Transaction Costs – DIGIT INFO

Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups

DIGIT — Sun, 04 Aug 2024 13:04:54 +0000

The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.

Aave DAO Launches GHO Stablecoin on Arbitrum Network

DIGIT — Tue, 02 Jul 2024 18:33:58 +0000

Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP). Aave DAO […]

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Onchain Fees for Bitcoin Drop to Six-Month Low

DIGIT — Fri, 24 May 2024 15:14:03 +0000

Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows Not Seen Since November 2023 Transferring BTC onchain is now […]

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Vitalik Buterin proposes Ethereum gas model overhaul

DIGIT — Tue, 14 May 2024 11:34:08 +0000

Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.

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Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

DIGIT — Tue, 24 Jan 2023 09:00:23 +0000

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]

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Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22

DIGIT — Sat, 03 Sep 2022 17:30:08 +0000

While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet […]

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Amid Ethereum’s Merge, Cardano Founder Charles Hoskinson Says ADA’s Vasil Fork Is Coming Soon

DIGIT — Sun, 28 Aug 2022 21:30:30 +0000

Cardano founder Charles Hoskinson detailed on Friday that the Vasil hard fork is coming soon and noted that it may occur “sometime in September.” The crypto asset’s upgrade has been overshadowed by the upcoming Ethereum upgrade called The Merge. Vasil Hard Fork Due ‘Sometime in September,’ Input-Output Global’s Charles Hoskinson Says The proof-of-stake (PoS) blockchain […]

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Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June

DIGIT — Wed, 01 Jun 2022 14:30:04 +0000

During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Moreover, according to a poll involving 24,468 crypto enthusiasts, cardano is predicted to reach […]

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