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Prysm celebrates eight years.
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Polygon PoS turns five.
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Privacy Pools reopens deposits.
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SharpLink Gaming plans an ETH treasury.
Offchain Labs commemorated eight years of Prysm, its Ethereum consensus layer client written in Go. Prysmatic Labs was originally formed in 2018 to support Ethereum 2.0’s sharding vision. Prysm went live as a consensus layer client on December 1, 2020, coinciding with the launch of the Ethereum Beacon Chain. Prysm activated the Altair hard fork in 2021, The Merge in September 2022, and was acquired shortly after by Offchain Labs, the team behind Arbitrum, in October 2022. Under Offchain Labs, Prysm has helped deliver the Capella, Dencun, and most recently, Pectra. Today, Prysm is the second most widely used consensus layer client.
Polygon PoS celebrated its five-year anniversary since its mainnet launch on May 30, 2020. Originally launched as Matic Network with a focus on Plasma scaling, Polygon serves as an EVM-compatible Ethereum sidechain. Polygon gained traction in 2021 due to its low fees amid the NFT boom. Today, it powers major applications like Polymarket, the leading prediction markets platform. Polygon PoS is undergoing a major upgrade to Polygon 2.0, a transition that involves converting the chain into a zkEVM Validium secured by the AggLayer. In September 2024, Polygon migrated MATIC to POL as its primary staking and gas token to support this shift. Polygon is now the eighth-largest blockchain by bridged TVL, with over $5.2 billion in assets, including $2.4 billion in stablecoins.
Privacy Pools, an onchain privacy protocol, is back online after fixing a deposit bug that allowed precommitments to be reused. The issue led to two users unintentionally submitting duplicate precommitments, which could have rendered their funds unspendable. Privacy Pools deployed an upgraded contract that includes a registry to track and prevent reused precommitments. Following the fix, the protocol received a 25 ETH deposit from Vitalik Buterin.
SharpLink Gaming, an affiliate marketing company serving the sports betting and gaming industries, filed a Form S-3 with the SEC to register the right to sell up to $1.0 billion worth of securities. The company has disclosed plans to use proceeds from a recently completed private placement to purchase ETH as a primary treasury reserve asset. The company cited ETH’s benefits, including capital efficiency, long-term appreciation potential, and alignment with digital-native gaming markets.
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