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??  Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador

President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as a rebranding for the nation.

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*⚒ Bitcoin mining difficulty hit a new all-time high, reaching 100 T!*

Historically, increases in the network difficulty of the first cryptocurrency have been a leading indicator of BTC price growth. ?

Danksharding vs. Proto-Danksharding

Danksharding and proto-danksharding are pivotal technologies in Ethereum’s roadmap to improve scalability, especially for layer-2 rollup solutions. Proto-danksharding, introduced in EIP-4844, is a stepping stone toward full danksharding and is set to debut in Ethereum’s Cancun-Deneb upgrade (Dencun) on March 13, 2024.

Danksharding focuses on optimizing Ethereum’s scalability, making rollups faster and cheaper. Proto-danksharding, as an intermediate step, lays the groundwork for these improvements.

By leveraging layer-2 solutions like rollups, Ethereum can scale up from 15 transactions per second to thousands, reducing fees and enhancing overall efficiency.

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