Solution

Cardiff, 英国, May 26th, 2024, Chainwire On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled "Taproot Consensus: A Decentralized BTC Layer2 Solution." This paper details the implementation of Taproot Consensus, leveraging native Bitcoin technologies such as Schnorr signatures, MAST, and Bitcoin SPV nodes to build a fully decentralized BTC Layer2 solution. Taproot Consensus represents a significant leap in native Bitcoin scalability, combining existing Bitcoin technologies innovatively without modifying Bitcoin's core code. I. History…

Amidst the evolving cryptocurrency landscape and surging demand, Bitcoin's scalability challenges still persist in 2024. Moreover, the focus is now shifting towards solutions that can not only help unlock its full potential, but cater to a widening array of use cases worldwide.  zkBTC — a project supported by prominent incubation and marketing firm Lunar Digital Assets (LDA), has emerged with a mission to scale Bitcoin comprehensively, addressing the rising demand for Ordinals and BRC20s, in-turn driving mass adoption. Being recognized…

Flash Liquidity integrates Chainlink Data Streams and Automation on Arbitrum mainnet to enhance self-balancing pools, offering sub-second price resolution and decentralized on-chain execution. Leveraging Chainlink’s proven infrastructure, Flash Liquidity enhances liquidity provider advantages with continuously monitored asset value ratios. Flash Liquidity, the DEX aggregator that introduced self-balancing pools, recently announced the integration of Chainlink Data Streams and Chainlink Automation on Arbitrum mainnet. The DEX aggregator noted that it seeks to leverage DeFi’s industry-standard pull-based low-latency oracle solution, in order to…

Significant updates have been approved by the Terra community aimed at restoring LUNC and USTC tokens. These include crucial developments in token management and plans for enhanced market integration. Following a critical update, the Terra Luna Classic community has approved a pivotal proposal to enhance the Inter-Blockchain Communication (IBC) client between Terra Classic and Kujira. As reported by Binance, this initiative is part of a broader effort to rejuvenate the LUNC and USTC tokens. Additionally, the proposal includes appointing Allnodes…

The post How a Layer-2 Solution Secured $4.6 Million in Funding and Outperformed Solana (SOL) with a 600% Rally appeared first on Coinpedia Fintech News Option2Trade (O2T)’s successful presale and subsequent market performance are not just wins for the project but for the blockchain community as a whole. As Option2Trade (O2T) continues to develop and deploy its Layer-2 solutions, it sets new standards for what is possible in the crypto space, challenging existing platforms like Solana (SOL) to evolve or…

Worldcoin is launching World Chain as a Layer 2 solution on Ethereum to enhance transaction efficiency and cater to a growing user base. Incorporates Proof of Personhood for secure and private user verification, offering incentives like WLD tokens for verified identities. Worldcoin is poised to unveil its Ethereum-based Layer-2 solution, known as World Chain, this summer. Created by Tools for Humanity, this platform is designed to prioritize real human users over bots by offering them priority in block space allocation…

Ernst & Young has launched an Ethereum-based OpsChain Contract Manager, representing a significant step towards simplifying complex business agreements while ensuring confidentiality, efficiency, and cost-effectiveness. Ernst & Young’s New Blockchain Tool  Accounting giant EY has launched a new blockchain tool aimed at simplifying complex business agreements while reducing costs and ensuring security. Known as the EY OpsChain Contract Manager (OCM), this Ethereum-based solution targets challenges such as managing agreements across various operational and technological boundaries, both internally and externally. Making…

DeeStream's presale is riding a wave of crypto investor interest, particularly from Injective Protocol and First Digital USD communities. This surge in excitement coincides with the upcoming Bitcoin halving, suggesting some investors are looking beyond Bitcoin for disruptive opportunities. DeeStream aims to revolutionize streaming with blockchain technology, creating a fairer and more efficient system for content creators and viewers. With the crypto world buzzing about the Bitcoin halving, DeeStream's presale has the potential to be a game-changer, offering a compelling…

Last week, Cardano released Hydra v.0.16.0, the latest version of the scaling solution that supports cardano-node v.8.9.0 and the corresponding Conway block format.  Other developments included a new version of the Lace wallet, while the Mithril team furthered its work in scaling the signature and proof generation for the mainnet. The Cardano ecosystem continues to develop and improve and as the latest weekly development report reveals, there were new releases to the Hydra scaling solution and the Lace Web3 wallet,…