Tag: blockchain scalability

BlockDAG Fundraising for $37M  and Mining Excellence Outshine Ethereum and NEAR’s Market Moves

BlockDAG fundraising reaches $37 million, demonstrating its status as a top altcoin in digital currency mining. The Ethereum market is carefully watching the...

Wilder World Metaverse on Samsung TVs: Web3 Gaming Revolution

A partnership between Wilder World Metaverse and Samsung enables its Web3 gaming metaverse to be accessed through Samsung Smart TVs. Samsung and Wilder...

Revolutionize Blockchain Security with Movement Labs’ $38 Million Fundraiser

In a record Series A financing, Polychain Capital invested $38 million in Movement Labs to improve blockchain security and scalability. Developer tools and educational activities funded by Movement Labs foster creativity and blockchain competence. The Movement L2 testnet propelled Ethereum Virtual Machines based on the Move protocol toward mainstream adoption. Rushi Manche and Cooper Scanlon, the 21- and 24-year-old co-founders of Movement Labs, have raised an astounding $38 million in Series...

Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap

Initially planning to transition into an Ethereum layer-2 network, Canto blockchain has opted to strengthen its position within the Cosmos ecosystem as a...

Cardano’s Charles Hoskinson refutes Hydra abandonment: ‘It’s raining FUD’

The Cardano network's transaction processing is about to undergo a revolution thanks to Hydra. Grayscale's Dynamic Income Fund (GDIF) has emerged as a...

TRON Integrated With Amazon Web Services to Accelerate Blockchain Adoption

TRON DAO proudly announced its AWS integration from Geneva, Switzerland, marking a significant step forward in the democratization of blockchain technology. The...

Tackling the Scalability Conundrum: A Deep Dive into Blockchain Challenges

The surge in blockchain transaction volumes precipitates network congestion, triggering delays in confirming and disseminating transactions. The exponential increase in transaction volumes directly...