Will a Sharded Ethereum Be Flexible Enough for Decentralized Finance?
Over the past year composability has become a very real competitive advantage for DeFi. Will Ethereum's upcoming overhaul threaten it?
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Polkadot’s vision for a sharded parachain ecosystem is moving toward becoming a reality. The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet.Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot on March 26.Acala has won the first parachain slot auction on @Polkadot testnet Rococo, and now Acala occupies the first public parachain slot on Rococo . Keep on building ️ pic.twitter.com/EscaM8dGqQ— Acala - DeFi Hub of Polkadot (@AcalaNetwork) March 26,....
Mooniswap and the Pathfinder algorithm will be available to NEAR users. The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated market maker protocol to NEAR. Sergej Kunz, CEO of 1inch, told Cointelegraph that its Pathfinder aggregation algorithm will be eventually implemented as well.The NEAR iteration of Mooniswap will remain independent from the existing version on Ethereum....
PRESS RELEASE. Keeper Finance is a decentralized finance protocol that is inspired by job matching protocol Keep2r which is DeFi version 3.0. It is designed to be a lite version of Keep2r and is a more flexible and profitable protocol. Keeper Finance offers a decentralized platform that connects developers with projects teams to execute jobs. Keeper Finance uses a unique mechanism that ensures that jobs are executed and job takers are rewarded promptly within its blockchain ecosystem. To achieve this, Keeper Finance uses a job matching concept whereby job takers called Keepers register....
Former Bitcoin Core lead developer Gavin Andresen has clarified comments he made comparing growth in the Bitcoin and Ethereum networks. In a tweet on September 25, Andresen said: Many interpreted this statement as a prediction Ethereum would replace Bitcoin as the world’s preeminent cryptocurrency. But that’s not the case. Ethereum Shows Large....
The launch of Ethereum 2.0’s beacon chain marked a significant milestone at the end of 2020. Several years in development and subject to substantial delays, many were skeptical that it would even happen before the end of the year. Even now it’s launched, there’s still a long road ahead as the core developer team wrangle with the challenges of implementing a sharded blockchain. Furthermore, the events of 2021 only underscored just how badly scalability is […]