Solana network has become one of the viable alternatives to Ethereum in recent months. Like all other blockchain networks described as Ethereum killers, Solana claims to have the solution. Any network with lower gas fees and faster transaction speeds will address the primary problems of Ethrerum. But Solana went one step further by claiming that … Read more
For a few years, Ethereum reigned alone as the only realistic smart contract blockchain on the planet. Those using the blockchain or developing applications for it, had little choice but to accept the technical properties and characteristics of the Ethereum system. But at least Ethereum was a technical leap forward from Bitcoin, and considerably faster, … Read more
Today, we are ecstatic to announce the launch of the Celer Inter-chain Message (Celer IM) Framework! Celer IM fundamentally changes how multi-blockchain dApps are built and used. Instead of deploying multiple isolated copies of smart contracts on different blockchains, developers can now build inter-chain-native dApps with efficient liquidity utilization, coherent application logic, and shared states. … Read more
The merge event on the Ethereum network is the transition to the Proof-of-Stake consensus model from the currently employed Proof-of-Work model. This merger means that the current Ethereum mainnet system and the new Beacon chain, often referred to as Ethereum 2.0, will merge into one blockchain. To test the merge, the Kintsugi testnet was deployed … Read more
The layer two network of Ethereum known as Arbitrum suffered a seven-hour temporary outage following a hardware failure. The network’s sequencer failure hindered the processing of transactions for the said duration, which was later fixed by the network administrators. Arbitrum network faces temporary downtime The network took to Twitter to inform users about the temporary … Read more
So much of crypto is focused on traders and investors that there’s sometimes a tendency to forget about those who make the many transactions possible – the developers. To that end, Maria Shen of Electric Capital released a report on developer activity in the past year, and the numbers are formidable. Coming on the Unchained podcast, … Read more
The XRP community has been eagerly – or anxiously – anticipating the day the SEC’s lawsuit against Ripple Labs resumes in 2022. Though scheduled to be around 19 January, XRP-investors are already gearing up to make sure their voices are heard. Crypto lawyer John Deaton, who is representing more than 50,000 XRP-holders during the lawsuit, … Read more
In spite of the COVID-19 pandemic, the 2021 NFT boom was the talk of town during the summer. However, has winter turned its bang into a whimper? A quick look at some numbers suggests this might not be the case. Turn up the volume to HIGH According to Dune Analytics, OpenSea’s monthly volume reached its … Read more
Gas fees, the fees users pay to transact and to use applications on the Ethereum blockchain, has been on the rise for quite some time, both in monetary terms and in terms of the ire of the users. However a sign of the popularity of the second-largest blockchain by market cap, few enjoy paying the … Read more
The TVL of Ethereum Layer 2 projects increased 600% from Q3 to Q4, surpassing a peak of $7.17 billion on Nov. 25. The highest TVL as of Dec. 11 was Arbitrum ($2.4 billion), followed by dYdX ($980 million), with Boba Network in third, with a TVL of $770 million. Footprint Analytics: Layer 2 TVL Footprint … Read more
