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An open letter criticizing the company's actions has been signed by well-known developers

The initiative will be phased in over the next few months

Initially, ten countries, including Italy, Poland and Greece, will participate in the project as operators

Authority to promote the sector will be given to the Secretary of Commerce

In early April, the blockchain updated the record at 1054 transactions per second

The company has engaged blockchain analysts to search for vulnerabilities

The update is aimed at preparing the network for possible future congestion

In the testnet, the number reached 2 811 000

Monitoring will be carried out using the company’s Chainalysis tool

At the same time, the project’s revenue fell by more than 90% after the hype around Inscriptions collapsed

The development followed a partnership with Google Cloud

The total value locked of the project has already reached $280 million