Cryptocurrency Analysis and News Portal
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Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating miners from the ecosystem. Ethereum is a vast ecosystem with thousands of decentralized applications and
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A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum.The May 22 post explains that “We’re at a turning point” where the industry is moving away from bridging between L1 blockchains towards L2’s
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Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets and protocols use this funds to build out their products
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Metis, an Ethereum (ETH) Layer-2 scaling solution powered by Rollup technology to enhance dApps, DAOs, and NFTs for the Web 3.0 economy, has deployed its Mainnet Andromeda. The launch has come after the project began as a hard fork or backward-incompatible variation of the Optimism protocol. The team has also
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zkTube is the world’s first Layer 2 mining protocol based on ZK-Rollup technology. Starting from 2020, in Melbourne-Australia, the company has achieved several significant milestones, bringing ease for users on the Ethereum network. Now, zkTube is logged into the top 5 KuCoin, one of the top cryptocurrency exchanges globally. This
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Unlike other layer-2 blockchain solutions, Aventus is enterprise-grade, having an agreement to onboard over 58 million transactions from a variety of clients across various sectors. The Aventus Staking Program is already 80% full and has begun processing the first of at least 58 million transactions. The publicly stated goal of the company
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In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector's transition to layer-1 and layer-2
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If you’ve been keeping up with developments in the crypto community over the past few months, you’ve probably already heard the words ‘layer-2’ and ‘sidechains’ being thrown around. There’s a reason behind this: as demand for Ethereum has surged over the past few months, some of the cracks in its model
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Leading DeFi DEX aggregator 1inch Network announced its plans to expand to Ethereum layer-2 scaling solution Optimism. 1inch Goes Live on Optimism In a bid to stay competitive in the DeFi landscape and enable its users to trade cryptocurrencies at minimal transaction fees, DEX aggregator 1inch Network recently announced it would be
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