS BITCHAT WHITEPAPER: In a move that redefines the idea of ‘communication,’ Jack Dorsey has graced us with Bitchat—where Bluetooth do their charming dance to carry messages like notes passed in class. Who knew that feeling disconnected could bring us closer? Is it nostalgia for simpler times, or is it merely the growing anxiety of a world too dependent on the internet?—Jamie Crawley Read more.
SOLANA HIVEMAPPER AND VOLKSWAGEN TEAM UP: In a masterstroke of innovation, Volkswagen’s ADMT embarks on a quest—gathering mapping data from the industrious bees of Hivemapper, presumably hoping to make their future robotic pick-ups a tad less confused than before. Because if there’s anything a self-driving car needs, it’s the ability to locate a busy corner without stopping for directions! 🗺️—Margaux Nijkerk Read more.
EIGENLABS LAYS OFF STAFF AMID RESTRUCTURE: Eigen Labs has decided to shed some weight, trimming its workforce by 25%—a strategy not born of a simple cash-crunch, oh no, rather a strategic ploy to refocus their efforts on EigenCloud, which they insist is “verifiable.” One cannot help but feel for the employees in this digital jungle, where projects come and go like summer vacations—one moment you are lounging, the next you’re packing up your beach towel. 🌴—Francisco Rodrigues Read more.
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2025-07-09 19:43