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“If you ask five people: 'What is Bittensor?' You will get five different answers,” Silbert, a cryptocurrency OG investor and evangelist, said in an interview. “If you remember early bitcoin, some people would say it's money, some people would say it's gold. Some people would say it's this blockchain [...]
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Asset manager Grayscale, in a report in April, argued that Ethereum is “meaningfully decentralized and credibly neutral for network participants, likely a requirement for any global platform for tokenized assets” and, therefore, has the best chances among smart contracts to benefit from tokenization. Source
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The app's new update seeks to boost transparency in the market by exposing token ownership patterns that may indicate centralization or manipulation. Source
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ENS’ decision to go ahead with ENSv2 follows a series of other announcements of major crypto firms coming out with their own layer-2 projects. Recently, teams behind decentralized finance project Uniswap, crypto exchange Kraken and Sony’s Blockchain Labs unveiled plans to launch their own rollup networks. Instead of ZK rollups,
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Like the internet itself, decentralized networks aren't always the most efficient tools for some tasks. However, the open, permissionless nature of these networks creates intense competition that often serves customers better than technical efficiency alone, says EY’s Paul Brody. Source
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Like other layer-2 Ethereum rollups, Eclipse lets people transact on Ethereum with faster speeds and lower fees. To accomplish this, it operates as its own network, written using the Solana Virtual Machine (SVM) — the fast and cheap execution architecture spearheaded by Ethereum's biggest competitor, Solana. Similar to other layer
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The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception. Source
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Initially launching as a layer-2 solution on Ethereum, Atlas is designed to plug into both Ethereum and Solana’s liquidity pools. Key features will include low-latency transaction processing, reliable oracle updates, and robust sequencing for non-custodial, on-chain price discovery, according to Haun Ventures. Source
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Chainlink hopes CRE will be as important for Web3 as COBOL and JavaScript, which were important for automating finance and bringing it to the internet. Source
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