Category: Network
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‘No network is flawless’: Wildfires underscore resiliency challenges for telecoms
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Breadcrumb links BMN technology BMN Business Article writer: Canadian Press Sammy Hodes Published on June 9, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. When wind-driven wildfires raged on the Hawaiian island of Maui last…
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Breez Brings Bitcoin’s Lightning Network To Every Crypto Wallet
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Bitcoin has traditionally been considered an odd pair Interesting forays in the cryptocurrency ecosystem over the past year. Cake Wallet’s decision to integrate Lightning is an unexpected but exciting development to continue this trend of Bitcoin integration. By doing so, Cake aims to make Bitcoin more practical for its users’…
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Layer 2 Network Base Became The Largest In The OP Stack Ecosystem
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The world of blockchain technology is constantly evolving, with innovative solutions emerging to address the challenges faced by the Ethereum network. Among these solutions, Layer 2 networks have gained significant traction, offering scalability and improved efficiency. One layer 2 network, Base, recently made waves in the cryptocurrency community by surpassing…
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dWallet Network Brings Multi-Chain Zero Trust Protocols to Aptos Blockchain
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dWallet Network has announced the expansion of its technology to include the first layer blockchain network, Aptos. The move aims to bring Zero Trust Protocols (ZTPs) with inherent cross-chain interoperability capabilities to decentralized finance (DeFi) and gaming ecosystems on Aptos. By integrating dWallet’s Zero Trust architecture, ZTPs developed on Aptos…
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Firm Attacks US Miners, Bitcoin Network Growing Stronger
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Kerrisdale Capital, an investment management firm Launched A scathing attack on the US Bitcoin mining industry, describing it as a haven for “snake oil salesmen” who gobble up investors’ capital and harm the environment. Investment firm attacks Bitcoin, claims mining model is flawed In a post on X, the management…
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BitReXe: Enabling Parallel VMs on Bitcoin Network
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Ethereum is still working on a complementary plan to parallel EVM, but Bitcoin could soon expect its own parallel VM layer 2. Let’s first understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has a critical design feature: it executes transactions sequentially. Sequential execution ensures…
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BitReXe: Enabling Parallel VMs on Bitcoin Network
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Ethereum is still working on a complementary plan to parallel EVM, but Bitcoin could soon expect its own parallel VM layer 2. Let’s first understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has a critical design feature: it executes transactions sequentially. Sequential execution ensures…
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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem
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(Press Release – Singapore, Singapore, June 5, 2024) Our ambitious 2024 roadmap includes 8x improved throughput, zkAuth for Web2 ID, and major grants Moonbeam Network, an intelligent contracting platform for building cross-chain applications, announced the “Moonrise” initiative anchored on its 2024 product roadmap which includes introducing parallel processing to improve…
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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem
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(Press Release – Singapore, Singapore, June 5, 2024) Our ambitious 2024 roadmap includes 8x improved throughput, zkAuth for Web2 ID, and major grants Moonbeam Network, an intelligent contracting platform for building cross-chain applications, announced the “Moonrise” initiative anchored on its 2024 product roadmap which includes introducing parallel processing to improve…
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EOS Network Foundation to cap token supply at 2.1b
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Yves La Rose, CEO of the EOS Network Foundation, announced that the community’s proposal to limit the EOS supply to 2.1 billion tokens and burn the excess has been approved. Once implemented, the proposal would burn approximately 80% of the total EOS supply, primarily from future emissions, setting a fixed…
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PlayFi Announces Exclusive Node License Presale on Polygon PoS Network to Empower Gaming Innovation By Chainwire
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New York City, New York, May 24, 2024, Chainwire PlayFi, an AI and blockchain-powered data network specifically designed for the gaming industry, today announced its plan to hold an exclusive node license pre-sale on the Polygon PoS network. Publishing the sale on the Polygon network marks PlayFi’s entry into the…
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
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Web3 infrastructure developer COTI has unveiled a developer network ahead of its upcoming launch of its Ethereum-based layer 2 network COTI V2. According to a press release sent to CryptoPotatothe COTI V2 developer network was launched, bringing a new layer of secrecy and advanced obfuscation protocols to the blockchain. COTI…
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
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Web3 infrastructure developer COTI has unveiled a developer network ahead of its upcoming launch of its Ethereum-based layer 2 network COTI V2. According to a press release sent to CryptoPotatothe COTI V2 developer network was launched, bringing a new layer of secrecy and advanced obfuscation protocols to the blockchain. COTI…
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Bitcoin Network Sees Lowest New Addresses Created Since 2018
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Bitcoin (BTC) network activity in creating new addresses has dropped significantly, reaching its lowest level since July 2018. Despite this, Bitcoin is trading at around $67,000 after rising more than 7% in the past week. Decreased Bitcoin network activity Data from market intelligence platform IntoTheBlock reveals a 7-day average of…
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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
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Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) of 2024, with its native OP token up 9% on the back of this bullish momentum. Optimism sees higher activity and higher transaction fees According to my recent path a reportOptimism’s traded…
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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
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Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) of 2024, with its native OP token up 9% on the back of this bullish momentum. Optimism sees higher activity and higher transaction fees According to my recent path a reportOptimism’s traded…
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Bitcoin’s Lightning Network In Every App: Breez CEO’s Vision
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Founders: Roy Shenfield, Roy Erez and Yacoub Salama Date of Establishment: 2018 Headquarters location: far The amount of Bitcoin held in the vault: Dozens were detained in Breeze Lightning’s contract Number of Employees: 11 website: https://breez.technology/ Public or private? private Roy Shenfeld says the time for orange pilling is over.…
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After layoffs, Musk says Tesla to spend $500 million on charging network By Reuters
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(Reuters) – Tesla CEO Elon Musk said on Friday that the company will spend more than $500 million this year to expand its fast charging network, days after the employees who were running the company were abruptly laid off. “Just to reiterate: Tesla (NASDAQ:) will spend more than $500 million…
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Network Fires Back at Token Supply FUD
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Sui, a year-old top-tier Blockchain sweetheart, faces a harsh reality check. While celebrating its first anniversary on May 3, 2034, the network found itself embroiled in controversy over its token economy, and the design and distribution of its cryptocurrency, SUI. SUI symptom: a cause for concern? The fire was fanned…
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Bitcoin Network Tops 1 Billion In Total Transactions Processed
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The Bitcoin network has reached a major milestone, processing its billionth transaction yesterday. This milestone comes 15 years and 4 months after the Bitcoin genesis block was mined on January 3, 2009. just in: #Bitcoin It has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW – Bitcoin Magazine (@BitcoinMagazine) May 5,…