Scaling Solution – DIGIT INFO

Linea blockchain halt highlights slow decentralization of Ethereum L2s

DIGIT — Mon, 03 Jun 2024 02:35:38 +0000

Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.

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Coinbase CEO says Bitcoin Lightning is ‘something we’ll integrate’

DIGIT — Mon, 10 Apr 2023 02:30:35 +0000

“Lightning is great and something we’ll integrate,” Armstrong said in response to an allegation that he was “ignoring” the network.

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ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset

DIGIT — Thu, 23 Mar 2023 07:50:02 +0000

A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges, the token’s value may turn […]

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Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model

DIGIT — Fri, 17 Mar 2023 05:30:11 +0000

The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors, […]

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Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023

DIGIT — Thu, 01 Dec 2022 11:30:26 +0000

On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet is scheduled to release in 2023. Decentralized Autonomous Organization Soft Launches Mantle, a […]

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Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023

DIGIT — Sat, 29 Oct 2022 16:00:20 +0000

Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can […]

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Ethereum scaling network Arbitrum set for major upgrade on Aug. 31

DIGIT — Tue, 30 Aug 2022 04:55:06 +0000

The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.

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Researcher’s Scathing Lightning Network Analysis Finds Flaws

DIGIT — Thu, 09 Jan 2020 16:16:53 +0000

On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and the editorial insists “in order for Lightning Network to provide privacy, it must be massively over-capitalized.” Also […]

The post Researcher’s Scathing Lightning Network Analysis Finds Flaws appeared first on Bitcoin News.

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Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

DIGIT — Wed, 17 Jul 2019 19:58:38 +0000

The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the […]

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Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

DIGIT — Sat, 30 Mar 2019 00:10:31 +0000

Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also […]

The post Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees appeared first on Bitcoin News.

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