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The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.” Source
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Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk rollups) technology ahead of full integration with its mainnet.The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already
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Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $17,500 monthly close “most bullish outcome”Data from Cryptox Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating.Highs of $17,072 appeared on Bitstamp, with the
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In the Lightning Network, inbound liquidity is a precious resource. The Galoy Research team detected an irregularity, and, trying to fix it stumbled into a whole business model. Their elegant solution transforms a problem into dollars, which is remarkable. This case reads like a detective novel. Let’s dive in. Related Reading
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Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube podcast hosted by crypto pundit Lark Davis, also known as Cryptolark.As part of
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Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as
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