Mooniswap and the Pathfinder algorithm will be available to NEAR users. The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch Exchange, will be the first Ethereum (ETH) DeFi protocol to develop on NEAR, a sharded smart contract platform. As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated […]
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Ethereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go. ETH 2.0’s Phase 0 launch looks all but certain for Dec. 1, with the number of Ether transferred to the ETH 2.0 deposit contract […]
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The launch of Ethereum 2.0 is bound to support DeFi growth, but would it be capable of handling the pace at which DeFi is growing? This deposit contract is the first step that would eventually lead to the launch of Ethereum 2.0. If to consider that the launch will go down successfully, Ethereum will ship […]
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The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next? On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes the […]
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FTX’s Sam Bankman-Fried doesn’t believe Ethereum will be able to provide the scaling capabilities required by the DeFi sector in future. FTX exchange co-founder and CEO Sam Bankman-Fried believes Ethereum (ETH) is incapable of handling decentralized finance’s (DeFi) growth. Talking to Camila Russo from the Defiant Podcast, Bankman-Fried says that the Ethereum blockchain is limitin […]
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The dissertation was written at an important moment in Bitcoin’s history. A Ph.D. dissertation On Scalability of Blockchain Technologies has become the most downloaded dissertation at Cornell University in the past eight years. The paper was penned by Adem Efe Gencer in 2017, under the direction of computer scientists Emin Gün Sirer and Robbert van Renesse. […]
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Aztec 2.0 is both a scaling and a privacy solution rolled into one. Aztec, a privacy protocol developing on Ethereum, announced on Monday the launch of its second iteration, promising private transactions and smart contracts while being cheaper than standard transfers. The layer two solution adopted by Aztec relies on zkRollups, similar to Loopring or […]
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Although it’s still impossible to pay with ETH where only BTC is accepted, cryptocurrency interoperability is being explored. Today, paying for purchases in cryptocurrencies no longer seems like something out of the ordinary. Many online stores accept Bitcoin (BTC) and other coins along with traditional currencies, while in some cafes, cryptocurrency holders can even pay […]
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Cross-chain money markets hope to drive liquidity to DeFi for top-performing assets, but will the concept catch on? Decentralized finance has seen impressive growth throughout 2020. To put this into perspective, a new report from Cointelegraph Consulting shows that the total value locked in DeFi jumped past $6 billion in August while in June, the […]
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In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the second one: vertical scaling. This is Part 2 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part […]
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