Arbitrum Creator Offchain Labs Acquires Prysmatic Labs, Leading Ethereum (ETH) Development Team

The Prysmatic Labs team – responsible for architecting the Merge – will continue developing Prysm and initiatives like EIP-4844 data-sharding.

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Offchain Labs acquires Ethereum core dev team Prysmatic Labs

Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations.

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Ethereum’s client diversity: with 66% running Prysm, is The Merge safe to pursue?

Around the middle of this year, Ethereum, the second-largest blockchain in terms of monetary value, and with hundreds of billions of dollars worth of assets depending on its operation, will transition from the Proof-of-Work consensus algorithm securing the system today, to the Proof-of-Stake system of tomorrow – a procedure described by many as changing the […]

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Ethereum Empowered: Prysm Unleashes v4.0.4 With Critical Fixes & Exciting Upgrades

Prysm, the leading Ethereum client, has announced the release of Prysm v4.0.4. It is the first full release following the recent mainnet issues, and all stakers are urged to update this version as soon as possible. Apart from critical fixes for the mainnet, this release includes several new features and bug fixes since v4.0.3. A few days […]

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Ethereum’s Prysm Client Unleashes Hotfix v4.0.3 to Tackle Network Instability Woes

The Ethereum client Prysm has released a hotfix version, v4.0.3, to address recent network instability issues. The latest release contains optimizations to prevent beacon chain nodes from consuming too many resources during turbulent times. Important Fixes & Optimizations In the Latest Ethereum Prysm Release According to an announcement, the hotfix is essential to avoid high resource usage by the […]

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Ethereum Developers Resolve Beacon Chain Finality Issues

Ethereum developers have taken measures to address the finality issues that occurred on the Beacon chain in the past week. On May 11 and May 12, the Beacon chain, the consensus layer of the Ethereum network, was unable to reach finality on two occasions. The first occurrence lasted for 25 minutes, and the second for [...]

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