scaling

Reddit user discovers 61.3 million LRC moved to Loopring Exchange

Source Node: https://bitcoinerx.com/blockchain/reddit-user-discovers-61-3-million-lrc-moved-to-loopring-exchange/
Time Stamp: November 18, 2021 4:34 AM - Modified On: November 18, 2021 - Published By:
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Investors and market observers are speculating that a recent Loopring transaction is linked to a GameStop (GME) float.  On Tuesday, a deposit of 61.3 million LRC ($164.8 million) was made on the Loopring Exchange. In addition, the assets were transferred from layer 1 to layer 2. This transaction was discovered by a Reddit user u/Prof Dankmemes, who claimed that the address that initiated the transfer had “connections.”  The connection in question is said to have previously been linked to Loopring’s Chief Executive Officer and founder, Daniel Wang. This might be

Loopring CEO Moves 61.3 Million LRC, Triggering GameStop NFT Speculation

Source Node: https://beincrypto.com/loopring-ceo-lrc-gamestop-nft-speculation/
Time Stamp: November 17, 2021 1:50 AM - Modified On: November 17, 2021 - Published By:
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On Nov 16, a transaction of 61.3 million LRC being moved to layer 2 occurred on the Loopring network. The Crypto community speculates that this could be a move to support a forthcoming GameStop NFT marketplace.Sponsored Sponsored Investors and market speculators are having a field day after a recent Loopring transaction has them thinking that it could be related to a GameStop (GME) float. On Nov 16, a deposit of 61.3 million LRC, worth $164.8 million, on the Loopring Exchange occurred. The assets were also moved from layer 1 to

Acala and Moonbeam Leading Polkadot Parachain Auction with $2.5B TVL

Source Node: https://beincrypto.com/acala-moonbeam-polkadot-parachain-auction-with-2-5b-tvl/
Time Stamp: November 16, 2021 3:20 AM - Modified On: November 16, 2021 - Published By:
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There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.Sponsored Sponsored The Polkadot network’s highly anticipated parachain auctions kicked off on Nov 11 and two projects are commanding a significant lead over the rest of the pack vying for the slot. With a combined total value locked of more than $2.5 billion worth of DOT pledged, Acala and Moonbeam are close contenders for the victory for the auction ending on Nov 18.Sponsored Sponsored The winning project will

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

Source Node: https://dailyhodl.com/2021/08/28/can-these-surging-altcoins-compete-with-ethereum-glassnode-analyzes-three-growing-platforms/
Time Stamp: August 28, 2021 2:45 PM - Modified On: August 28, 2021 - Published By:
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A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

L2 Labs explores L2.Cash Protocol to bring Zk-Proofs to payment tools

Source Node: https://ambcrypto.com/l2-labs-explores-l2-cash-protocol-to-bring-zk-proofs-to-payment-tools/
Time Stamp: August 27, 2021 3:00 AM - Modified On: August 27, 2021 - Published By:
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L2 Labs Foundation, the high-profile software engineering team behind flagship Ethereum-based decentralized exchanges (DEXes), solidifies its stance as a prominent scaling infrastructure provider. Now it intensifies the research and development efforts addressing the one-stop payment solution for businesses and individuals. L2 Labs Foundation develops payment protocol powered by zk-proofs: What is L2.Cash? Seasoned blockchain developers from L2 Labs have shared the details of their new product, L2.Cash. It is going to allow decentralized applications and end-users to harness leading L2 scaling techniques of the Ethereum (ETH) universe, zk-proofs. The new

Ethereum EIP-1559 Upgrade Adopted 34x Faster than Bitcoin Segwit

Source Node: https://beincrypto.com/ethereum-eip-1559-upgrade-adopted-34x-faster-bitcoins-segwit/
Time Stamp: August 27, 2021 2:11 AM - Modified On: August 27, 2021 - Published By:
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The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple factors.Sponsored Sponsored It has been a little over three weeks since Ethereum’s London upgrade was deployed on Aug 5. In that short time, it has seen rapid adoption according to Yearn Finance developer “banteg.” In a tweet on Aug 27, the developer stated that Bitcoin’s SegWit upgrade went live four years ago on Aug 25, 2017, adding that it is currently used for about 80% of BTC transactions.Sponsored Sponsored He compared that to

Polkadot Passes Bitcoin Cash as 6th Largest Crypto

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Time Stamp: December 31, 2020 2:01 PM - Modified On: May 21, 2021 - Published By:
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Polkadot and its native cryptocurrency, DOT, have overtaken Bitcoin Cash (BCH) as the sixth largest cryptocurrency by market cap. According to CoinGecko, a cryptocurrency market capitalization aggregator, Polkadot has a market cap of $7.63 billion. It now ranks sixth by market cap, compared to Bitcoin Cash’s $6.35 billion market cap. What has many impressed is the short time frame it took for Polkadot to reach this level. Polkadot is less than a year old. While Polkadot was hitting this milestone, co-founder Gavin Wood released an updated road map for the

Flare Network Review: Smart Contract Network For XRP

Source Node: https://www.coinbureau.com/review/flare-spark-flr/
Time Stamp: December 26, 2020 11:08 PM - Modified On: May 21, 2021 - Published By:
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As the third largest cryptocurrency most people familiar with the space have heard about Ripple and they understand that it is a global payment and foreign exchange network that was designed to replace the outdated SWIFT banking network. And while it works great for that specific use case, otherwise it has shown limited usefulness in other functions.That might all be fixed however as the Flare Network has been created with the goal of improving the utility of XRP tokens by creating a network with smart contract capability for the XRP