BOB has achieved one of its most important milestones! It is now the first blockchain to implement Zero-Knowledge (ZK) proofs as fraud proofs inside a hybrid rollup architecture. This gamechanging combo combines the efficiency and scalability of ZK rollups with the low cost and simplicity of optimistic rollups. Together, these...
PayPal has been at the forefront of commerce innovation for more than 25 years. Recently, the payments behemoth has been expanding the reach of its stablecoin, PayPal USD (PYUSD), including its integration with Arbitrum, currently the largest Layer 2 or scaling solution that sits atop Ethereum. This development is another...
Ethereum — the world’s most popular smart contract platform — is a highly dynamic platform that’s always changing. One of the more radical ideas being discussed is replacing the Ethereum Virtual Machine (EVM) with RISC-V, an open-source Instruction Set Architecture (ISA). Ethereum co-founder Vitalik Buterin is one of the biggest...
Fantom has launched Sonic, a new Layer-1 network designed to optimize decentralized finance (DeFi) through enhanced efficiency, scalability, and profitability. Sonics introduces a number of prime innovations. These range from the SonicVM virtual machine to a high-capacity transactional processing system with volumes exceeding 10,000 TPS to the Sonic Gateway—a native...
Vitalik Buterin, one of Ethereum’s cofounders, is calling for a radical restructuring of Ethereum’s underlying architecture. He proposes taking the current Ethereum Virtual Machine (EVM) and swapping it out for the open-source RISC-V instruction set architecture. This proposal, advanced by members of the Ethereum Magicians community, is a pragmatic solution...
