Tag: Elastos

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Elastos Unveils New Bitcoin Layer-2 Network to Enable Bitcoin Staking

December 19, 2023

Source: Pixabay Public blockchain project Elasto has unveiled BeL2, a ‘Bitcoin roll-up’ introducing Bitcoin staking and other comprehensive Layer 2 solutions. BeL2’s Rollup introduces the implementation of smart contracts, enabling irreversible digital agreements between parties through blockchain technology. These smart contracts can be defined, managed, tracked, modified, and reconciled with complete integrity, eliminating the need…
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While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

March 6, 2023

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s…
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