Tests Lido de la « technologie de validation distribuée » Présager une poussée de décentralisation pour 2024

L’un des principaux arguments de vente des réseaux blockchain est qu’ils sont « décentralisés ». Mais seuls quelques validateurs, y compris ceux gérés par Lido, ont progressivement accumulé la part du lion du pouvoir sur la blockchain dominante des contrats smat, Ethereum.

Timeline of Lido-dao

Lido on Solana, a prominent liquid staking protocol, is set to conclude its operations. The team announced the decision following a comprehensive DAO consultation and subsequent community vote on October 16, 2023.

Lido's TVL cratered by 5% between 9 and 16 October. This was due to the fall in the prices of crypto assets during that period and the protocol's decision to cease operations on Solana.

Story Highlights The live price of Lido Dao is Lido Dao with a surge could go as high as $3.710 by the end of 2023. LDO price with a potential surge could reach a maximum of $22.112 by 2030. Staking is still a relatively new phenomenon in the world of virtual currencies.

Cryptocurrency security firm SlowMist recently issued an alert about a security flaw in the LDO token contract, which hackers have exploited to conduct fraudulent deposit attacks on exchanges. The flaw lies in the contract's non-compliance with the ERC20 standard, which typically mandates that a transfer transaction must be reversed if the sender lacks sufficient funds.

In a pivotal move, the P2P team managing Lido Finance's deployment on Solana has submitted a funding proposal to the Lido DAO community. The team seeks $1.5 million over the next 12 months to sustain and grow the project, thereby avoiding the potential cessation of operations.

Lido DAO (LDO), the driving force behind the revolutionary liquid staking protocol for Ethereum (ETH), has displayed an impressive 7.41% ascent in its Total Value Locked (TVL) over the course of the last seven days. This robust surge in TVL has positioned Lido Finance as a prominent contender in the decentralized finance (DeFi) landscape, illustrating its resilience amidst a fluctuating market.

Lido is preparing to release the remaining 0.88% of its previously-locked tokens to investors on 25 August. This will bring LDO's circulating supply closer to its 1 billion total supply peak.

Keeping in mind the security aspect, Lido Finance decided to embrace ZK Technology to ease the user experience from a safety perspective. While this may rejoice LDO investors, that wasn't all as LDO had more to offer.

Despite the slowdown in the cryptocurrency market in Q3, Lido has managed to maintain its lead on the ETH staking front. Additionally, with a slight recovery on the price front, LDO bulls may finally be ready to take over.

Often compared to replacing an airplane engine while in flight, the overhaul of Ethereum's consensus mechanism from proof-of-work to proof-of-stake — without downtime — was no small feat.