Layer N ditches Ethereum, says new L1 will support Typescript, Rust, C
N1 is purported to process 100,000 transactions per second, placing it among the fastest blockchains. Go to Source
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‘Solana killer’ Sui down, no blocks produced for more than 1 hour
The South Korean crypto exchange Upbit had temporarily disabled SUI deposits and withdrawals amid the network outage. Go to Source
Solana beats Ethereum’s economy for the first time in October
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric. Go to Source
3 signs Ethereum price is in trouble below $2,500
Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price. Go to Source
Coinbase-backed Base to improve decentralization with fault proofs
Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to mainnet. Go to Source
These 4 metrics suggest Ethereum price is sinking toward $2,300
Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way. Go to Source
Ether price in 7-month decline amid ‘L1 wars,’ says analyst
“Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst. Go to Source
‘Monolithic’ blockchains outperformed in September — VanEck
Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions. Go to Source
Aptos Labs enters Japan through HashPalette acquisition
Aptos Labs’ acquisition of HashPalette positions the company to integrate Japanese businesses into its blockchain ecosystem and expand Web3 innovation. Go to Source
Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects
The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth. Foundation Established to Foster Bitcoin’s Infrastructure Growth Gomining states that the GoBTC Foundation operates as a vertically integrated entity, focusing on Bitcoin’s layer one (L1) … Read more
