March 27, 2023 │ 4:15 PM GMT Polygon zkEVM is the second zkEVM to launch on Ethereum mainnet after zkSync launched its version of zkEVM on Friday. Polygon zkEVM is fully open-source. The scaling project already has prominent protocols integrated. Ethereum has always been known to have scalability issues when
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof of concept,” widespread adoption of this alternative to
March 24, 2023 │ 2:40 PM GMT Two addresses consolidated more than $2 million worth of ARB tokens via almost 1,500 other wallets. Some think this makes the significant uptick in activity on Arbitrum in the last months fake. ARB is trading 80% down since claiming started on Thursday. The
An Introduction to Layer 2The Emergence of Layer 2 Blockchain SolutionsLayer 2 blockchains are built on top of layer 1 blockchains and aim to address some of the scalability and efficiency issues faced by layer 1 blockchains. They are designed to enable faster, cheaper, and more efficient transactions and improve the
Coinbase is launching the testnet for Base, a Layer 2 solution powered by Ethereum. Key Takeaways Coinbase is launching its own Layer 2 solution. Base is secured by Ethereum, but plans on being interoperable with other blockchain ecosystems. The company stated that Base would not have a native token. Coinbase