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Startup Tests New Ethereum Sidechain Following Coinbase Investment

News Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum. Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per secon..

Australian Coder Warns Users of Lightning Network’s Vulnerabilities

News Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.” Urgent update recommendedOn Aug. 30, Russell published a tweet urging LN nodes operators ..

Blockchain Scalability: Current Challenges and Potential Solutions

Expert Take Blockchains and the related field of decentralized technologies represent a massive opportunity for humanity — not to mention the fact they appeared with almost perfect timing. Our largest institutions have become so powerful that they can take advantage of normal people without reperc..

Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst Says

News Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best ..

Vitalik Buterin Talks Scalability: ‘Ethereum Blockchain Is Almost Full’

News Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny matter of the blockchain’s scalability. “Scalability is a ..

Tron Officially Releases Sidechain Scaling Solution Sun Network

News Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11. Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensu..

Animoca and Harmony Acquire Quidd to Expand Sale of Crypto Collectibles

News Blockchain gaming startup Animoca has partnered with the blockchain network Harmony to jointly acquire the digital collectible startup Quidd, with the intent of using its services to build a new ecosystem for crypto collectibles. Harmony shared news of the development with Cointelegraph via a..

The Enterprise Ethereum Alliance Launches the EEA Mainnet Initiative

News The Enterprise Ethereum Alliance (EEA) is setting up a technical group working on collaboration between the mainnet and enterprises. The working group, called the EEA Mainnet Initiative, intends to accelerate and lead cooperation between the EEA’s enterprise and startup members, as well as th..

Tron’s New Sun Network Going Live This Week Promises ‘Unlimited Capacity’

News Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4. 100x scalability for the Tron blockchainIn his tweet, Sun claimed that the first version of..

‘Multi-Threaded’ Blockchain Solana Receives $20 Million in Funding

News The development team behind proof-of-stake (PoS) blockchain Solana received $20 Million in funding, according to a press release shared with Cointelegraph on July 30. Solana claims to be first web-scaled blockchainPer the release, the funding round was led by Multicoin Capital, with participa..

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