On September 13, Taiko posted on X that the team is working on upgrading the Taiko-based rollup protocol to a new 1.9.0 version and preparing for Ontake (the first TaikoBCR protocol fork). Ontake brings the following features to Taiko L2: - Enhanced L2EIP-1559: The base fee is adjustable at L1, and eventually all relevant parameters will be managed by the DAO at L1. - Initial support for transaction reconfirmation: block proponents can confidently build multiple blocks without first submitting the old block to L1. Batch support: Blocks can be proposed and proven as a batch, opening the door to proof aggregation, which will further reduce gas costs. - Calldata for contract proponents: Proponents can use Calldata without signature verification. This means that when using Calldata to obtain data availability, the proponent can be either a contract or an EOA.
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Federal Reserve Chairperson Jerome Powell said on Wednesday that market expectations that the central bank would act to calm the volatility may be wrong. Asked if the central bank would intervene in response to a sharp drop in the stock market, Federal Reserve Chairperson Powell said: "My answer is no...
The dollar index, which measures the greenback against major currencies, fell 0.83 percent on the day to close at 99.385 in late foreign exchange trading.
Federal Reserve Chairperson Powell: AI is not just a stronger version than Google, but more like a better version of humans. Artificial intelligence could be a huge change. Artificial intelligence is one of two or three factors that could bring about dramatic changes to the economy, but it is difficult to predict how it will ultimately affect. Artificial intelligence is still in its early stages.
The US Treasury won the bidding for a $13 billion 20-year Treasury issue yielded 4.81%, compared to a pre-issue trading level of 4.814% at 1pm ET. The win the bidding yield was 4.810%, compared to 4.632% last time. The bid multiple was 2.63 times, compared to 2.78 times last time. The primary dealer won the bidding for 17%, compared to 8.8% last time. The direct bidder won the bidding 12.3%, compared to 22.4% last time. The indirect bidder won the bidding for 70.7%, compared to 68.8% last time.
Federal Reserve Chairperson Jerome Powell: Cryptocurrencies are gradually becoming mainstream, and establishing a legal framework for stablecoins is a good idea.
Jerome Powell, chairperson of the Federal Reserve, said in a speech that markets were struggling with a lot of uncertainty. If uncertainty remains high, it will weigh on investment. Rising structural risks will make the US less attractive. We may see continued market volatility.