Ethereum-based VR platform Somnium Space has moved from scalability solution Loon Network to Matic to scale better. Ethereum-based virtual-reality (VR) platform Somnium Space has moved from scalability solution Loom Network to Matic to enhance scaling. On March 23, Somnium Space said that it hopes the transition will allow it to achieve scalability and provide a…
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TSB Games, the firm behind VR game The Sandbox, announced a partnership with second-layer scaling solution Matic. TSB Games, the firm behind VR game The Sandbox, announced a partnership with second-layer scaling solution Matic. According to a March 19 announcement, Matic will allow the decentralized application (DApp) to carry out faster transactions and create a…
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Starkware, led by Zcash founding scientist, hopes to bring security and scalability to crypto exchanges. An Israeli startup Starkware believes it can solve two of the most pressing issues in crypto trading — the inherent vulnerability of centralized exchanges and the low transactional capacity of decentralized ones. The venture was co-founded by professor Eli Ben…
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With the launch of Aztec, the Ethereum blockchain can finally become anonymous. What does this exactly mean, and how do we use it? On Feb. 1, part of the Ethereum (ETH) blockchain became anonymous. This is all thanks to the Aztec protocol that Thomas Walton-Pock and his team launched on the network’s mainnet last week. Aztec…
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Previously touted as the holy grail of Ethereum scalability, Plasma’s significant weaknesses appear to have made the developers quietly drop the technology. In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to…
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JPMorgan’s blockchain spin-off Kadena has launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.” JPMorgan’s blockchain spin-off Kadena has fully launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.” Launched on Jan. 15, Kadena’s public blockchain includes full transactions and the ability to write smart…
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Auditing giant EY released a new iteration of its zero-knowledge proof blockchain, intending to cut transaction costs by 90%. British auditing giant EY has released a new iteration of its zero-knowledge proof (ZKP) blockchain, intending to cut transaction costs by 90%. A ZKP is a digital protocol that enables data to be distributed between the…
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Cryptocurrency exchange BitMEX added support for native SegWit addresses for Bitcoin withdrawals, which lets users pay lower transaction fees. Cryptocurrency exchange BitMEX added support for native segregated witness (SegWit) addresses for Bitcoin (BTC) withdrawals, which lets users pay lower transaction fees. According to an announcement on Dec. 12, BitMEX now allows its users to withdraw…
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China’s tech workgroup has released its fifteenth blockchain rankings report, with Ethereum being promoted to second place after its recent hard fork. China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. The Center for Information and Industry Development (CCID) released…
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Cryptocurrency exchange Bitfinex and crypto store Bitrefill have partnered to allow the trading platform’s clients to shop with Bitcoin over Lightning Network. Cryptocurrency exchange Bitfinex and crypto store Bitrefill partnered to allow the trading platform’s clients to shop with Bitcoin (BTC) over the Lightning Network. According to a press release published on Dec. 4, Bitfinex…
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