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Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
27.10.2023
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...
Goldman Sachs Analysis: Ethereum’s Path to Scalability
27.10.2023
Ethereum (ETH) ‘s upcoming Dencun upgrade, expected in the first quarter of 2024, will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. In a recent note, Goldman Sachs highlighted the primary impact of the Dencun upgrade, which is increasing...
dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
27.10.2023
dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators
Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs
27.10.2023
The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said
Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet
26.10.2023
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain
Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API
26.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation...
Zero-Knowledge WaaS a Prospective Standard Configuration for Web3 Application-Layer Products — Pengyu Wang
26.10.2023
According to Pengyu Wang, the founder of Particle Network, developer solutions known as zero-knowledge wallet-as-a-service (ZK-WaaS) embody Web3 principles and “are highly performant” which in turn makes them “an evergreen solution that will become the industry...
Polygon launches POL token contract on Ethereum to eventually replace MATIC
25.10.2023
The team migrated the POL token contract to the Ethereum network, paving the way for it to replace MATIC in the future
Lightning Network Developer States Disclosed Vulnerability Is Not an ‘Intentional Backdoor,’ Calls for Responsible Journalism
25.10.2023
Antoine Riard, a security researcher and developer who exposed a vulnerability in the Lightning Network, Bitcoin’s scaling layer, has clarified this vulnerability is not an “intentional backdoor,” addressing statements made on social media. Riard stressed the problem had been...
Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
23.10.2023
Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds...
MultiversX Launches Strategic Partnership With Google Cloud to Further AI and Big Data Ambitions in the Web3 World
20.10.2023
PRESS RELEASE. After outlining a comprehensive strategy to spearhead the development of blockchain-powered tools and Web3 solutions that leverage and extend the reach of emerging AI technologies, MultiversX, the leading layer-1 smart contract platform, has announced a strategic partnership with...
Coinbase open sources code for layer-2 network Base
20.10.2023
Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build "in the open.”
Stablecoins Built on Bitcoin — Lightning Labs Launches Taproot Assets Mainnet Alpha
19.10.2023
Lightning Labs has released the mainnet alpha of its Taproot Assets daemon, advancing the project that seeks to enable stablecoins and other token assets on the Bitcoin blockchain. The software provides developers with tools to begin issuing and managing assets on Bitcoin and integrating them with...
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
18.10.2023
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago
Ethereum Layer-2 Scaling Solution Scroll Goes Live
17.10.2023
Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps).
According to the open letter by the L2 network blog on October 17, the launch of Scroll mainnet...
Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum
17.10.2023
Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week
Manta's Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
16.10.2023
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides
Layer 2 solutions and the quest for decentralization. What lies ahead for Ethereum?
16.10.2023
As the cryptocurrency landscape has continued to evolve, Ethereum now stands at a pivotal crossroads, which stands to shape its future in a big way. While ETH’s price and market cap fell by 10% between July and September, the asset still outperformed Bitcoin by 2%. Moreover, as...
Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test
13.10.2023
The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said
River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years
13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...