Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the ...
The decentralized finance (DeFi) sector has grown substantially over the last couple of years. Total Value Locked (TVL) in the ecosystem peaked at over $250 billion by the end of 2021, catalyzed by an ...
Scaling is the one primary challenge, particularly with the growing mass adoption of blockchain technology. Ranked right above scaling are others such as the ones concerning transaction speed and ...
The number of decentralized exchanges running layer-two solutions is growing as the Ethereum network struggles to keep up with its own popularity. As excessive Ethereum gas prices continue to hamper ...
Ethereum has been the center of focus in the cryptosphere for some time now, and for good reasons. As the popularity of the second-largest blockchain network continues to grow, so too does the urgency ...
The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...
Layer 2 solutions are protocols or technologies that are developed on an already existing blockchain network with the aim of enhancing its capabilities and efficiency. These solutions are designed to ...
Ethereum ranks as one of the most popular blockchain networks in use today. There is no denying that the site regularly sees thousands of visitors utilizing its services. The total number of ...