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According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless … Read more
Vitalik Buterin called the early Ethereum scaling solution Plasma “underrated” and a “significant security upgrade” for chains that would otherwise be validiums. Go to Source
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks, sidechains, and the Schnorr Signature algorithm. A recently published IRS-CI Cyber Crimes Unit request that’s … Read more
Cointelegraph interviewed Konstantin Kladko, CTO at Skale, to learn about his controversial opinion on why Ethereum layer-two solutions are unlikely to work out. Go to Source Powered by WPeMatico
Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work. Go to Source Powered by WPeMatico
Tether has integrated the just-launched OMG Network Plasma sidechain, formerly known as OmiseGo, promising cheaper transactions as Ethereum’s fees skyrocket. Go to Source Powered by WPeMatico
Casper, Plasma, Sharding. These are all terms mentioned when it comes to tackling Ethereum’s well-known scalability issues. Each with their own challenges, none of them immediately close in sight. Enter OpenST Mosaic. A Protocol so new (it’s been kept tightly under wraps) that it hasn’t come up as a topic of conversation around the water … Read more
Some days it feels like it’s all bad news for crypto. When the Federal Bureau says it’s not even a blip on the radar, the SEC delays another important decision, or the Chinese clamp down on content. The Ethereum scaling issue is putting everyone in a bad mood and regulatory uncertainty is causing confusion. But, … Read more
This week an individual revealed he had completed the first trustless swap by trading on-chain bitcoin cash (BCH) for off-chain bitcoin core (BTC) using Alex Bosworth’s submarine swap protocol. Also read: Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent On-Chain Bitcoin Cash Submarine Swapped for Off-Chain BTC The decentralized cryptocurrency bitcoin cash (BCH) was … Read more
