#Blockchain Scaling

[pavel-nosok]

Uniswap to Launch on Polygon's zkEVM

Decentralized exchange Uniswap is set to launch on the Ethereum scaling solution provider Polygon’s zero-knowledge Ethereum Virtual Machine (zkEVM) roll-up. The proposal has already passed the 40 million vote threshold required for approval, with 100% of addresses voting in favor. (Read More)

[nigeriabitcoincommunity]

10 Blockchains With the Highest Transaction Speed in 2022

10 Blockchains With the Highest Transaction Speed in 2022 - Solana - Polkadot - Cardano - Algorand - Etc @solana @Polkadot @Algorand #SOL #crypto #DOT

Speed is vital in the blockchain space. This is why blockchains with the highest transaction speeds boast of their capacity. Today, I’ll explain the relationship between transaction speed and blockchain technology. Then, you’ll understand why fast transaction speed is necessary. Afterward, I’ll list 10 blockchain networks with the highest transaction speeds in 2022.   But first,  Post…

[goforcrypto]

Smart Contract Blockchains Are Struggling to Scale

Smart Contract Blockchains Are Struggling to Scale

Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with competition for scarce resources leading to mounting costs and congestion. To tackle these problems, an…

[hodlcrypto-blog]

Is EOS the "Ethereum Killer" or will it help Ethereum scale?

Is EOS the “Ethereum Killer” or will it help Ethereum scale?

EOS has often been referred to as the “Ethereum Killer”. So let’s get down to the basics. if we already have Ethereum, why do we need EOS?

Dan Larimer, the creator of EOS, BitShares, and Steem believes (as many of us do) that in the future, everything will be on the blockchain.

This will require a whole new scale of performance, and that’s where EOS comes in.

What is High Perfomance for the…

[cryptobully-blog]

Dogecoin is Unexpectedly Helping Ethereum to Solve its Scaling Issues -

http://cryptobully.com/2018/02/dogecoin-is-unexpectedly-helping-ethereum-to-solve-its-scaling-issues/

Dogecoin is Unexpectedly Helping Ethereum to Solve its Scaling Issues -

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  Doge, a cryptocurrency that was born as a “joke currency” is now helping Ethereum to solve its scaling issues. As it is known, Ethereum is facing several difficulties in order to scale its network. Dogecoin is playing a crucial role in order to test new technologies in the Ethereum network.

Dogecoin Tests Ethereum’s Technologies

On February the 5th, the technology truebit sent Dogecoin to Ethereum’s Rinkeby Testnet. Once there, the Dogecoin became a distinct asset on the blockchain. This transaction achieves a historic milestone towards interoperability of crypto assets. The test has been nicknamed “dogethereum bridge” and marks the first release of truebit.

Ethereum’s network is congested due to the fact that the data needs to be sored in the globally database and it requires three times more data than Bitcoin. Truebit aims to scale not only transactions, as other scaling solution like raiden and sharding propose, but it also tries to scale any type of Ethereum computation.

The cryptocurrency Ether is not just used for financial purposes, but the whole network is used by several developers all over the world. Truebit may be help all these developers having a smoother experience in the future.

Truebit co-founder Jason Teutsch commented about it:

“We built a first version of that, which we are calling “truebit lite.” It demonstrates that all the core pieces of truebit work. It is a big milestone for us.”

With the technology that is available right now, some participants need to behave in an altruistic way. That means that the system verifiers are performing expensive computations to help the network. The intention of truebit is to offer, one day, the possibility to reward participants for doing computational work on their computers.

At the moment, there is not an estimated date for how long it will take to launch that on Ethereum.

“It is always hard to make estimates like that because one of the rules of software engineering is, ‘However long you think something’s going to take, it ill take three times as long,’” commented truebit developer Sina Habibian.

For more details, you can check Coindesk’s article regarding this.

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  Tags: Blockchain Scaling, DOGE, Dogecoin, Dogethereum bridge, Ether, ethereum, Ethereum Dogecoin, Ethereum Scaling Issues, Ethereum Scaling Solution, Scaling, Scaling Issues, Sina Habibian, Truebit

#BlockchainScaling, #DOGE, #Dogecoin, #DogethereumBridge, #Ether, #Ethereum, #EthereumDogecoin, #EthereumScalingIssues, #EthereumScalingSolution, #Scaling, #ScalingIssues, #SinaHabibian, #Truebit Ethereum

[nigeriabitcoincommunity]

Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 And Layer 3.

Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 And Layer 3. - Overview of the blockchain layered architecture - Layer 0,1,2,3 explained @Polygon @ethereum #blockchain #bitcoin #cosmos

As a crypto fan, you have definitely come across these terms: Layer 1, Layer 2, Layer 3, and Layer 0. And, if I’m thinking correctly, you’re now curious as to what they mean. Well, these are the different layers of the blockchain. In today’s post, I will explain what these different blockchain layers mean in the simplest way possible. So, make sure that you read to the end. Post…