But First, What Is Blockchain? Blockchain is a fundamental concept in understanding the way cryptocurrency works. But it's not only limited to its application in crypto. The blockchain is a database ...
The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...
Ethereum ecosystem scaling has moved from theory to actual production-grade infrastructure. Optimistic Rollups, ZK Rollups, major Layer 1 upgrades like The Merge and The Dencun upgrade (EIP-4844), and ...
I am old enough to remember when alternatives to the slow, clunky and costly Ethereum ETH blockchain would take its near 100% market share away. It was a little over two years ago. A lot has happened ...
Ethereum is witnessing a surge in "blob" usage, an effective data management tool introduced earlier this year, signaling that more users are embracing layer-2 scaling solutions for faster and more ...
Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily ...
Due to Ethereum’s heavy usage, the network has become congested, and a viable solution is needed. Layer 2 solutions help maintain compatibility with Ethereum and make the blockchain cheaper and faster ...
As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists. Elena Sinelnikova, co ...
Thirteen years after the world’s first Bitcoin (BTC) pizza purchase, the pioneer cryptocurrency network faces a new wave of disruption thanks to the advent of Ordinals, the recently launched protocol ...
Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs associated with transactions on layer 2 solutions that batch and compress transactions before sending them to ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Real-world assets (RWAs) are redefining the landscape of financial markets and challenging ...
With increasing adoption of blockchain, a major concern remains how to operate efficiently with the millions of end-users on the Blockchain without losing speed or continuing to provide services that ...