On Thursday, a proposal to fund decentralized autonomous organization zkDAO passed via treasury protocol BitDAO with close to 200 million votes cast. The proposal was authored by Matter Labs — the organization behind Ethereum scaling protocol zkSync — and Mirana Ventures.Utilizing zk-Rollups, zkSync and its family of technologies will build layer-2 infrastructure capable of … [Read more...] about BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
Scaling
Zero-knowledge scaling tech Plonky goes live on Polygon
On Monday, Polygon (MATIC), a layer two Ethereum (ETH) scaling solution known for its fast transaction times and negligible gas fees, announced the launch of Plonky2, a zero-knowledge scaling technology claimed to be the fastest in the world. Zero-knowledge algorithms ensure everything is correctly computed on layer two and return the succinct proof to Ethereum without sending … [Read more...] about Zero-knowledge scaling tech Plonky goes live on Polygon
Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO
FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in a Twitter flood.In his view, there are three keystones to industry progress in 2022: regulation, scaling and transaction speeds. He proposes solutions to each puzzle piece, … [Read more...] about Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO
ConsenSys Collaborates With Mastercard on New Ethereum Scaling Solution
“ConsenSys Rollups enables vastly more scalability in addition to strong privacy protections to both enhance solutions for existing use cases and enable new use cases,” Madeline Murray, global lead of protocol engineering at ConsenSys, said in the statement. “This innovative solution will help accelerate the building of the future of finance.” Source link … [Read more...] about ConsenSys Collaborates With Mastercard on New Ethereum Scaling Solution
BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
Smart-contract platform Avalanche’s ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, Bank of America said in a research report.Avalanche’s subnet feature is increasing adoption, the bank said, with more than 380 projects built on the platform.“Subnets enable faster time-to … [Read more...] about BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum