Bitcoin News Official TheBitTimes.com

Developers behind the Rocket Pool staking service have rolled out a roadmap and a sneak peek at new Features for upgrades scheduled for next year. Ethereum staking service Rocket Pool has announced plans to develop a fully on-chain decentralized autonomous organization (DAO) powered by RPL governance. According to a blog post published on Nov. 9, the so-called Protocol DAO (or pDAO) will not require snapshot voting “or any other 3rd party tools to function” as it will be built fully on a blockchain. You might also like: Vitalik Buterin cautions against staking pools adopting DAOs With the DAO, the community members would be able to change the Rocket Pool protocol settings, spend treasury funds on initiatives and react “in the event of any potential issues with the protocol.” RPL price | Source: crypto.news After the news broke, RPL price shortly jumped by 25%, reaching the $34 mark, a level last seen in July 2023. As of press time, RPL is tra...

Shiba Inu (SHIB) developer Kaal Dhairya has outlined strategies and plans for scaling operations on Shibarium in response to the network’s growing traffic bottlenecks.   Dhairya recently provided insights into the platform’s technical issues after the Polygon-based network experienced an unexpected surge in traffic. This led to the identification of thousands of contract creations and normal transactions within a single block.  As a precautionary measure, Shibarium entered fail-safe mode to secure user funds. To address these issues, Kaal says he’ll collaborate with knowledgeable partners, including other developers and the so-called “Unification team.” Multiple action plans have been devised and will be executed, with regular updates shared with the community to ensure transparency and maintain open communication channels, he added. You might also like: SHIB price climbs 20% as Shibarium launch nears The developer also highlighted the circulati...