Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the ...
When the concept of blockchain technology was introduced to the world back in 2009 with Bitcoin (BTC), the primary focus was on providing a decentralized and secure distributed database technology ...
Layer-2 solutions face the prospect of striking a tough balance. On one hand, they must continue to strive for scalability and efficiency. On the other, they must maintain the decentralization and ...
Ethereum no longer needs an introduction, as the second-most popular cryptocurrency already took the world by storm recently. With numerous updates and innovative projects, the blockchain solution has ...
The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...
Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs associated with transactions on layer 2 solutions that batch and compress transactions before sending them to ...
Why are modular Ethereum Layer-2 scaling solutions best-suited for Web3 developers wanting an efficient and low-fee environment. Arguably the most popular blockchain amongst developers building ...
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Layer-2 Solutions Get Boost as Skyren DAO Reports Thousands of Daily Active Users
Cheaper and faster blockchains are becoming more in demand. Speed and high gas fees are two common pain points, especially in ...
Offchain Labs Inc., the developer of the Ethereum blockchain scaling solution Arbitrum, announced today that it will airdrop, or give away for free to select people ...
I am old enough to remember when alternatives to the slow, clunky and costly Ethereum ETH blockchain would take its near 100% market share away. It was a little over two years ago. A lot has happened ...
The average transaction costs on layer solutions like Optimism and Base slide after Ethereum’s Dencun upgrade. The upgrade allows layer 2 solutions to store data in “blobs” instead of the expensive ...
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