News with the tag "Scaling solution"

Bitcoin Layer-2 (L2) projects experienced substantial growth, particularly as decentralized finance (DeFi) use cases expanded within the Bitcoin ecosystem. A November 2024 report by digital asset platform Galaxy revealed that Bitcoin L2 networks increased from just 10 in 2021 to 75 in 2023. The repo...

Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneum," a general-purpose blockchain platform. The team behind Sony Block Solutions Labs (SBSL), a joint project betwe...

According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.

Ethereum scaling solutions are gaining traction, improving efficiency and adoption across the network. However, all eyes are on WallitIQ (WLTQ), the rising DeFi token star predicted to dominate the 2024 Christmas bull run with unprecedented growth potential. Scaling The Heights: Ethereum Solutions T...

Vitalik Buterin responded to criticism regarding the current state of Ethereum’s Layer 2 user experience. Many said it needed to be more cohesive and simplified. However, he underlined that developers should build for the future and not feel obligated to defend the limitations of the present. Vitali...

Starknet’s inaugural staking vote introduces mechanisms for minting and parameter adjustments, paving the way for staking by October 2024.

A gaming altcoin built on Ethereum (ETH) is seeing 50% gains after being suddenly listed on top US crypto exchange platform Coinbase. In a new post on the social media platform X, Coinbase says it is now listing ETH layer-2 gaming blockchain Ancient8 (A8) with an experiment label, meaning the asset ...

Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s Fee Market...

Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.

The EOS blockchain started reinventing itself at the end of 2023, and has shown rapid revenue growth by the end of Q1. Recent Messari research shows EOS may emerge from years of obscurity and find its spot in the renewed drive for decentralized platforms. EOS earnings rose due to a higher transactio...