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Scaling Solution

All articles tagged with #scaling solution

cryptocurrency2 years ago•2 min saved

Shibarium Launch Sparks Excitement and Growth for Shiba Inu (SHIB)

The Shiba Inu development team has announced that Shibarium, their layer-two scaling solution, is now available for public use after encountering initial hiccups. The team has reopened all previously locked channels and ensured the safety and security of funds. Over 65,000 wallets and more than 350k transactions have been recorded on Shibarium. The withdrawal time from the Shiba Inu bridge is working as intended, with Leash, WEth, and SHIB taking 45 minutes to three hours, and BONE taking up to seven days. The Shiba Inu team expressed gratitude to the Polygon development team, particularly Sandeep Nailwal, for their assistance during the challenges faced by Shibarium.

via The Crypto Basic|

#cryptocurrency #cryptocurrency-development #polygon

blockchain2 years ago•1 min saved

Polygon 2.0 Goes Global and Unveils Upgrades to Tap into Internet's 'Value Layer'

Ethereum scaling solution Polygon will unveil its blueprint for version 2.0 over the next few weeks, which will include a network of zero-knowledge layer 2 chains that can communicate with each other. The Polygon 2.0 vision aims to build "the value layer of the internet" and enable decentralized finance, digital ownership, and new means of coordination. The announcement for how Polygon plans to address its Polygon PoS chain is set for next week, followed by a series of announcements on the blockchain's architecture, token, and governance over the next four weeks.

via CoinDesk|

#blockchain #decentralized-finance #ethereum