Latest News for: Off chain Blockchain

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Ethereum will drive global cryptocurrency adoption, not Bitcoin: Roger Ver

Cryptoslate 30 May 2023
Bitcoin Cash advocate and early Bitcoin investor Roger Ver has praised Ethereum, saying it will be the chain that drives global cryptocurrency adoption ... He conceded that Ethereum has scaling issues but played down the severity of the problem by pointing out the prevalence of EVM-compatible blockchains that can take the load off the main chain ... ....
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Why Chainlink (LINK), DigiToads (TOADS), and Cosmos (ATOM) Are Your Best Bets for 2023

NULLTX 26 May 2023
Chainlink’s oracle network provides secure and reliable data feeds to decentralized applications for the expanding blockchain ecosystem, making it a solid long-term bet ... So, the project can block the game between off-chain and on-chain environments, unlocking the ultimate potential of blockchain technology.
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How Can Crypto Lending 2.0 Pave the Way for More Inclusive Financial Solutions?

Cryptopolitan 26 May 2023
Pioneered by protocols like MakerDAO, Maple Finance, and Alkemi Network, Crypto Lending 2.0 combines the power of blockchain technology, off-chain information, and compliant lending products to offer unprecedented advantages for lenders ... By incorporating off-chain information, ...
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authID INC. Announces Closing of $8.2 Million Concurrent Registered Direct Offering and Private ...

Enid News & Eagle 26 May 2023
DENVER, May 26, 2023 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ ... We intend to bring real-world (off-chain) authentication and deliver it onto a blockchain network for smart contract consumption for use in enterprise and customer applications across multiple industry segments” stated Rhon Daguro, Chief Executive Officer of authID. Mr ... David S ... Graham N ... .
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Zebec’s Modular L3 Nautilus Chain Debuts on Mainnet, Focused on DeFi Future and Continuous Payments

CryptoPotato 25 May 2023
Nautilus Chain’s settlement layer is currently built on Solana node, its execution layer on Neon EVM and Solidity smart contract, with data availability hash stored off-chain in order to keep Nautilus’ modular blockchain architecture ... “Zebec’s progress with Nautilus Chain ...
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Web3 developer discovers a bug in Celer’s SGN

Cryptopolitan 25 May 2023
Celer, a Cosmos-based blockchain facilitating cross-chain communication, released parts of the off-chain SGNv2 code on GitHub, prompting Jump to review the script and privately notify Celer’s protocol team about the vulnerability ... However, it does not cover off-chain bugs such as the one discovered in the SGNv2 network.
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What Crash? How Crypto Keeps Escaping Extinction.

Market Watch 25 May 2023
The Global X Blockchain exchange-traded fund (BKCH), a basket of crypto-related stocks, is up 90% ... While most blockchains are public, recording every transaction for anyone to see, much trading happens “off chain” in centralized exchanges, which are relied upon to report accurate data.
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How Will L2 Smart Contracts Help Attain Mainstream Crypto Adoption?

Cryptopolitan 24 May 2023
In contrast, Layer 2 scaling solutions rely on off-chain scaling methods such as state channels, nested blockchains, rollups, and sidechains ... Additionally, Layer 1 blockchain networks utilize more complex methods to achieve scalability, while Layer 2 scaling solutions rely on off-chain scaling methods to enhance transaction speed and efficiency.
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Layer-2 solutions to fix scalability issues in blockchain and expand cryptocurrency adoption

Cryptopolitan 24 May 2023
While the advantages of blockchain are undeniable, it also brings several challenges ... Bitcoin’s innovation refers to a second layer on top of its blockchain that permits transactions to be moved off-chain ... These use the chain to verify transactions, but payments are done off-chain, providing more cost-effective and quicker payments.
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Vitalik Buterin calls DFINITY Ethereum’s sister network – EDCON 2023

Cryptopolitan 24 May 2023
DFINITY is a groundbreaking blockchain platform that aims to provide a highly scalable and efficient decentralized computing network ... On-chain governance VS off-chain governance – The The Internet Computer BNS is a built-in on-chain governance structure, whereas Ethereum discussions and decisions must be conducted off-chain.
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Understanding Bitcoin Ordinals: An In-Depth Guide

Changelly 24 May 2023
This differs from traditional NFTs, which often use off-chain storage methods such as the InterPlanetary File System (IPFS) ... NFTs store their data off-chain on a separate database on Ethereum, which is different from the Bitcoin network ... any data off-chain on a separate database.
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While Chainlink fails to deliver new updates, investors turn to DigiToads for its exceptional growth

CryptoNewsZ 24 May 2023
Chainlink is a decentralized oracle network renowned for providing real-world data to smart contracts on the blockchain. This functionality enables smart contracts to interact with off-chain systems, including other blockchains and traditional data sources, facilitating a seamless bridge between the physical world and blockchain ecosystems.
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On-chain Cardano analysis highlights ‘positive trends’

Cryptoslate 23 May 2023
It enables developers to create mini-blockchains, or heads, for processing data off-chain. This quickens processing time and takes load away from the main chain. It was concluded that on-chain metrics point to positive trends, particularly the stable transaction count, rising transaction volume, and whale accumulation.
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How Ethereum Layer 2 solutions are revolutionizing DeFi brokers and users

Cryptopolitan 21 May 2023
These solutions are designed to enhance the scalability and efficiency of the blockchain network by processing certain transactions or computations off-chain, while still leveraging the security and decentralization of the underlying Layer 1 ... By moving some operations off-chain, ...
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Crypto hunter busts husband’s $500k BTC hideout in divorce

Cryptopolitan 21 May 2023
Sarita’s ordeal signifies a rapidly evolving landscape of financial infidelity, characterized by complex transactions across blockchains and investments in virtual metaverse properties ... One such method, known as “chain hopping”, involves quick switches from one blockchain to another to throw off investigators.

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Bitcoin miner thief Sindri Thor Stefansson from Iceland has reportedly been arrested, CoinDesk reported Tuesday, April 24, 2018.
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