Opinion
Despite all the hype, layer 2s have never been the solution to scaling the EVM, as they come with their own set of challenges. The answer has lied within layer 1s all along.
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Transactions News
Transactions form the backbone of any economic system, facilitating the exchange of goods, services or assets between parties. In the digital age, cryptocurrency transactions, notably those involving Bitcoin (BTC), have revolutionized how we exchange value. In the crypto world, a Bitcoin transaction involves transferring ownership of a specific amount of Bitcoin from one digital wallet to another. These transactions are recorded on a public ledger called the blockchain, ensuring transparency and security.
The sender generates a digital signature to verify ownership before initiating a Bitcoin transaction and broadcasting it to the network. The validity of the transaction is then confirmed by miners using intricate mathematical algorithms. The transaction is recorded permanently on the blockchain after it has been verified and added to a block.
A digital wallet, which can be hardware or software-based and contains cryptographic keys that let the owner access and manage their money, is required to spend Bitcoin. Funds can be safely transferred using the recipient’s Bitcoin address, allowing people to easily participate in the global digital economy.
- Opinion
Stablecoins power deobanks, a new generation of decentralized banks that offer accessible, efficient and transparent financial solutions, especially in high-risk areas.
3772 - Explained
The US Senate and House of Representatives have voted for the resolution of the repeal of IRS crypto broker rules, which were facing intense debate.
- News
Custodia Bank said it partnered with Vantage Bank to tokenize US dollar demand deposits and issue them on Ethereum.
3191 - How to
To bridge to Solana, select a trusted bridge platform, connect your wallet, choose your asset and source chain, and initiate the transfer to Solana.
13602 - News
Bitcoin whales appear to be on the move as Bitcoin gained over 4% over the past seven days.
13669 - News
Mt. Gox also shuffled a total of 12,000 Bitcoin worth over $1 billion on March 6 and another 11,833 Bitcoin on March 11.
14843 - How to
There’s a growing demand to pay for food with Bitcoin in-store and online. As institutions adopt Bitcoin as a store of value, people also want to use it for everyday purchases.
14945 - News
Solana is celebrating its fifth year since its genesis block was created on March 16, 2020. Here are five developments that have helped shape the last five years of Solana.
3129 - News
Mt. Gox moved a batch of Bitcoin worth over $930 million on March 11 as the bankrupt crypto exchange vies to fully repay customers by Oct. 31.
5732 - News
Ethereum researcher “Malik672” has proposed a solution to democratize Ethereum’s block proposer process, which they claim would also eliminate MEV at the block level.
10043 - Explained
Ethereum rolling back transactions post-Bybit hack is technically infeasible. It has grown into a vast and complex network, and the repercussions of a rollback would be enormous.
- Spotlight
With the recent turmoil in the crypto space, this project claims that everyone is pretending to fix things, and it is “here to make it worse.” Investors apparently have taken an interest in the idea, as the satirical layer 2 pulled off a $1 million FlashRaise.
12395 - News
The FBI says it “encourages” private sector entities to prevent Bybit hackers from laundering more funds from the $1.4 billion hack on Oct. 21.
3135 - Explained
Explore the informal hawala remittance and transaction market and the challenges that it poses when combined with cryptocurrencies.