Okay, we admit it, Ethereum’s gas fees deserved to be the butt of that joke. We’re talking a near 99% reduction thanks to Layer 2 scaling solutions. Cue the celebratory tweets, right? Hold your horses. So cheaper transactions are great news, but hold your horses on popping champagne before doing...
Bitcoin hitting a new all-time high? Fantastic! Market cap soaring past $2.4 trillion? Incredible! Hold that champagne celebration for just a moment there. I'm not trying to rain on anyone's parade, but all this excitement around the price is, frankly, meaningless if we don't address the elephant in the room:...
Bitcoin Layer 2 scalability. Its objective is to address the Bitcoin network’s scalability issues by incorporating the Solana Virtual Machine (SVM). This innovative technological approach seeks to address the shortcomings of the existing Bitcoin Layer 2 landscape. It provides a DeFi-ready ecosystem out of the box, including liquidity protocols and...
Either way, the undisputed king of crypto has always been terribly limited in both scalability and smart contract functionality. It’s unique in this respect and makes it the most secure and sound store of value. Using it in decentralized finance (DeFi) and other complicated applications have been marred by limitations....
Okay, let's talk Bitcoin. Follow us into the world of song, we are sure you will recognize it, you will love it (hopefully). Let’s be real though – it’s about as flexible as a T. rex on ice skates. Slow transactions, high fees – it’s not the fintech future your...
Coinbase has had a remarkable talent for playing defense on expenses. While doing so, they’ve managed to keep transaction expenses down to just 14% of their net revenues. This milestone is mostly credited to the power of its Base network, a highly scalable and efficient proprietary Ethereum Layer-2 solution. With...
Solana is developing a Bitcoin layer 2 blockchain. They’re using the Solana Virtual Machine (SVM) to bridge Bitcoin over to the Solana network. This announcement arrives with Solana far ahead of all other blockchains in terms of active users, with more than 78 million unique actions this month. Solana's established...
Bitcoin's recent surge past $70,000 (forget $110,000, let's be realistic) is exciting, isn't it? The champagne taste quickly fades when you try to actually use Bitcoin for anything beyond hodling. High fees and slow transaction times? Public health Taking a public health approach to scientific communications is like running a...
26 million transactions. That's the headline coming out of Botanix Labs' testnet. A Bitcoin Layer 2 making that type of volume possible? Impressive, no doubt. Let’s apply the brakes on the bubbly. Have we really produced a solution in search of a problem to celebrate? Are we so blinded by...
Arbitrum, the biggest of Ethereum’s popular Layer-2 scaling solutions, is continuing to ride the wave of positive momentum in the blockchain sector. By solving Ethereum’s expensive gas fees and network slowdowns, Arbitrum provides a fast and cheap solution for flourishing decentralized applications. The platform’s cutting-edge approach is amplified by an...
