Friday, March 29, 2024
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an EVM-compatible, high throughput sidechain

Bitrock is a layer-2 sidechain compatible with Ethereum. It uses a proof-of-authority (PoA) consensus mechanism, and relies on a group of trusted validators for security. The platform focuses on speed, cost-efficiency, and security, executing transactions within seconds and at near-zero costs. Currently, Bitrock can process 12,000 transactions per second (TPS), with

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Ethereum Usage Will Drop if the Blockchain Doesn’t Increase Its Throughput: Bank of America

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

Optimism has “soft launched” its solution to Ethereum’s transaction problem, the Optimistic Virtual Machine (OVM).The startup announced Friday that OVM is now live, at a time when gas fees have reached near all-time highs for decentralized finance (DeFi) traders. Indeed, the cost to send a single Ethereum transaction has hovered

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