Fees

People leaving Ethereum is ‘just never going to happen,’ says Solana co-founder

Source Node: https://ambcrypto.com/people-leaving-ethereum-is-just-never-going-to-happen-says-solana-co-founder/
Time Stamp: December 2, 2021 4:30 PM - Modified On: December 2, 2021 - Published By:
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Republished By Plato

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Solana’s native token Sol reached a new all-time high in early November. Furthermore, at the time of writing, the token registered a 10% ROI over the past week. Also, it had a 24-hour trading volume of over $3.6 billion, at

Buterin lauds struggling yet biggest ETH L2 solution, Arbitrum’s efforts in the space

Source Node: https://ambcrypto.com/buterin-lauds-struggling-yet-biggest-eth-l2-solution-arbitrums-efforts-in-the-space/
Time Stamp: November 21, 2021 7:30 PM - Modified On: November 21, 2021 - Published By:
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Republished By Plato

Arbitrum, the Ethereum L2 rollup is one of the first optimistic commercial solutions. It lowers costs and speeds up transactions on the Ethereum mainnet. Over the years, Arbitrum has done an excellent job in scaling Ethereum. At press time, it is the biggest Layer 2 solution on the Ethereum network and its growth in just four months has been exceptional. The value locked (TVL) stands at $2.67B and accounts for 47% of the overall market share. However, it seems to be losing heat. Appreciation post Arbitrum and its community have covered

RippleX exec says ODL is ‘killer value proposition to Ripple Net’

Source Node: https://ambcrypto.com/ripplex-exec-says-odl-is-killer-value-proposition-to-ripple-net/
Time Stamp: November 20, 2021 12:30 AM - Modified On: November 20, 2021 - Published By:
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Republished By Plato

Despite the ongoing SEC vs Ripple Labs lawsuit and the market experiencing a dip, Ripple has been making waves in crypto news. During an episode of the Thinking Crypto podcast, RippleX General Manager Monica Long spoke to host Tony Edward about Ripple’s recent performance, multi-chain development, and the XRP Ledger technology. Water, water everywhere Calling ODL the “killer value proposition to Ripple Net,” Long explained, “So you know, ODL’s been in market for a few years now and Q3 was definitely, you know, the most outstanding…And the volume through ODL

Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One

Source Node: https://ambcrypto.com/binance-integrates-ethereum-layer-2-scaling-solution-arbitrum-one/
Time Stamp: November 19, 2021 11:30 PM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network. Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain Ethereum transactions that are faster and cheaper as compared to the Ethereum mainnet. Binance users can now deposit all ERC-20 tokens from the Ethereum network, with the Arbitrum side chain at lower costs, and all users

StakeMoon Coin Officially Launches on PancakeSwap

Source Node: https://beincrypto.com/stakemoon-coin-officially-launches-on-pancakeswap/
Time Stamp: November 19, 2021 9:00 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

StakeMoon, a new and innovative digital cryptocurrency project, launches on the PancakeSwap decentralized exchange (DEX) today, following a successful pre-sale, raising more than $500,000. Sponsored Sponsored StakeMoon listing on the PancakeSwap has created a marketplace for buyers and sellers to transact. This DEX will enable users to buy, sell, and trade hundreds of decentralized finance (DeFi) currencies without third-party involvement. The value of StakeMoon will therefore be dictated by market forces. PancakeSwap has the most users of any decentralized platform, ever created, and those users are now entrusting the platform

This Country is promoting Crypto businesses, but here is the Catch

Source Node: https://coingape.com/this-country-is-promoting-crypto-businesses-while-imposing-strict-regulations-and-hefty-taxes/
Time Stamp: November 19, 2021 4:14 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining

Pangolin V2 Prepares for Launch with Improved Smart Contracts and Tokenomics

Source Node: https://www.cryptonewsz.com/pangolin-v2-prepares-for-launch-with-improved-smart-contracts-and-tokenomics/
Time Stamp: November 18, 2021 11:34 PM - Modified On: November 18, 2021 - Published By:
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Republished By Plato

The first iteration of Pangolin launched on the Avalanche blockchain in February 2021 and quickly rose to become one of the most utilized decentralized exchanges (DEX) on the market – as well as one of the most successful dApps to launch on the Avalanche Network to date. Pangolin V1 used the same automated market maker (AMM) model as popular DEFI platforms such as UniSwap, and its Avalanche-based tokens were cross-compatible with those built on Ethereum. The protocol managed to process more than $8.7 billion dollars in trade volume in less

Bitrefill Lets El Salvadorans Pay All Accounts with BITCOIN

Source Node: https://www.cryptonewsz.com/bitrefill-lets-el-salvadorans-pay-all-accounts-with-bitcoin/
Time Stamp: November 18, 2021 8:30 AM - Modified On: November 18, 2021 - Published By:
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Republished By Plato

Bitrefill is a well-known business among the Bitcoiners allowing them access to over four thousand gift cards by paying through BTC. Earlier this year, they partnered with Salvadoran startup Hugo App to enable Bitcoin exchange for Hugo’s wide range of goods and services. The ability to pay with bitcoin is on the rise as Bitrefill announced a new service that allows Salvadorans to pay their bills in BTC.  Bitcoin became proper legal tender in El Salvador starting this year on September 7, persuading all companies to accept BTC as a form

Ethereum-based real-time banking tool Sablier expands to Polygon, Binance Smart Chain

Source Node: https://bitcoinerx.com/bitcoin/ethereum-based-real-time-banking-tool-sablier-expands-to-polygon-binance-smart-chain/
Time Stamp: November 18, 2021 4:44 AM - Modified On: November 18, 2021 - Published By:
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Republished By Plato

Sablier, an Ethereum protocol for real-time banking, announced the launch of its infrastructure on Polygon and Binance Smart Chain Wednesday, with the goal of improving efficiency and lowering fees. Sablier may now be used for streaming payroll, payments, and subscriptions by a larger user base thanks to the deployments throughout these chains. Gas fees slashed by thousands of percent When compared to Ethereum gas expenses, the Sablier launch on Polygon is expected to save customers 676,750%, while the Sablier deployment on Binance Smart Chain would save users more than 12,000%.