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The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism Foundation stated in its proposal, “The Bedrock upgrade is a major step … Read more
Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa. Go to Source Powered by WPeMatico
Vitalik Buterin identified distributed validator technology, or DVT, as a key component of Ethereum’s decentralization efforts. Go to Source Powered by WPeMatico
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.” Polygon Team Outlines Network Upgrades to Improve User Experience On Jan. … Read more
The Web3 developer program received interest from over 1,000 projects but only 15 were selected for Cohort 0. Go to Source Powered by WPeMatico
Layer 1 EVM blockchain Flare goes online, aimed at providing developers a platform to build decentralized interoperability applications. Go to Source Powered by WPeMatico
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and … Read more
Ethereum layer-2 scaling platform StarkNet has revamped its Cairo programming language to enable easier onboarding of new developers. Go to Source Powered by WPeMatico
New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups. Go to Source Powered by WPeMatico
The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus. Go to Source Powered by WPeMatico
