Thursday, April 25, 2024
Home > cheaper

Crypto remittances offer cheaper alternative, but still face challenges to adoption

As the cryptocurrency market moves sideways and amid a deepening stablecoin exodus, the sector remains a vital lifeline for many sending money to loved ones while dodging extremely high fees that can be life-changing over time.Cryptocurrency remittances have been seeing their adoption grow, and the low volatility seen in the

Read More

Ethereum’s proto-danksharding to make rollups 10x cheaper — Consensys zkEVM Linea head

Zero-knowledge (ZK) proof solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce the cost of rollups, according to Consensys’ zkEVM Linea head Nicolas Liochon.Speaking exclusively to Cryptox Magazine editor Andrew Fenton during Korea Blockchain Week, Liochon estimated that proto-danksharding could further reduce rollup

Read More

Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko

There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While producing one Bitcoin in Italy costs $208,500, in Lebanon, it’s roughly 783 times cheaper, according to a recent report.Published on Aug. 17, CoinGecko’s report revealed that only 65 countries are profitable for solo Bitcoin miners, based

Read More

QuickSwap Integrates Orb-Powered dTWAP for Cheaper Price Impact on DEX Orders

QuickSwap has become the latest DEX to integrate dTWAP for traders to cut down on the price impact of their orders.  Leading Polygon decentralized exchange QuickSwap recently integrated dTWAP for DEXs. Powered by Orbs, dTWAP, the fully permissionless and composable DeFi protocol, will grant QuickSwap dragons access to its algorithmic trading strategy. This means

Read More

Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data

Fresh data from Glassnode demonstrates that Bitcoin's (BTC) Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate, or the cost of sending value across the Lightning Network, is 0.0029%, 1,000 times cheaper than that of MasterCard of Visa payment processors. James Check, lead analyst at

Read More

Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade

Rocket Pool’s recent upgrade gives node operators immediate access to their staking rewards and lowers the barrier of entry to spin up an Ethereum validator, or “minipool,” in the protocol’s parlance. Instead of providing 16 ether (ETH), node operators can supply just eight plus some RPL – Rocket Pool’s governance

Read More