10 years on, Ethereum finally has a plan to solve the blockchain trilemma and scale the L1 to 10,000 TPS while maintaining decentralization. A decade after the first block was generated on July 30, 2015, Ethereum’s roadmap has a renewed sense of direction and purpose.Sure, the recent price increase helps a lot, but after years of mucking around with scaling via L2s, the Ethereum L1 finally has a credible path to maximal scaling while preserving maximal decentralization. The TL;DR is that the gas limit and transactions per second (TPS) will increase multiple times a year from here on out. Validators will switch from reexecuting transactions to simply verifying zero-knowledge (ZK) proofs, enabling the base layer to hit 10,000 transactions per second.The L2s will scale up in concert to process hundreds of thousands, if not millions of TPS, and a new type of L2 called native rollups will act like programmable shards of a unified blockchain offering the same security as the base layer.Read more Source: cointelegraph.com (Read Full Article)

Why is Meta allegedly pirating porn? Math suggests AI agents won’t take everyone’s jobs, AIs secretly trained to love owls, and more: AI Eye. A new lawsuit claims Meta has been secretly pirating porn for years from torrent sites using virtual private clouds in order to train its AI models.Strike 3 Holdings and Counterlife Media, which own porn sites attracting 25 million monthly visitors, have sued Facebooks parent company for almost $359 million for allegedly infringing on the copyright of 2,396 adult films that Meta is said to have downloaded since 2018.The allegations are similar to the lawsuit brought by well-known authors against Meta that claimed the tech giant pirated 81.7 terabytes of books only this case is much more interesting because its about porn.Strike 3 Holdings told the court it offers rare long cuts of natural, human-centric imagery showing parts of the body not found in regular videos and said it is concerned Meta will train its AIs to eventually create identical content for little to no cost.Read more Source: cointelegraph.com (Read Full Article)

China state TV bashes Trump’s crypto policies in 30-minute special. New Telegram dark markets tie with Huione’s infrastructure. Asia Express. CCTV, Chinas state broadcasting mouthpiece, aired a half-hour special on cryptocurrencies and how the US is attempting to solidify dollar dominance with stablecoins.The July 27 broadcast framed the new US stablecoin legislation GENIUS Act, as a geopolitical turning point. CCTV pinpointed that the new rules explicitly ban a Federal Reserve-issued central bank digital currency (CBCD) while allowing stablecoins to export US debt in digital form.The broadcaster said stablecoins backed by US Treasury bonds represent the third phase of dollar hegemony after Bretton Woods gold and Middle Eastern oil. In this model, crypto users across the globe become indirect holders of US government debt, while stablecoin issuers emerge as the next generation of bond superbuyers. The program warned that this digital infrastructure could displace weaker currencies.Read more Source: cointelegraph.com (Read Full Article)