AdEx Turns More Lucrative with Staking and Layer 2 Scaling Solutions
AdEx, the open-source global decentralized ad network has improved greatly in the past few months, thanks to upgraded staking feature and its robust layer 2 scalability solution that makes it one of the biggest payment channels on the Ethereum network. The latest staking mechanism combined with its robust OUTPACE payment channel and DeFi products has […]
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AdEx, the next-generation blockchain-powered digital advertising network, has just partnered with Chainlink, the world’s largest and most popular blockchain oracle provider, to integrate Chainlink oracles into its staking ecosystem to power its novel staking loyalty pool and governance system. Creating an Elastic Reward Mechanism With ADX Designed to make online advertising more transparent and less prone to fraud, AdEx uses a combination of traditional peer-to-peer technology and blockchain to track and verify traffic using a […]
Will layer-two scaling solutions solve all the challenges that enterprises face with public blockchains? At the end of 2019, research firm Forrester and Big Four firm Ernst & Young, or EY, published a report surveying the adoption of public blockchains by enterprises. Findings revealed that 75% of respondents were likely to use a public blockchain in the future.Although this was the case, the report also found that most enterprises were still using private blockchains to ensure security, privacy and scalability. What was also noted in the survey as the top three concerns regarding public....
Metis, an Ethereum Layer-2 scaling protocol supported by Rollup Tech, recently announced the launch of its mainnet Andromeda, while establishing a $100M Ecosystem Fund to support emerging dApps, gaming, and DeFi solutions. In addition to these recent announcements, Metis has unveiled a unique Staking program. Metis, an Ethereum (ETH) Layer-2 platform for dApps, DAOs, NFTs, […]
While layer-2 protocols have been focused on “scalability,” layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin. While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.” Buterin shared his thoughts in a Saturday post, providing three “visions” of what layer 3s will be used for in the future. The Ethereum co-founder said a third layer on the blockchain makes sense only if it provides a....
Any innovation must be engineered so that as adoption grows, the right scaling technologies can be integrated into it at the right time. Cointelegraph is following the development of an entirely new blockchain from inception to the mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.Scalability is a popular topic in blockchain, but few ever explain what we mean by that term. When we at Koinos Group talk about scaling what we mean is scaling to the masses. Creating a blockchain that everyone on Earth can use. That means the....