With significantly lower transaction costs and faster transaction speeds, could Solana be the most dreaded Ethereum killer?
Built based on a decentralized framework, such as blockchain or other distributed ledger technology, decentralized applications — also known as decentralized apps, or DApps — offer products, services, games and more. DApps can offer solutions similar to the centralized apps of the mainstream world, although traditional applications function on a centralized backend with a single point of failure.
Entities can build DApps on a number of blockchains. Ethereum DApps are built on Ethereum’s blockchain, for example, while Tron DApps run on Tron’s blockchain. Blockchains operate as the backbone for these applications, giving DApps greater security through decentralization. DApps can also cut out reliance on third parties that produce or host the technology on which centralized applications may be built.
LINK price is struggling to maintain its bullish momentum, but derivatives data shows a clear path to $40 in the long term.16678
Multichain solutions will change the blockchain space from an “interesting new technology” to an essential, high-growth industry.31043
More than $1 billion in fees has been generated for Uniswap’s liquidity providers since its November 2018 launch.8285
As the decentralized space is growing at lightning speed, projects need to adapt to the multichain future or risk becoming irrelevant.11361
The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge.24932
The new bridge is allegedly five times cheaper, faster, and more secure than before. The company says it is meant to act as a "growth engine" for future expansion.7141
A layer-one protocol that has been specifically built to serve DeFi has launched its mainnet.5567
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.”8446
On the inevitable journey into the mainstream, crypto might replace one gatekeeper with another. Are we ready for this sacrifice?5306
The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies announced a $200 million Series D funding haul.1884
Meitu has reported losses of $17.3 million on its Bitcoin holdings, with its Ether investment having gained $14.7 million despite the recent crypto downturn.12913
The arrival of interoperable solutions will be an opportunity for a positive shift in the public’s perception of blockchain.12061
A blockchain application platform is performing a testnet migration on July 1— delivering an array of tangible improvements.2512
Coinbase is looking to bolster its global presence, announcing it will focus on launching new products “in most countries by default” moving forward, including a crypto app store.10572