Polkadot

Less than two years ago, Polkadot launched Kusama, an experimental blockchain platform where developers could test their latest projects before migrating them to the main architecture. In the meantime, Kusama has reached such a high level of popularity that many developers choose to keep building their applications on it instead of moving to Polkadot. Today, we take a closer look at Kusama and the features that made it more popular for some than its parent platform, and whether Polkadot has…

Polkadot (DOT) has witnessed a massive bull run in recent weeks, and now the cryptocurrency has achieved a new milestone. Polkadot has managed to surpass Ripple and is now the fourth-largest cryptocurrency based on market capitalization. DOT price explodes and hits new all-time high The last few weeks have benefited all major altcoins, but some are doing better than others.  Polkadot (DOT) is one of the few that has recorded notable progress in setting new price records in recent days.…

According to the 2020 CoinGecko yearly report, bitcoin's smaller brother ETH has been the standout performing crypto of the past year. The report delved deep into what has been an exciting journey for the crypto space over the past 12 months; the period was marked by major events such as a resurgent decentralized finance space and massive adoption of BTC by institutions part of their hedging strategies. BTC may have grabbed the headlines in 2020 with its explosive run and…

Ethereum 2.0 continues to gain momentum with new developments on its smart contract network. Just six weeks after its beacon chain was launched, the number of validators has already exceeded 60,000. According to the analytical platform Beacon Chain, the total number of validators on the Ethereum 2.0 smart contract is 60,189. An additional 16,156 potential validators are waiting in the queue to be approved by the smart contract. This is remarkable and means that the beacon chain network launched on…

The crypto market is bullish today, January 1st, with the majority of the top 100 coins trading in the green. The leading coin, Bitcoin, continued its surge towards $30k as it achieved yet another milestone in the early hours of today. Bitcoin Makes New All-Time High Bitcoin's bullish run has extended to the New Year as the leading coin continued its march towards uncharted territory. After suffering a major dip a week ago, Bitcoin was able to rebound on Monday,…

Ethereum 2.0 (ETH) smart deposit contract was launched a month ago in anticipation of its move to the proof-of-stake protocol. Since then the number of eth staked has reached record levels and it is now the fourth largest staking network. $1 billion Worth Of ETH Staked According to Dune Analytics data more than $1 billion worth of ETH has been sent to the smart deposit contract. This corresponds to 1.5 million ETH, or nearly 1.4% of the total Ether supply.…

A new report from crypto exchange Coinbase reveals that Ethereum still maintains a significant advantage over its rivals. The report took a close look at the smart contracts market and made comparisons between Ethereum and other competitors in the space. First Mover Advantage The report begins by stating that Ethereum domination over the smart contracts sector is similar to that of Bitcoin in the crypto space. Like Bitcoin, this dominance is due to the first-mover advantage that each project had…

The crypto sector has witnessed a massive increase of developers in 2020, similar to the record in 2017. This increase has largely been towards major projects like Ethereum, Polkadot, Tezos, and Cardano. More Crypto Developers In 2020 In a comprehensive report, analytical firm Electric Capital analyzed the rising trend of developers in recent years. What is noticeable is that the number of people contributing to crypto projects has started to rise again in 2020. [caption id="attachment_21478" align="aligncenter" width="1050"] Electric Capital…

The crypto market is bullish today as the leading currency Bitcoin has returned above $19k again after a slightly bearish period. As expected, the crypto market has followed suit gaining $20 billion in marketcap in the past 24 hours. Bitcoins Surges Above $19,000 Bitcoin has been volatile in the past week, experiencing different price swings as uncertainty plagued the market. Just 48 hours ago, the primary coin dipped from around $19k to as low as $17,500. The dip in price…