Category: scalability

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Robinhood CEO Steps on the Same Old Rake with Idea to Increase Dogecoin Block Size

  Vlad Tenev, co-founder and CEO of the popular trading app Robinhood, shared a new old solution for increasing dogecoin (DOGE)’s throughput – and the community doesn’t seem impressed. In a Twitter thread, Tenev said that he’s been “thinking about what would [it] take” for DOGE to “truly be the future currency of the Internet…
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Bitcoin transaction fees hit decade lows, here’s why

The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital.  #bitcoin fees are…
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Buterin Claims Ethereum Simplicity is Still Possible, as Developers Warn of Increasing Complexity

  Ethereum (ETH) co-founder Vitalik Buterin has said it is still possible to reduce Ethereum’s complexity while improving its functionality. The statement comes as some developers have recently complained about Ethereum’s complexity. … Read More: Buterin Claims Ethereum Simplicity is Still Possible, as Developers Warn of Increasing Complexity  Read more »Pay, Trade, Buy Bitcoin with Credit…
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Axie Infinity (AXS) price reverses course with 50%+ gain ahead of Origin launch

AXS and RON price are turning bullish as excitement builds for the launch of Axie Infinity: Origin. Play-to-earn (P2E) gaming was one of the hottest sectors in the cryptocurrency market in 2021 and based off the recent moves of Yuga Labs and Bored Ape Yacht Club, the gaming industry could continue to be a winner…
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Optimism saves users $1B in fees, raises $150M in Series B

Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network. Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total valuation of $1.65 billion.  According to…
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Aptos, Led by Meta’s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System

Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names, including Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows…
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How to Use Layer-2 Solutions to Save on Ethereum Fees: StarkWare

  Over 7,000 decentralized applications (dapps) are currently operating on the Ethereum (ETH) network. However, the Ethereum network was not originally designed for such a workload. Ethereum dapps have suffered from the chain’s scalability issues, which have caused transaction speeds to slow down and gas fees to skyrocket. Layer-2 scaling solutions are being deployed to…
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Bitcoin transaction fees briefly doubled yet remain exceptionally low

The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week. Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021,…
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What is the Algorand blockchain, and how does it work?

Algorand’s PPoS consensus algorithm distinguishes it from other blockchain networks that help solve blockchain trilemma. What is Algorand? Algorand is a blockchain network created in 2017 by Silvio Micali, an MIT professor who won the Turing Award for his work in cryptography. Algorand is a decentralized permissionless blockchain protocol that anyone can use to develop…
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How to Use Layer-2 Solutions to Save on Ethereum Fees: Optimism

  Ethereum (ETH)’s scaling challenges have led to exorbitant gas fees that are increasingly excluding people from using the network to access decentralized finance (DeFi) applications or to mint non-fungible tokens (NFTs)…. Read More: How to Use Layer-2 Solutions to Save on Ethereum Fees: Optimism  Read more »Pay, Trade, Buy Bitcoin with Credit Card