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Hong Kong residents spend most time online globally: NordVPN

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Hong Kong residents spend essentially the most time on-line – nearly half of their lives – primarily watching movies on YouTube adopted by scrolling by means of social media channels, in response to a brand new survey by digital personal community supplier NordVPN. 

See associated article: Hong Kong publicizes insurance policies to win again function as digital asset hub

Quick details

  • The survey additionally identified that about 60% of Hong Kong respondents rely on the web every day and share lots of delicate data.
  • Among the many most publicly disclosed particulars are date of delivery (58%), names and surnames (50%), full tackle (37%), relationship standing (27%), nationwide insurance coverage quantity (23%) in addition to photos of themselves and their household (22.5%). 
  • Each fifth individual in Hong Kong publicly disclosed their clothes dimension (20%) and financial institution particulars (19.6%).
  • NordVPN commissioned the survey, which was performed by exterior firm Norstat on Aug. 16-25.
  • Among the many international locations surveyed, the Japanese spent the least time on-line.
  • The U.Ok. is second to Hong Kong for time spent on on-line video games, whereas People lead a typically balanced digital life, the survey discovered.

See associated article: Korea Blockchain Week factors to video games main the way in which right into a Web3 savvy world



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Paradigm releases ‘Ethereum for Rust’ to help ensure network stability

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Web3 funding agency Paradigm has launched a Rust implementation of Ethereum, in keeping with a Dec. 7 announcement from the corporate’s chief expertise workplace, Georgios Konstantopoulos. The brand new software program, referred to as “Reth,” permits Ethereum validators to launch their nodes utilizing Rust as an alternative of Go, Java, or different languages.

A earlier Rust implementation had been launched by Erigon in June, however the Erigon crew stopped supporting it in November once they discovered that Reth was below growth, in keeping with a put up by the Erigon crew.

Within the announcement, Konstantopoulos acknowledged that the software program has been launched so as to “[contribute] to Ethereum’s stability by enhancing shopper variety,” in addition to to offer node software program that may carry out properly.

Within the Ethereum developer neighborhood, “shopper variety” refers to the concept that no single model of node software program ought to dominate the community. Builders consider that if a single model of the software program dominates, this might result in instability within the community from bugs or exploits. The Ethereum documentation places it this fashion:

“A number of, independently developed and maintained shoppers exist as a result of shopper variety makes the community extra resilient to assaults and bugs. A number of shoppers is a energy distinctive to Ethereum – different blockchains depend on the infallibility of a single shopper. Nonetheless, it’s not sufficient merely to have a number of, shoppers accessible, they must be adopted by the neighborhood and the entire lively nodes distributed comparatively evenly throughout them.”

A chart throughout the Ethereum docs reveals that over 80% of Ethereum validators at present use Geth, which is a model of Ethereum written in Go. The docs state that this proportion is “problematic” for the community.

A breakdown of Ethereum validators. Supply: Ethereum Basis. 

The builders of Reth agree that Geth’s dominance is an issue. In a weblog put up, they are saying:

 “The Ethereum protocol advantages from shopper variety when no shopper has >66% dominance […] With Reth, we hope to develop the pie of shoppers within the ecosystem to contribute to the community’s well being whereas preserving our consensus-critical adoption in verify.”

Associated: Demand for liquid Ethereum staking choices continues to develop post-Merge

In September, Ethereum accomplished The Merge, an occasion that eradicated mining and allowed Ethereum holders to stake their cash for extra rewards. However it nonetheless suffers from excessive transaction charges throughout bull markets. A sequence of upgrades is deliberate that builders consider will enable it to deal with tens of millions of transactions per day with low charges. Its founder, Vitalik Buterin, has lately written about his pleasure for the way forward for the community.