Cryptocurrencies are becoming crucial in the modern world, but scalability issues persist. Therefore, it’s worth focusing more on the Ethereum Layer-2 Linea solution, an innovative approach to increasing the bandwidth of the Ethereum network. How Linea Works Linea is based on the concept of sidechains, parallel chains that offer faster…
Shibarium is a Layer-2 blockchain network using a unique consensus algorithm, Proof-of-Participation (PoP). Shibarium effectively verifies transactions and adds new blocks to the blockchain, ensuring robust security and performance. Advantages and Disadvantages of Shibarium Advantages: Reducing transaction costs: As a Layer-2 solution on Ethereum, Shibarium significantly lowers transaction costs compared…
The Skale Network is an Ethereum sidechain operating on Layer-2, providing a unique solution for scaling the blockchain. Here are some key features and advantages of the Skale Network: High performance: Skale Network can process up to 2,000 transactions per second, significantly increasing network bandwidth and enhancing the user experience.…
The Metis cryptocurrency, the native coin of the Metis project, is currently one of the most discussed and promising coins among Layer-2 projects. Metis is a unique platform for developing decentralized applications (dApps) that combines the concepts of blockchain and graph computing. This enables the creation highly scalable and efficient…
The MANA cryptocurrency is essential to the Decentraland virtual platform, serving as a unit of exchange within this metaverse. MANA allows users to buy, sell, and rent virtual real estate, items, and land plots. On exchanges, the MANA token is traded like any other cryptocurrency, with its price determined by…
Layer-2 technologies have become key players in blockchain technology, helping to scale networks and reduce transaction costs. One of the promising projects in this area is Aevo. It is necessary to understand Aevo’s strengths and weaknesses and its impact on the token industry and the Ethereum network. Aevo significantly expands…
StarkNet was developed to enhance the scalability, security, and efficiency of cryptocurrencies. This cryptocurrency utilizes algorithms that process transactions without calculating each one on the blockchain. This approach significantly reduces network load and speeds up transaction processing. Zero-Knowledge proofs, which underpin StarkNet, work on the principle that the proving party…
The Immutable Layer-2 solution is a scaling protocol for NFT on Ethereum and Web3 games, significantly improving performance and reducing blockchain network fees. The token provided by Immutable is called IMX and has strong potential to surpass its all-time high (ATH). Like other Layer-2 tokens, IMX is highly dependent on…
In the world of cryptocurrencies, particularly in decentralized finance (DeFi), every step is essential to ensure higher network bandwidth and ease of use. In this context, it is worth considering the Mantle token (MNT), which is one of the advanced Layer-2 solutions on the Ethereum platform. The Main Advantages of…
Optimism (OPUSD) is a Layer-2 scaling solution for Ethereum that aims to increase transaction speed and reduce cost by using the so-called Optimistic Rollup technology. This allows secondary chains to process transactions outside the main Ethereum blockchain and then send data back to ensure security and finality. The Optimism project…