Solution to scale Ethereum '100X’ is imminent and will get us through until E...
The author of the Ethereum whitepaper, Vitalik Buterin, believes rollups will solve Ethereum’s scaling woes until the introduction of Eth2 sharding. Ethereum co-founder, Vitalik Buterin, believes the network is on the verge of scaling by a factor of 100, predicting the Optimism will release its layer-two solution in the coming weeks.Speaking on the Tim Ferriss podcast, Buterin noted Eth2’s developer are focused on working toward the chain merge with Ethereum, and are confident that layer-two solutions can support the network until sharding is developed. “Rollups are coming very soon,” he....
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According to a press release, internet browser Opera integrated with Ethereum layer 2 exchange DeversiFi and their scaling solution powered by Starkware. Users will be able to leverage cost-efficient and instant transactions via Opera’s mobile browser wallet. Related Reading | Ethereum Scalability Solution zkSync Deploys Tesnet, Cheap Network Fees Imminent? In that way, they will […]
BitMEX’s parent company has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets. 100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets. As a GDF patron board member, 100x will advocate for a more inclusive and better regulated digital financial system, BitMEX announced on Jan. 21.The new partnership with GDF extends 100x’s efforts to promote collaboration between the public and private....
Amid ongoing legal action from U.S. authorities, the company behind Bitmex — 100x — has announced a new CEO. 100x — the holding group for Bitmex’s parent company — has announced the appointment of a permanent new CEO in the wake of charges filed in Octob against the exchange’s co-founders, including former CEO of both 100x and Bitmex, Arthur Hayes.On Dec. 1, 100x announced that the former chief executive officer of German stock exchange Borse Stuttgart GmbH, Alexander Hoptner, will take over as CEO during January 2021. Hoptner will also join 100x’s board of directors, and will report....
Ethereum is rapidly approaching the crucial $600 level that has long been a pivotal point for its various trends This level has held strong on multiple occasions as resistance, which would make any break above it technically significant One trader is now noting that a serious move higher could be imminent for Eth in the near-term He points to a macro accumulation range that Ethereum is just starting to exit, noting that it was within […]
Scalability is a significant aspect of every blockchain-based solution. Several blockchain networks today, including the popular Ethereum and Binance Smart Chain, struggle with scalability issues. However, Jax.Network has established sharding as the absolute solution to this age-old problem. Using precise sharding technology allows the Jax.Network blockchain to scale the network as the demand for transactions […]