Ethereum Layer-2 Network Scroll Advances Decentralization with Euclid Upgrade

Scroll, an Ethereum layer-2 scaling solution, has achieved a major milestone with its Euclid upgrade, transitioning the network to a more decentralized ’stage 1’ rollup. This upgrade enhances performance and broadens application compatibility, marking a significant step forward in Scroll’s evolution.

Scroll’s Euclid Upgrade Transitions Network to ‘Stage 1’ Decentralization

Scroll, the Ethereum layer-2 network, has launched its Euclid upgrade, marking its most significant protocol transformation to date. The upgrade transitions Scroll from a ’stage 0’ to a ’stage 1’ rollup, retiring centrally-controlled safety features in favor of increased decentralization. Euclid includes features to improve network performance and boost compatibility for certain applications.

Ethereum (ETH) Price Rally and Whale Activity

The crypto markets are recovering from trade war losses. Bitcoin surged above $93,000, while Ethereum made a significant leap of over 10% in the past 24 hours, securing support at $1800. Whales intensified their activity, with one buying nearly 20,000 ETH worth $34.7 million. Another whale withdrew over 12,000 ETH from Binance, raising concerns of a potential price drop.

Goblintown’s Really Hard Driving Game Unsolved, $10K Prize Unclaimed

Goblintown, an Ethereum NFT project, hosted a pop-up in New York City showcasing its ultra-difficult driving game. Participants had the chance to win $10,000 if they could complete the game on their first try, but no one succeeded. The game is inspired by ultra-hard platformers like Getting Over It and requires players to navigate treacherous obstacle courses without making any mistakes.

Ethereum Rebounds, Surging 30% in Two Weeks

Ethereum has experienced a significant rebound, surging by 30% in just two weeks and crossing the $1,800 mark. An inverted Head & Shoulders pattern has signaled a bullish reversal, and transaction fees have dropped by 90%, making the network more attractive. The appointment of Paul Atkins to the SEC has also boosted market confidence. Under favorable technical conditions, Ethereum could target $3,360 by the end of May.