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DeFi Effect: Scaling Debate Begins as Ethereum Fees Reach Two-Year Highs

Ethereum has seen a decentralized finance craze over recent weeks.Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This isSimultaneously, DeFi-related tokens like Compound’s COMP and

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Reddit Seeks Scaling Solution for Ethereum-Based ‘Community Points’

Reddit is anticipating big demand for its Ethereum-based “Community Points” system only one month after rolling out the product. Now the social media site is looking for a scaling solution. Posted in the r/Ethereum subreddit Thursday, Reddit announced a partnership with the Ethereum Foundation to find a Layer 2 (L2) scaling technique

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Ethereum-Based Game to Enhance User Experience with Matic Scaling Solution

TSB Games, the firm behind VR game The Sandbox, announced a partnership with second-layer scaling solution Matic.According to a March 19 announcement, Matic will allow the decentralized application (DApp) to carry out faster transactions and create a better user experience. The partnership is also meant to better facilitate decentralized

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Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling

In particular, its structure seems to become increasingly similar to a core-periphery one, with well-connected nodes clustering together (as revealed by the study of the eigenvector centrality). More precisely, our analysis reveals the presence of many star-like sub-structures with the role of centers played by the hubs, seemingly acting as

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Matter Labs Unveils Layer-2 Scaling Solution for Ethereum Payments

Funds move between users inside the smart contract, which is orchestrated by validators and guardians. When a contract is open, validators package transactions into blocks. Elected by guardians, validators have a near-perfect probabilistic guarantee of participating honestly with safety features such as built-in collateral (to disincentivize cheating). Users also decide

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