zkLend is an L2 money-market protocol built on StarkNet, combining the best of zk-rollups and Ethereum to bring more users to the DeFi market. To differentiate itself from the growing competition on the market, zkLend offers an innovative, dual solution to the problems faced in DeFi—a permissioned and compliance-focused solution for institutional clients and a…
It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. The fact is that using Bitcoin to make a payment is the most visible method to do so. Unlike a traditional bank, where your data is private, every Bitcoin transaction…
The Polygon ecosystem has witnessed historical growth in the past several months and now supports over 19,000 dApps—an increase of over 170% from January this year. According to data from Alchemy, this growth is also evident in the number of monthly active teams building on Polygon, which grew from 3,000 to 8,000 in the last…
After weeks of speculations, leading Ethereum Layer-2 solution Optimism has announced that it will be launching and airdropping a governance token — OP — designed to give its users more power and control over its ecosystem. Optimism’s unique bicameral governance model The governance system is a unique bicameral model in which two different entities will work…
Cardano founder Charles Hoskinson tweeted a link to the Hydra website on April 20. The website contains node installation instructions, a quick start guide, and demo content. Check out the Hydra Website: https://t.co/FXHwEtuoAK #HailHydra — Charles Hoskinson (@IOHK_Charles) April 20, 2022 Dubbed by Input Output (IO) as the “ultimate layer-2 scalability solution,” Hydra will improve…
Kraken, one of the largest centralized crypto exchanges in the world, launched its Bitcoin Lightning service on April 1st this year, but the success of the service seems to be anything but a joke. In less than three weeks, usage of the Lightning Network on Kraken has sent the exchange into the position of being…
We recently announced Bifrost’s Collator Mainnet launch, bringing cross-chain staking to the Dotsama ecosystem. However, there is much more to the announcement than it may at first seem. Additionally, some terminologies can be a little hard to understand for the average crypto investor. Staking liquidity through cross-chain derivatives? Multi-chain staking ratios? A three-way positive cycle…
Blockchain oracles enable accessing, processing, and transmitting information between the outside world of off-chain data and smart contracts. While they already represent a crucial piece of the infrastructure that makes DeFi and decentralized applications possible, oracles are likely to become more prominent in the future. How are oracle solutions addressing scalability issues and what major…
Bitcoin’s “scaling solution” for fast payments, the Lightning Network, is becoming increasingly popular around the globe. According to a fresh research report (pdf) by Arcane Research, Lightning payments are growing fast, even more so than what can be measured by looking at “imperfect” public metrics. To read the rest of this article, sign in or…
Major cryptocurrency payment service provider BitPay has added support for the Lightning Network (LN), Bitcoin’s (BTC) Layer-2 scalability solution, granting users access to a faster and cheaper method of transacting their BTC. In an announcement shared with CryptoSlate today, BitPay co-founder Tony Gallippi noted: “BitPay’s integration with the Lightning Network offers customers more choice and…