This, even as peripheral evidence points to the fact that Sriki had several bitcoin wallets and had access to lakhs of bitcoin addresses.Ī bitcoin wallet is a digital wallet used to send and receive bitcoins. This is what the scant forensic evidence attached to Central Crime Branch’s (CCB) chargesheet in the drugs case against the 25-year-old, has revealed.Īs per forensic evidence submitted by both Unocoin and Group Cyber Id Technologies Pvt Ltd, two of the seven electronic items including phones and hard- disks recovered from Sriki and co-accused Robin Khandelwal, have provided very little evidence of bitcoin theft. While high-profile hacker Srikrishna Ramesh alias Sriki may have been part of an international bitcoin theft chain, the Bengaluru police has done little to recover the cyber-loot. The first three can be accessed here, here and here.)
(This is the fourth in The Quint's five-part series on the Bengaluru Bitcoin Scam. Nikhila HenryPublished: Crime4 min readiShareShareShareShareShareComments Though Srikrishna Ramesh's gadgets point to bitcoin heist, police show no recovery. ‘Always grateful’ – Three Arrows Capital CEO retracts ETH abandonment tweetsĬharles Hoskinson believes Cardano is in the best position to venture in this space…
Why comparing Ethereum, Bitcoin blockchain size is ‘not always particularly relevant’Įthereum co-founder thinks this asset is ‘where it should be’ todayĬoinbase NFT: Analyst claims this could hurt ‘wildfire NFT adoption’ Ask her about film photography and philately.Įthereum: 1 million ETH now burned, but here’s why the Merge cannot wait She has a Masters in Journalism and her areas of study include crypto-regulation, digital society, privacy, and intersectionality. Sahana is a full-time journalist at AMBCrypto. What makes crypto a ‘healthy market,’ and one that ‘will continue to develop’ĭecentraland (MANA) may make a comeback, thanks to low correlation with Bitcoin Related Topics:ETH 2EthereumThe MergeVitalik ButerinUp Next “It’s very unrealistic for old data to disappear completely there are far too many services that have an interest in ensuring its availability: block explorers, any major stakeholder in the ecosystem of the rollup, exchanges…” However, Reddit users wanted to know how rollups would access expired history and data. Rollups have an important part to play in the Ethereum ecosystem, as they are the layer-two solution for scaling up transactions on the second-largest crypto by market cap. “Running a node becomes cheaper. Alternatively, it could be used to justify a moderate gas limit increase, which would lower tx fees.” One user in the AMA wasn’t sure that historical expiry would bring perks for the end-user. Clients may locally prune this historical data.” “Clients must stop serving historical headers, bodies, and receipts older than one year on the p2p layer. This means validators need to buy even larger disks. Old blocks on the Ethereum chain reportedly translate to more than 400 gigabytes of hard disk storage space. Meanwhile, Ethereum Improvement Proposal-4444 deals with historical data in Ethereum clients. “I personally think that we will have to have either PBS or state expiry eventually (or maybe both), and PBS is looking more realistic because it’s urgent for other reasons (MEV).” Even so, he spoke about the theft of maximal extractable value and said, Only builders and light client servers would have storage requirements.”īuterin cautioned that PBS was yet to be fully developed and tested. “Statelessness + PBS would allow independent validators to run with basically no storage requirements.
Buterin recently posted about this method which was meant to stop block proposers – or miners – from adding transactions to the block in a way that benefited them. One user asked about proposer/builder separation (PBS). He clarified that both solutions could be implemented. These included a one-time history expiry which would take place after the Merge, as well as a periodic history expiry with a shifting deadline, formally known as EIP-4444. Meanwhile, founder Vitalik Buterin also added his take.īuterin put forward two possible solutions to deal with Ethereum’s historical data. During a Reddit AMA, Ethereum users spoke about dealing with past chain data and discussed ways to scale Ethereum L1. As Ethereum grows, so does its history – and the hard disk requirements for validators, whose wallets are hurting.