Tag: blockchain

The massive upgrade of the Ethereum network known as the Merge has finally happened, moving the digital core of the second-largest cryptocurrency to a more energy-efficient proof-of-stake protocol after years of development. The historic move casts aside the miners who had previously driven the blockchain, with promises of higher scalability and massive environmental benefits. When…

US investment firm KKR & Co. has made its Health Care Strategic Growth Fund available on the Avalanche blockchain. The firm hopes that a tokenized fund will increase accessibility to individual investors. As The Wall Street Journal reported, investment giant KKR, which had $471 billion in assets under management at the end of 2021, is…

Reconsidering the first cryptocurrency’s slow-and-steady approach to development, as Ethereum’s “Merge” nears – writes Chris Castiglione on CoinDesk. Bitcoin is slow to change. Transaction speeds are too slow for a global payment system. The community is reluctant to embrace novelty. And the rate of new innovation, in comparison to nearly every other blockchain, is tortoise-like….

Over the last three months, the activity of its blockchain developers has decreased by more than 26% in weekly active developers, a recent data analysis from Artemis revealed. Crypto researchers suggest that this is attributed to the departure of “tourist investors” and “tourist builders” that would give real builders to get real work done. A…

BNB chain, a Layer-1 blockchain by Binance, has announced its own zero-knowledge (ZK) proof scaling technology, called zkBNB. Binance claims zkBNB will improve scalability metrics and transaction speed. Zero-knowledge (ZK) proofs are one of the viable long-term solutions for decentralized blockchain scalability, as Ethereum co-founder Vitalik Buterin said in his ‘Endgame’ article. It is an…

The blockchain isn’t just cryptocurrency, and Market Research Future says it’s growing quickly — explains Ray Fernandez on TechRepublic. In 2023, the Web3.0 blockchain technology sector will be worth more than six trillion dollars, according to Market Research Future, and Web3.0 will continue to grow at a CAGR of 44.6% from 2023 to 2030. Because…