Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.
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Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism Foundation stated in its proposal, “The Bedrock upgrade is a major step […]Powered by WPeMatico
What Is Ontology Cryptocurrency?
It seems there is one cryptocurrency and blockchain project which has been making a lot of waves lately. Known as Ontology, this new high-performance public blockchain will be quite interesting to keep an eye on. So far, the project is still in the early stages of development, but there will be some milestones to be achieved in the coming months. Ontology Explained When it comes to public blockchains, one of the more pressing issues these days is scaling. No public blockchain can properly scale to enterprise-grade levels in their current form. Ontology aims to address that problem by introducing a new high-performance blockchain which serves as aPowered by WPeMatico