While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion. A 48% Bitcoin (BTC) price surge since the start of the year has pushed BTC’s market cap past that of payment processing giant Visa once…
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The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology. 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 March 27. In a Feb. 14 blog post, Polygon said that…
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Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently. Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months, a trend that is set to continue in 2023. According to recent data, the leading layer-2 networks have seen an increase in daily…
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The two layer-2 networks processed more than 1.1 million transactions combined on Jan. 10. Ethereum layer-2 on-chain activity has been increasing to the extent that the leading two networks now process more transaction volume than mainnet Ethereum. Layer-2 networks Arbitrum and Optimism have seen an increase in transactions over the past three months. Comparatively, aside…
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The year 2022 saw the value of Polygon’s native token MATIC drop by 64%. But the network started this year on a positive note, with the price shooting up 8% according to the charts. However, can MATIC maintain this momentum? On-Chain Developments To Play A Big Role For MATIC The Layer 2 ecosystem has been…
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Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations. One of the core development teams behind the Ethereum Merge, Prysmatic Labs, has been acquired by Offchain Labs, the developer of the Ethereum layer-2 network Arbitrum. Announced in an Oct.…
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Vitaly Yakovlev is CTO at DeFi platform ZKX.__________ This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. … Read More: L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum Read more »Sign up for…
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Lido has around 40% of all the staked ETH on the Beacon Chain. One of the biggest Merge staking providers, Lido Finance has launched on two layer-2 networks Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while reducing gas fees. The plan to expand to L2 was first unveiled in…
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The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years. Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees and simplify cross-chain communication between Arbitrum…
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Ethereum (ETH) co-founder Vitalik Buterin outlined his vision for the second-largest project’s future at the Ethereum Community Conference in Paris on Thursday. The vision included an increased focus on security, stability, and decentralization, as well as the following key points: Watch the entire talk below: ____… Read More: 6 Key Points in Vitalik Buterin’s Vision…
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