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Are Bitcoin Developers Losing Faith in Lightning?
2.4.2024
High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...
Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit
29.3.2024
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade...
Japanese Crypto Influencer Calls Ethereum Improvement Proposal 4844 a ‘Layer 1 Middle Ground’
24.3.2024
According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant...
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...
Cardano Clears Air: Hydra Scaling Project On Track!
18.3.2024
The co-founder of Cardano and the CEO of IOHK, Charles Hoskinson, has very recently gotten to the bottom of rumors that have been flying around, which have been saying that Hydra has been dropped by Cardano as its layer-2 scaling solution. Contrasting with the general suspicion and false...
Cardano’s Charles Hoskinson Dispels Rumors of Abandoning Hydra Scaling Project
18.3.2024
Charles Hoskinson, CEO of Cardano, took to X to address rumors of Hydra's abandonment as "just pure FUD" (fear, uncertainty, and doubt) surrounding Cardano's latest project.
The post Cardano’s Charles Hoskinson Dispels Rumors of Abandoning Hydra Scaling Project appeared first on Cryptonews
Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
11.3.2024
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its innovative solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the highly anticipated mainnet launch.
The...
Where Did We Go Wrong With Ethereum Scaling?
11.3.2024
Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL
7.3.2024
Ethereum layer-2 scaling solutions like Arbitrum, Optimism, and Base, now manage over $36.7 billion worth of assets in TVL.
The post Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL appeared first on Cryptonews
Arbitrum and Robinhood Partnership Ushers in New Era for Decentralized Finance Swaps
1.3.2024
Ethereum scaling solution Arbitrum has partnered up with trading app giant Robinhood to announce a new token swap integration in Robinhood’s self-custody wallet. The companies made the joint announcement yesterday at the ETHDenver conference. The new integration lets Robinhood Wallet users...
Oscar-Winner Shane Boris to Produce Crypto Film Funded by Arbitrum Foundation
22.2.2024
The foundation supporting Ethereum scaling solution Arbitrum is financing a feature film about crypto by Oscar winner Shane Norris. The film, dubbed “New Here” will be produced by crypto-friendly emerging media company Dpop studios. It will examine digital art from the perspective of...
Is Optimism About to Crash? OP Price Plunges 10% as Spotlight Swivels to New Challenger Coin
22.2.2024
Leading Ethereum-scaling solution Optimism (OP) is stirring panic amongst holders due to a 10% price plunge over the past 24 hours. This article will provide an analysis of OP’s current price trends and look to see whether a newer meme coin represents a more promising opportunity at this time....
Vitalik Buterin Voices Concern About Complex Layer 2 Solutions
22.2.2024
Ethereum co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions.
The post Vitalik Buterin Voices Concern About Complex Layer 2 Solutions appeared first on Cryptonews
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
22.2.2024
Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board.
The post Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board appeared...
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews
STRK Tokens Claimed Hit 420M in a Day as On-Chain Metrics Soar
21.2.2024
More than 490,000 individual wallets claimed 420 million starknet (STRK) tokens in the 24 hours after the highly anticipated airdrop went live, with the token's market cap remaining above $1.2 billion
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
19.2.2024
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...
Ethereum to Launch Dencun Upgrade March 13, Introducing ‘Blobs’ for Layer Two Scaling
10.2.2024
The Ethereum network is set to roll out the Dencun upgrade, aiming to significantly enhance data storage and transaction efficiency through the implementation of EIP-4844, known as “Proto-Danksharding.” Ethereum Set to Undergo Major Upgrade With Dencun Rollout on March 13 The Ethereum mainnet...
Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin
8.2.2024
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum itself,” Polygon said