Embrace Ethereum: Advantages of EVM-compatible Public Chains
The race between public chains, which are the cornerstone of the blockchain industry, has always been at the center of attention. Recently, along with the impending Merge and the boom of new, Move-based public chains, the category has once again attracted the spotlight. While Ethereum stays the dominant player in the sector, emerging public chains […]
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Research shows that throughput on Solana surpassed the leading EVM chain by a wide margin, leading researchers to predict that competing Layer 1 chains will out-do EVM chains. An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of Automated Market Makers on each has found Solana’s Orca DEX was the clear winner in trades per second. It managed 273.34 trades per second and created a new block every 590 milliseconds.Binance Smart Chain (BSC) wasn’t too far behind with 194.6 trades per second on PancakeSwap, followed by Polygon....
Sifchain, the omni-chain DEX platform connected to the Cosmos network, recently rolled out the 2.0 update for its signature product Peggy. Peggy is a two-way bridge that connects Sifchain to the Ethereum network and enables a seamless flow of assets between the chains. Now that Sifchain is connected to the Cosmos network, Peggy also facilitates the transfer of assets from Ethereum to any of the chains connected to Cosmos. This innovative project gained significant traction from the market, and capitalizing on this success, Peggy has now rolled out the new and improved Peggy 2.0. This....
Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains. The Crypto.com chain testnet allowing projects built on Ethereum to transfer over to its ecosystem from chains compatible with Ethereum Virtual Machine is now live.In a Tuesday announcement, Crypto.com said it had launched the testnet for its Ethereum Virtual Machine, or EVM, chain called Cronos, running in parallel to the Crypto.org chain. The chain is aimed at providing developers the ability to move projects from Ethereum and....
Ethereum’s dominance as the blockchain of choice for DAOs remains strong, but there is a case being made for other chains which may be better suited. The crypto community and industry have chosen Ethereum as the chain of choice for most blockchain-based decentralized applications, but other chains may be better suited to handle the workload for decentralized autonomous organizations (DAOs).Technical advantages and cheaper transactions have yet to become a major pull factor from Ethereum Virtual Machine (EVM) chains. EVM compatibility enables a network to use Ethereum’s security features.....
With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself clearly from the rest. KuCoin Community Chain (KCC) has been established for more than a year. As a community-driven chain of the well-known exchange KuCoin, what is the value behind KCC? An in-Depth Look Into KuCoin Community Chain (KCC) On June 16, 2021, KuCoin Community Chain (KCC), a....