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ZKSync, an Ethereum layer-2 scaling solution, debuts its alpha mainnet to reduce congestion and improve transaction throughput. The ethereum (ETH) ecosystem witnesses a significant development as the alpha mainnet of ZKSync, a Layer 2 scaling solution, is officially launched. ZKSync aims to alleviate network congestion and bolster transaction throughput on ethereum
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Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker and Curve, are set to launch March 24 on zero-knowledge proof roll-up zkSync Era.The Ethereum layer 2 scaling network has finally opened to users in alpha after four years in development, enabling faster and cheaper transactions. It is the first
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Ethereum (ETH) stakeholders are looking forward to the Shanghai Capella Upgrade that will take place on the Ethereum mainnet in April 2023. As a result, the total value locked (TVL) on the liquid staking platform Lido Finance has significantly increased. This increase in ETH holders can be attributed to anticipating the release
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Ethereum recently concluded its final dress rehearsal, dubbed Shapella, on the Goerli testnet en route to its mainnet upgrade. The Ethereum Shapella upgrade is on course for launch following its successful activation on the Goerli testnet. According to reports, this development is in the final phase before the upgrade goes live on the mainnet. With the
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The arrival of the Filecoin Virtual Machine on the mainnet presents a slew of rewarding opportunities to developers. The Filecoin Virtual Machine (FVM) recently went live on the mainnet, with the payment system’s blockchain now supporting added features. These features include smart contracts and user programmability through the Filecoin
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Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens.Hedera said the attacker targeted liquidity pool tokens on decentralized exchanges (DEXs) that derived its code from Uniswap v2 on Ethereum, which
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The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon (MATIC) has been announced, with the Beta launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet slated for Mar. 27.In a Feb. 14 blog post, Polygon said after three and a half months of "battle testing," the system will be
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“Polygon zkEVM Mainnet is set to be the first fully EVM equivalent ZK rollup to reach mainnet, this represents a huge step towards scaling Ethereum and bringing Web3 to the masses,” Sandeep Nailwal, a co-founder of Polygon, said in an email to CryptoX. “The countdown is on.” Source
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The protocol will be available on Osmosis, Cosmos' largest decentralized exchange (DEX) with total value locked (TVL) of $180 million. Users will borrow and lend Cosmos-based tokens, while those that stake the MARS token will receive a portion of fees as a reward. Source
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The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now.There’s been a lot of talk going around the upcoming Ethereum hardfork aka the Shanghai hardfork scheduled probably by February end. This is the most-discussed event currently in the
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