Fun

News Feed - 2023-10-31 02:10:19

Zhiyuan Sun6 hours agoAvalanche blockchain explorer to shut down as Etherscan fees draw controversyAnnual subscription fees for Etherscan"s EaaS service has reportedly grown to $2 million per year.1494 Total views7 Total sharesListen to article 0:00NewsJoin us on social networksSnowTrace, a popular blockchain explorer tool for Avalanche, will shut down its website — powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit — on Nov. 30. The SnowTrace team clarified that only its Etherscan-powered explorer will be shut down.


According to the Oct. 30 announcement, Snowtrace users are required to save their backup information, such as private name tags and contact verification details, before Nov. 30. While the team did not explicitly state the reason for shutting down the explorer, some have pointed to Etherscan’s service fees for its EaaS toolkit. Mikko Ohtama, co-founder of Trading Strategy, claims that an annual subscription to EaaS can cost between $1 million and $2 million per year. Ohtama wrote: “EtherScan is a very good product, but smart contract verification is something that needs to be decentralised. Regulators and other are not going to be kosher with ‘how do you check this?’ ‘the source code is hosted by a private company in Malaysia.’”


Phillip Liu Jr., head of strategy and operations at Ava Labs, also commented that the protocol is “moving onto something better” and is “absolutely not” ceasing operations. For a fee, Etherscan’s EaaS service provides blockchains with a block explorer and application programming interface (API) solution. A block explorer may be discontinued due to the non-renewal of an EaaS service agreement, insufficient bandwidth, or limited traffic. In such instances, users are recommended to save their data, such as private name tags, transaction notes, contract verification details, etc., before shutting down. The instance of Snowtrace by @etherscan will be discontinued on 30th November (00:00 UTC)

Thank you @avax and the community for the last 2 years of support and we wish you the best moving forward pic.twitter.com/WdBOzIWOz9— Snowtrace.io (@SnowTraceHQ) October 30, 2023


Magazine: Ethereum restaking: Blockchain innovation or dangerous house of cards?# Blockchain# Cryptocurrencies# DeFi# AvalancheAdd reactionAdd reactionRead moreBitcoin is evolving into a multiasset networkWSJ debacle fueled US lawmakers’ ill-informed crusade against cryptoWeb3 game project allegedly hired actors to pose as executives in $1.6M exit scam

News Feed

Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange
Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange press release PRESS RELEASE. Volt Inu, the innovative crypto project and leading decentrali
Visa to Approve Cryptocurrency Card by Australian Startup
Visa to Approve Cryptocurrency Card by Australian Startup Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
Central African Republic President on BTC Volatility: "Mathematics Don"t Account for Human Emotions" In an apparent message to critics of the Central African Republic’s bitc
Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments
Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments In preparation to regulate its fintech space, the government of Sri Lanka has established a
Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain
Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in eu
Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community ‘Exponentially’
Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community "Exponentially" Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-f
Turner Wright12 hours agoJudge grants DOJ motions barring testimony of Sam Bankman-Fried’s witnessesJudge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to
Tigran Gambaryan’s health worsens, surgery now required
Vince Quill8 hours agoTigran Gambaryan’s health worsens, surgery now requiredGambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.999 Total vie
Sharia Compliance in Bitcoin – What It’s All About, and Why Exchanges Like Beldex Seek Muslim Traders
Sharia Compliance in Bitcoin - What It"s All About, and Why Exchanges Like Beldex Seek Muslim Traders Money is a critical part of everyone’s life, and for the religious it
Safe token drops 42% after enabling transfers
Ezra Reguerra13 hours agoSafe token drops 42% after enabling transfersSafe’s decentralized autonomous organization enabled token transferability on April 23 after achieving several milestones.2430 Total views4 Total sh
Rakesh Upadhyay4 hours agoBitcoin price stability creates lucrative setups in TON, XMR, MNT and QNTBitcoin price holding $26,000 could open up some bullish trading opportunities in TON, XMR, MNT and QNT.1282 Total views2
Get 5x Verse Tokens in Bitcoin.com Games’ Exclusive Raffle for Players Participating in the Verse Public Sale
Get 5x Verse Tokens in Bitcoin.com Games’ Exclusive Raffle for Players Participating in the Verse Public Sale Participate in the Verse Public sale and opt into the exclusive raff