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Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
18.9.2024
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...
Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor
5.9.2024
Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi.
‘Bitcoin Layer 2’ sidechains aren’t really L2s: There is a better way
12.6.2024
Money has pumped into 73 Bitcoin ‘Layer-2’ scaling solutions this year. But many are just insecure sidechains. There is a better way
From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions
23.3.2024
In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024,...
Paul Sztorc: Scaling Bitcoin With Sidechains
4.12.2023
The developer’s proposal (BIP 300) for “Drive Chains” (sidechains) on Bitcoin – meant to allow greater collaboration with other chains – was met with fierce opposition from some Bitcoiners this year. Sztorc says the community hasn’t been innovating fast enough
Is NEO Going to Zero? NEO Price Dips 4% as Attention Shifts to Innovative New Bitcoin Platform
13.11.2023
NEO price has dipped -4% following rejection from a significant resistance level, leaving some panicked NEO bag-holders asking ‘Is NEO Going to Zero’? Over the past few weeks, NEO price had rallied incredibly hard following an announcement that the NEO network will be delivering...
BIP-300 biff: Debate reignites over years-old Bitcoin Drivechain proposal
12.9.2023
The proposal would allow other blockchains built on the Bitcoin network. In August, a core developer rewrote the proposal's code and requested it be added to Bitcoin's codebase, sparking new debate over its merits
What Is the Drivechain Proposal and Why Is It Dividing the Bitcoin Community?
5.9.2023
Drivechain, a Bitcoin improvement proposal that presents a way of scaling Bitcoin using sidechains, level two blockchains that receive bridged tokens from a parent chain, is generating a loud buzz on social media from supporters and detractors. While Paul Sztorc, the author of the Drivechain...
Gnosis Lets Crypto Users Make Everyday Purchases From Wallets With Visa
17.7.2023
The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life
Sidechains Can Provide ‘Scalability and Flexibility Needed for Real-World Applications’ — Horizen Labs CEO
14.7.2023
All-in-one infrastructure solutions may be what is needed to drive the adoption of Web3, but such solutions might turn out to be complex and not as flexible, Rob Viglione, the co-founder and CEO at Horizen Labs, has argued. In addition, Viglione believes that such comprehensive infrastructure...
Blockchains need an interoperable standard to evolve, say crypto execs
17.4.2023
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says
What is a supernet, and how does it work?
20.2.2023
A supernet or umbrella network combines multiple smaller networks or blockchains into one larger network
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
13.2.2023
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion
Cardano ecosystem set to expand with custom-built sidechains
13.1.2023
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain
Deconstructing sidechains — The future of Web3 scalability
9.7.2022
Web3 has had severe scalability concerns. But application sidechains have emerged as a viable answer to crypto’s most persistent problem
Axie Infinity (AXS) price reverses course with 50%+ gain ahead of Origin launch
24.3.2022
AXS and RON price are turning bullish as excitement builds for the launch of Axie Infinity: Origin
Upcoming parachain auctions send Polkadot to new ATH, while CHR and THETA follow
1.11.2021
DOT hits a new all-time high as the project’s parachain auctions approach and the ever-expanding Metaverse could be behind the gains seen in CHR and THETA
Gavin Andresen Publishes Theory of Possible Crypto Future: Whales Shut Down the BTC Network in the Year 2100
24.9.2021
On September 21, former Bitcoin developer Gavin Andresen published an interesting blog post about “a possible [Bitcoin] future.” The blog post details a theoretical situation for the Bitcoin network in 2061, where most [bitcoin] transactions don’t happen on the [Bitcoin]...
Bitcoin-based security token offering approved in Germany
17.9.2021
Germany joins countries such as France, Luxembourg, Spain and Portugal by greenlighting the Bitcoin-based EXOeu token
How much intrigue is behind Kusama’s parachain auctions?
1.7.2021
Understanding the available data and current standings for the parachain auctions on Kusama