Smart contract platform Solana (SOL) is moving to the top of CoinGecko’s list of fastest blockchains. In a new publication, CoinGecko says Solana is a staggering 46 times faster than its rival Ethereum (ETH), the second-largest digital asset by market cap, making it the fastest large blockchain on the market. However, CoinGecko says that Solana […]
The post ‘46 Times Faster Than Ethereum’ – Solana Races to the Top of CoinGecko’s List of Swiftest Blockchains appeared first on The Daily Hodl.
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow.
Trillion-dollar asset manager Franklin Templeton suggests “Base Season” has arrived with the rise of Social Finance (SocialFi) apps, with Base leading other Ethereum layer 2s in the vertical.
“[It is] positioning itself well to capture a material share of SocialFi activity and remain a leader in the Ethereum L2 sector going forward,” Franklin Templeton said in a May report.
About 46% of transactions related to SocialFi are on Base, which has increasingly stripped market share away from the BNB Chain and Polygon in recent months, according to one of the charts provided by Franklin Templeton.
The Ethereum layer-2 scaling solutions provider is going up against StarkWare’s tech stack Starknet.
Ethereum layer-2 developer Polygon has launched an alpha version testnet of its latest zero-knowledge rollup (ZK-rollup) solution called Miden as the Ethereum scaling competition heats up.
In a May 6 X post, Polygon said the Polygon Miden Alpha Testnet zero-knowledge was live for developers to begin testing. Miden is a ZK-rollup designed to extend the capabilities of the Ethereum blockchain.
Polygon’s latest solution — like other ZK-rollups — uses a type of cryptography where data can be verified or “proved” without revealing what the data consists of to the rest of the network.
One widely followed crypto analyst is warning Ethereum (ETH) traders that an ETH exchange-traded fund (ETF) approval from the U.S. Securities and Exchanges Commission (SEC) is unlikely to happen soon. Crypto trader Michaël van de Poppe tells his 715,800 followers on the social media platform X that traders may have to wait a little longer for an ETH ETF. […]
The post Here’s Why One Crypto Analyst Doesn’t Think an Ethereum ETF Will Get Approval Despite ‘Altcoin Bull Market’ appeared first on The Daily Hodl.
A prominent layer-2 scaling solution for the meme asset Dogecoin (DOGE) is announcing that it is going to be shutting down its wallet services next month. In a new thread on the social media platform X, Mishaboar, one of Dogecoin’s developers, tells investors to make sure they move their DOGE out of the Dogechain wallet […]
The post Popular Dogecoin (DOGE) Layer-2 Solution Dogechain To Shut Down Wallet Services Next Month appeared first on The Daily Hodl.
The airdrop was announced one year after Avail was spun-off by Polygon Labs.
Avail, a Web3 infrastructure layer built using Polygon’s software development kit, will be airdropping 600 million of its native token AVAIL to users.
"The Unification Drop is a unifying force bringing different communities together, rewarding developers, governance contributors, technical educators, rollup users, stakers, and other valuable contributors from across multiple blockchain communities,” Avail said in an April 18 statement.
Founded in 2020, Avail consists of three segments: Nexus, Fusion, and DA. Avail DA improves base-layer transactions further by scaling rollups via methods such as KZG commitments and data availability sampling.
EY said it chose Ethereum instead of a private network as it is cheaper, more confidential and prevents a party from gaining a “strategic advantage” over another.
Big Four accounting firm Ernst & Young has launched an Ethereum-based solution using zero-knowledge proofs aimed at helping its private business clients facilitate complex contracts.
Called the EY OpsChain Contract Manager (OCM), the solution will help private businesses execute complex business agreements in a timely, confidential and cost-effective manner, the firm explained in an April 17 statement.
Among the types of contracts that can leverage EY’s Ethereum-based solution are purchase agreements, standardized rate cards, volume discounts, rebates and strike prices.
The platform is purpose-built for the crypto industry and was designed to pool resources on current threats and vulnerabilities.
The post Security Alliance launches crypto threat-sharing platform appeared first on Crypto Briefing.
Most investors who bought memecoins Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) continue to stay in profit despite a correction sweeping the crypto market, according to analytics firm IntoTheBlock. Following Bitcoin’s (BTC) correction from $72,750 to a low of $61,079 last week, data from IntoTheBlock shows that 85% of DOGE holders are still in […]
The post Majority of Dogecoin, Shiba Inu and Pepe Holders Remain Profitable Despite Latest Crypto Correction: IntoTheBlock appeared first on The Daily Hodl.
The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit by […]
