sidechain – DIGIT INFO

Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

DIGIT — Wed, 18 Sep 2024 14:45:45 +0000

This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within two prominent networks: Core and Bitlayer. Core and […]

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Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum

DIGIT — Fri, 24 Feb 2023 02:33:16 +0000

One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum.

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Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain

DIGIT — Mon, 17 Oct 2022 21:30:09 +0000

According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available technologies,” alongside deploying “existing Solidity apps on the EVM sidechain.” Ripple Core Developers and Peersyst Reveal […]

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Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November

DIGIT — Wed, 12 Jan 2022 04:30:18 +0000

The blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently published a report on how Ronin, Axie Infinity’s sidechain, […]

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BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days

DIGIT — Fri, 03 Dec 2021 21:30:06 +0000

During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months ago, […]

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Blockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade

DIGIT — Wed, 06 Oct 2021 10:00:03 +0000

On Tuesday, cryptocurrency supporters on social media and forums discussed Blockstream’s Liquid sidechain product as block signing had been down for over 20 hours. While Blockstream had noted the sidechain was undergoing a hard fork upgrade planned for October 5, a number of crypto proponents still scorned the project for being hypocritical toward blockchains like […]

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3 reasons why Polkadot is en-route to a new ATH even after a 256% rally

DIGIT — Tue, 14 Sep 2021 23:15:16 +0000

Steady development and strong fundamentals suggest that DOT’s rally toward a new all-time high is in the making.

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Karura launches decentralized exchange on Polkadot and Kusama

DIGIT — Fri, 23 Jul 2021 12:39:45 +0000

Karura Swap has opened trading for the Kusama/Karura — KSM/KAR — pair as the platform becomes one of the first DEXes to launch on Polkadot and Kusama.

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Polygon announces scalable data availability infrastructure Avail

DIGIT — Mon, 28 Jun 2021 14:30:00 +0000

The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols.

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Another first for Polkadot as Kusama council approves first parachain slot auction

DIGIT — Tue, 15 Jun 2021 13:45:05 +0000

The first Kusama parachain slot auction will now commence and is set to run for the next week.

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