Gas tokens gain 300% as the quest for Ethereum network alternatives expands
Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees. Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on blockchain projects that offer a solution to these issues. One class of tokens that has received a boost in both trading volume and price over the past two months are gas tokens that help power transactions on their respective blockchain networks. VTHO/USDT vs.....
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Multi-million dollar incentive programs and the ease of cross-chain transfers are boosting the value of L1 and L2-based tokens and raising the total value locked in their associated DeFi platforms. The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers continue to embrace Ethereum (ETH) network alternatives that offer faster transaction times and lower fees.According to a recent report from Delphi Digital, the price of Ether has remained relatively flat over the past month while competitors like as Solana....
Ethereum is the dominant force in DeFi, and layer-two solutions are a promising alternative, but the layer-one blockchains are not done just yet. Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then can be reconciled on the main Ethereum network in one simple transaction.These layer-two options are gaining a lot of traction in anticipation of the release of....
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns […]
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns in 2022. Cardano Price Similar to Ethereum, the Cardano network is an open-sourced blockchain platform that deploys smart contracts to leverage DeFi (decentralized finance) protocols, NFT interoperability and more.....
GNUnet prides itself on being security- and anonymity-centric in its current form. Furthermore, GNUnet is a medium-latency network, whereas Tor or Freenet are both low-latency networks. Ever since the governments around the world started cracking down on the usage of Tor, users have been looking for viable alternatives. Finding such a solution is rather difficult, as one never knows whether or not the third-party service provider keeps user logs. Right now, it seems there are two possible alternatives, although it is still a bit early to tell. Both Gnunet and Netsukuku present interesting....