PancakeSwap V3 Takes The Stage On Ethereum’s Layer 2 Linea Mainnet
PancakeSwap, a leading decentralized finance (DeFi) platform, has officially launched its anticipated Version 3 (V3) on the Linea Mainnet. According to the announcement, the collaboration between PancakeSwap and Linea aims to provide a seamless trading experience with lower fees, increased liquidity provider returns, and enhanced capital efficiency. Related Reading: Here’s Why Arthur Hayes Is Not In Support Of A BlackRock Spot Bitcoin ETF PancakeSwap V3 On Linea Linea, formerly known as ConsenSys zkEVM, stands as Layer 2 scaling solution powered by ConsenSys. Linea achieves faster....
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Developers cite business development opportunities, protocol expansion and the technical capabilities of the Aptos chain as the main reasons for the proposal. On Oct. 20, developers of the popular decentralized exchange, or DEX, PancakeSwap proposed deploying its mainnet on layer-1 blockchain Aptos.Currently, PancakeSwap is based on BNB Chain and processes about $47 million worth of trading volume each day. However, its developers have introduced the DEX's first multichain migration proposal after the launch of Aptos on October 17, writing: "Aptos is a next-generation L1 with low....
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....
One of the most significant events in the history of cryptocurrency is finally expected to happen this week. Ethereum’s major software upgrade, called The Merge, will fully transition the blockchain platform from its current proof-of-work consensus mechanism to the proof-of-stake model. Ethereum is expected to continue on as normal, only now it will be verified using PoS instead of PoW for authenticating crypto transactions. According to Ethereum.org, “The Merge represents the joining of the existing execution layer of Ethereum (the Mainnet) with its new proof-of-stake consensus layer, the....
Robonomics has announced the integration of XRT on the Binance Smart Chain ecosystem. Now, XRT is available for trading on PancakeSwap, the decentralized exchange on BSC with the biggest daily trading volume of $1 billion. Trading XRT on PancakeSwap started today. Partnership with AnySwap for the development of a bridge of $XRT ERC-20 to BEP-20 […]
The Ethereum blockchain is set to bid farewell to proof-of-work, and welcome proof-of-stake as the mainnet merges with the Beacon Chain. Ethereum's long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoS) is upon us as the Merge looms in less than 10 hours. There's plenty to consider for the wider cryptocurrency space — and here's what you need to know.What is the Merge?The Ethereum blockchain will transition away from its energy-intensive consensus mechanism PoW as its execution layer merges with the new PoS consensus layer known as the Beacon Chain.The Beacon Chain went....