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This Week’s Crypto Highlights: Baby Doge Coin Jumps, Rocket Pool Tumbles

This Week’s Crypto Highlights: Baby Doge Coin Jumps, Rocket Pool TumblesOver the last seven days, bitcoin (BTC) has seen a 3.6% increase, while ethereum (ETH) slipped by 1.9%. During this period, several other digital assets experienced both stronger and weaker performances compared to these two giants. The meme token baby doge coin (BABYDOGE) leaped by 102%, and nervos network (CKB) saw a rise of 88.99%. […]

Bitcoin Technical Analysis: BTC Posts the Largest Bearish Daily Candle in Months

The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 Solution

The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 SolutionThe Nervos Network is an open Blockchain platform for innovators to build applications that are decentralized, autonomous and universally accessible. They want to create an all-encompassing architecture that allows dApp developers to build once and reach all of these users, everywhere using layer 1 + Layer 2 solutions. Ben Morris is the Director of Business […]

Bitcoin Technical Analysis: BTC Posts the Largest Bearish Daily Candle in Months

Nervos debuts mainnet beta layer-two blockchain project

Following the roll-out, the platform is now welcoming Ethereum blockchain developers to build upon the Nervos network in a bid to broaden their DApp ecosystem.

Public blockchain platform Nervos has announced the mainnet beta launch of Godwoken.

The layer-two blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees within an Ethereum-like environment. 

Built upon the existing Nervos layer-one network, the multi-chain solution seeks to capitalize on Ethereum’s well-documented drawbacks — most notably network congestion, high gas fees and scalability — and benefit from the growing importance of layer-two alternative platforms.

This long-standing roadmap achievement follows last year's deployment of Force Bridge, a cross-chain bridge designed to enhance the interoperability of transactions such as those between ERC-20 tokens on Ethereum and its layer-one proof-of-work blockchain protocol, Common Knowledge Base.

With both Godwoken and Force Bridge now available, the allurement for Ethereum developers to transition their decentralized applications (dApps) to Nervos and become early adopters in the expanding decentralized finance (DeFi) ecosystem is rising. Kevin Wang, co-founder at Nervos, shared his expectations for the future of the project:

“We’re establishing a new blockchain standard—a way for people to not only build dApps across DeFi and sectors on Nervos but also contribute to the wider blockchain ecosystem, regardless of account model, consensus mechanism, and other factors.”

Related: Nervos launches Ethereum bridge it says devs can use right out of the box

Nervos has revealed that the Godwoken whitelisting program is now open and accepting applications from dApp projects, especially those inherent on convincing Ethereum blockchain developers to build upon the ecosystem.

Community-based projects scheduled to release in the coming months include Yokaiswap, a mainnet interoperable automated market maker that is expected to facilitate annual percentage yield incentives for yield farmers.

Bitcoin Technical Analysis: BTC Posts the Largest Bearish Daily Candle in Months