Polkadot creator Gavin Wood proposes June 15 for first Kusama parachain auction
The first Kusama parachain auction could happen by mid-June if the council votes in favor of a recently released tentative schedule. Go to Source Powered by WPeMatico
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Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump
On April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee is around $26.44 USD per transfer. Bitcoin Fees Climb Sky High After the Hashrate Plummeted The cost to send a bitcoin (BTC) transaction has never … Read more
Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but the token called the Bitcoin BEP 2 (BTCB) has gathered some steam. Currently, there are 39,719 BTCB out in the wild today as the bitcoin-pegged … Read more
The Power of ETH and BCH: Smart Bitcoin Cash Project Highlights Innovative Sidechain
On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able to leverage decentralized applications (dapps) without paying … Read more
A dark horse in the Ethereum scaling wars? Chainlink’s oracles find fertile ground on xDai
Chainlink is rolling out support for xDai, a layer-two sidechain whose perceived centralization hasn’t stopped major DApp players. Go to Source Powered by WPeMatico
An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were introduced to an alternative solution called Moeing chain. The Moeing chain … Read more
RSK users won’t have to pay transaction fees with new integration
IOVLabs wants to improve on Ethereum’s meta-transaction adoption. Go to Source Powered by WPeMatico
RSK launches Powpeg, a trustless Bitcoin bridge architecture
The pegging process no longer relies on functionaries holding custody of bridged funds. Go to Source Powered by WPeMatico
Tokenized BTC Crosses $1B Notional: Ethereum Cements Role as Bitcoin’s Main Sidechain
Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that the Ethereum network would solidify its role as Bitcoin’s main sidechain during the last year. Five years ago, bitcoiners relentlessly … Read more
Ethereum Layer-Two Solutions Lack Real World Usability, Says Skale CTO
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
