Tag: Smart contracts
ZKsync Introduces Elastic Chain Network of ZK Chains for Efficient Transactions
ZKsync recently made an important upgrade that transformed its Ethereum bridge into a shared router to support a network of interoperable ZK chains. This new development, known as ZKsync 3.0, now allows for multichain...
Chainlink Data Streams Product Launch on Avalanche Network: CoinJournal
Chainlink, a leading blockchain technology company, recently launched Data Streams on the Avalanche Network in collaboration with GMX, a perpetual futures trading platform. This new product is designed to improve data handling for decentralized...
Layer-2 Chain Anduro Introduces ‘Portal to Bitcoin’ for Atomic Swaps
Anduro, a layer-2 chain incubated by Marathon Digital Holdings, has introduced a new feature called Portal to Bitcoin. This feature allows users to convert assets like ETH into BTC using atomic swaps on the...
Morpho Launches as First L2 Protocol on Base – CoinJournal
Morpho, a decentralized finance (DeFi) lending and borrowing protocol, has achieved a significant milestone by becoming the first Layer 2 (L2) protocol to launch on Base, a scaling network for Ethereum introduced by Coinbase...
Proposed Plaza System Unifying Parachains for Enhanced Scalability
Polkadot co-founder, Rob Habermeier, has put forward a new proposal called Plaza, aimed at unifying parachain functionalities to improve network scalability. He believes that the current setup of functionalities across multiple chains poses challenges...
Filling the Gap: Optimism Protocol’s Transformation
Optimism, the Ethereum layer-2 project, has recently made a significant technological advancement that fills a crucial gap in its system. The missing piece, known as "fault proofs," is essential for challenging malicious transactions within...
$65M Prize Pool Launched for Polkadot JAM Upgrade
The Web3 Foundation has recently announced the launch of a $65 million prize pool to support the implementation of the Join-Accumulate Machine (JAM) upgrade within the Polkadot ecosystem. This initiative is aimed at fostering...