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Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
16.7.2024
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
4.7.2024
PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing...
Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog
27.6.2024
Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...
Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling
23.6.2024
While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain technology, according to Chris Li, founder and CTO...
Ethereum scaling ecosystem’s combined TPS hits new all-time high
17.6.2024
Over 41% of those transactions took place on Xai, a new Ethereum layer-3 scaling solution focused on gaming applications
ZkSync says 695K wallets eligible for next week’s ZK token airdrop
11.6.2024
The Ethereum scaling blockchain set aside two-thirds of its 21 billion ZK token supply to give to its community, with select users the first to get a share
What are validiums, and how do they work?
8.6.2024
Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data
The Protocol: Another Episode in the Layer-2 Teams Drama
5.6.2024
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology
4.6.2024
Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions. Starkware Announces Plan to Enhance Bitcoin...
StarkWare launches $1M research fund for ZK Bitcoin scaling
4.6.2024
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general
Linea blockchain halt highlights slow decentralization of Ethereum L2s
3.6.2024
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
30.5.2024
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have...
Vitalik Buterin: L2s are ‘cultural extensions’ of Ethereum
30.5.2024
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs
Anurag Arjun, Co-founder of Avail, on Scaling Ethereum, The Future of L2s, Rollups, and Why Crypto Needs a Unification Layer | Ep. 338
28.5.2024
Avail co-founder Anurag Arjun discusses rebranding Matic to Polygon, establishing Avail to provide the infrastructure for future crypto, rollups as blockchains' future, and Avail's two essential components to support that future: data availability (DA) layer and the unification layer, Nexus.
The...
Aptos Reaches Milestone, Processes Over 95 Million Daily Transactions
27.5.2024
The Aptos blockchain reached a milestone in its history, processing over 95 million in a single day. According to data provided by Artemis, a blockchain statistics platform, the number broke an L1 industry record on May 24, pushed by the tap to earn game Tapos, in which each tap or click...
StarkWare ZK Threads solution could prevent fund lockups similar to FTX
23.5.2024
StarkWare's ZK Threads introduce a new scaling framework to prevent fund lockups and improve dApp scalability, potentially averting scenarios like the FTX disaster
White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
20.5.2024
The paper, released in 2014, lays the foundations for blockchain privacy and scaling
Jasmy Coin Price Prediction as JASMY Rockets Up 12% – Are Whales Buying?
16.5.2024
JASMY has jumped by 12% today, with the Jasmy Coin price scaling to $0.02051 and outperforming the market as a whole, which is up by 5% in 24 hours.
The post Jasmy Coin Price Prediction as JASMY Rockets Up 12% – Are Whales Buying? appeared first on Cryptonews
Optimism to roll out new Superchain features for layer-3 devs
9.5.2024
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain
Thiel-Backed Cryptography Startup Lagrange Raises $13M
8.5.2024
Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave