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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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IDEX Claims Creation of ‘Infinite Scaling Solution for Ethereum’

IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network.1,000 times fasterIn an email sent to Cointelegraph, IDEX claims that its system, dubbed Optimized Optimistic Rollups (O2Rs), reaches block finality in 10 minutes. The

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Vertical and Horizontal Blockchain Scaling, Explained

3.Vertical scaling is done by improving the efficiency of each individual transaction, whereas horizontal scaling is achieved through increasing the platform’s overall throughput capacity. In simple terms, general scalability improvements are made through the use of a concept called “layering” — wherein each individual component of a particular system is

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Ethereum Whiz Teases 100x Scaling, Says Crypto Is ‘Bigger Than Bitcoin’

Ethereum's Vitalik Buterin says improving blockchain scalability could slash costs "by over 100" for every crypto transaction. | Source: Abra/YouTubeBy CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of "over 100." That's crucial, considering that blockchain has become so much

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