Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,421,899,749,476.47
  • 24h Vol: $59,999,661,080.16
  • BTC Dominance: 56.54%

rollups

rollups-are-‘copies-of-the-evm,’-not-true-scaling-solutions,-says-developer

Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, cryptocurrency adoption, DEX, Ethereum, EVM, Interview, Plasma, rollups, Zero Knowledge / / / , , , , , ,

According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless […]

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arbitrum’s-daily-transaction-count-surpasses-ethereum-for-the-first-time-ever

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

Leave a Comment / Arbitrum, Bitcoin, Blockchain, Chains, cheaper, computational workload, Crypto, Crypto Hacked, Cryptocurrency, daily transfer count, daily transfers, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, News, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, Zero Knowledge, ZK rollups, ZKsnarks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers Skyrocket Layer two (L2) scaling networks have become popular over the last two years as secondary

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combined-transactions-on-arbitrum-and-optimism-l2-chains-outpace-ethereum’s-daily-transfer-count 

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 

Leave a Comment / Arbitrum, Bitcoin, Blockchain, Chains, cheaper, computational workload, Crypto, Crypto Hacked, Cryptocurrency, daily transfer count, daily transfers, DeFi, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, XRP, Zero Knowledge, ZK rollups, ZKsnarks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of

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