Tagged: zk rollups

Mandala Commissions Immutable X to Power Carbon Neutral Metaverse

Mandala, which claims to be a “unique” Metaverse experience that promotes the intersection of technology, spirituality, sustainability and entertainment, is teaming up with Immutable X’s Layer 2 scaling solution on Ethereum “to build a multi-platform interoperable metaverse, leveraging NFTs to combine gripping storytelling with immersive… Read More

Ethereum Rollups Must Improve in Key Areas, Huobi Research Institute Reports

Huobi Research Institute, the blockchain research organization, recently shared a detailed report on Ethereum rollup solutions, titled “How Far is Rollup from Maturity: A Dive into Rollup’s Development Path.” In the extensive report, Huobi Research Institute analyst Barry Jiang points out some of the “drawbacks”… Read More

Ethereum Alternatives like Avalanche, Solana, BSC Offer Performance Benefits, but Sacrifice Certain Degree of Decentralization: Report

Amber Group, a firm that helps clients buy and sell cryptocurrency products, earn yield, manage risk, and access liquidity, notes that one of the most “pressing” challenges that the Ethereum (ETH) network faces is scalability. In an extensive report, Amber Group explained that this issue… Read More

ConsenSys Rollups Introduced with Assistance from Mastercard, Enabling Scalability on the Ethereum Mainnet and Permissioned Chains

ConsenSys, the Ethereum software firm, has announced the launch of ConsenSys Rollups, in order to offer enterprise-grade scalability to various financial organizations, addressing the key use case of “scalable applications on the Ethereum blockchain.” ConsenSys leveraged the expertise of Mastercard’s engineering team to “design the… Read More

Syscoin Smart Contract Chain Now Live, Claiming to Offer “Best” of Bitcoin and Ethereum

Phase One of the NEVM launch is now officially complete, the Syscoin team announced in a recent update. Their Bitcoin-secured Layer 1 for EVM smart contracts “reached mainnet on block 1,317,500, December 6th, 2021,” according to an update shared with Crowdfund Insider. With this upgrade… Read More

Polygon to Create DeFi, Web3 DAO

Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced plans to create a decentralized autonomous organization (DAO) for DeFi and Web3. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100 million users to its… Read More

DeFi Tokens Aave, Chainlink (LINK), REN Managed to Outperfom Bitcoin (BTC) this Past Week: Report

Many decentralized finance (DeFi) assets have experienced a strong bounce or recovery as Ethereum (ETH) fundamentals appear to look “stronger than ever,” according to a report from OKCoin. The report pointed out that DeFi tokens have been following Bitcoin (BTC) and Ethereum’s (ETH) price movements…. Read More

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