Cryptocurrency Analysis and News Portal
A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability and the role of layer 2s.Over the last 24 hours, cryptocurrency users began sharing screenshots showing double, occasionally triple-digit transaction fees on Ethereum and Bitcoin. One screenshot showed gas fees
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied There is an uptick in on-chain activities, particularly in the Polygon ecosystem. This trend is evident as various projects, including those in decentralized finance (defi) and artificial intelligence (AI), like Borroe, position themselves on the Ethereum sidechain,
Read More
The combination of BSC’s strong ability and opBNB’s dedicated new features will make data access easier. In a major announcement on Monday, June 19, Binance-founded Layer-1 blockchain platform BNB Smart Chain (BSC) introduced a new scalability solution opBNB, with the goal of offering a seamless experience for users, developers, and projects
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied R3 has rolled out an upgrade of Corda, its enterprise-grade distributed ledger technology (DLT) network. The team claims the next-gen Corda offers users increased scalability, interoperability, privacy, and security. R3 completes Corda update R3, a provider of enterprise-grade
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum developers are planning the next major upgrade to the blockchain, called “Dencun,” which will involve two simultaneous upgrades known as “Cancun” and “Deneb.” Ethereum’s developers are testing out other proposals that could make it into the
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to developer Sebastian Nagel, Cardano, one of the most widely used blockchain platforms, has achieved a significant milestone by introducing the first Hydra node compatible with the mainnet. The development marks a crucial step
Read More
The Cardano community is expecting at least, three key releases from the platform this year. Cardano may have taken its quest for scalability to another level with its Hydra upgrade which has now gone live on mainnet. The update was shared by Input Output Hong Kong (IOHK), the start-up behind the
Read More
App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows for greater scalability and flexibility, as each app can be customized and optimized for its specific
Read More
A growing industry of rollup technologies seeks to address Ethereum’s key scalability issues of slow throughput and high transaction or gas fees. Rollups bundle a large number of transactions off the main blockchain and then return the bundle to Ethereum for recording. There are two types of rollups: Zero-Knowledge, which
Read More
Geeq, a Canada-based blockchain company, has been granted a patent in the United States for features of its multi-blockchain, layer-zero protocol’s security
Read More