Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’

Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster 'Groundbreaking ZK Rollup Tech'On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the […]

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Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability

Ethereum Co-Founder Vitalik Buterin Publishes 'Plausible Roadmap' Addressing ScalabilityIn recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming proof-of-stake transition, and censorship resistance. Buterin Outlines Plausible Ethereum Scaling Roadmap in […]

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Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution

The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) […]

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Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google

Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With GoogleGoogle is joining forces with the blockchain firm Dapper Labs in order to help bolster Web3 development, blockchain gaming, and non-fungible token (NFT) technology. The blockchain company’s CEO Roham Gharegozlou tweeted about the deal on Tuesday noting that the firm was “amped to welcome Google to the Flow blockchain.” Google to Collaborate With Dapper Labs […]

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Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million

Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 MillionOn August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live, Offchain Labs Raises $120 Million in Funding […]

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