Layer 2 solutions are protocols or technologies that are developed on an already existing blockchain network with the aim of enhancing its capabilities and efficiency. These solutions are designed to ...

Layer 2 solutions offer a number of advantages to both everyday users and blockchain developers. For users, it offers lower ...

As Bitcoin continues to grow in popularity, its original design, which supports only seven transactions per second, often struggles with scalability. This leads to higher fees and slower transaction ...

The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

Scaling is the one primary challenge, particularly with the growing mass adoption of blockchain technology. Ranked right above scaling are others such as the ones concerning transaction speed and ...

Blockchain technology turned upside down the way people thought about money, data, and trust. Simultaneously, this technology faces a number of challenges brought in by growth: speed, scalability, and ...

Ethereum has been the center of focus in the cryptosphere for some time now, and for good reasons. As the popularity of the second-largest blockchain network continues to grow, so too does the urgency ...

The decentralized finance (DeFi) sector has grown substantially over the last couple of years. Total Value Locked (TVL) in the ecosystem peaked at over $250 billion by the end of 2021, catalyzed by an ...

At the end of 2019, research firm Forrester and Big Four firm Ernst & Young, or EY, published a report surveying the adoption of public blockchains by enterprises. Findings revealed that 75% of ...