SSV Labs’ Post

Given BSV’s unbounded scaling capacity, the notion of running any (or all) other blockchains on the BSV network has popped up. https://lnkd.in/gRN48H3Z

Given BSV’s unbounded scaling capacity, the notion of running any (or all) other blockchains on the BSV network has popped up. https://lnkd.in/gT2SwGEw

#EthereumNews #EthereumScalingEcosystem #TPS #XaiLayer3 Combined TPS of Ethereum Scaling Ecosystem Hits All-time High: The combined transactions per second (TPS) of the Ethereum scaling ecosystem have reached a new all-time high due to a new Ethereum layer 3 solution. On June 16, the Ethereum scaling networks, which encompassed layer-2 and layer-3 blockchains, recorded a combined 246.18 TPS, according to L2beat data. This figure is equivalent to an estimated 21.2 […] The post Combined TPS of Ethereum Scaling Ecosystem Hits All-time High appeared first on Coinscreed.

One of Web3’s biggest challenges is solving the interoperability issue between blockchains. EVM compatibility is one of the solutions introduced to address the issue by enabling a range of blockchains to interact with the Ethereum network. In this guide, we’ll take a look at what the Ethereum Virtual Machine (EVM) is, how EVM compatibility has affected the Ethereum network, and its benefits and drawbacks. https://lnkd.in/e3FxT3uD

With capitals leaving the #Lido ecosystem what we are currently seeing is a shift towards a new staking paradigm with #EigenLayer that is reshaping the #Staking Industry. Key Takeaways of the #EigenLayer #Whitepaper: 1. EigenLayer creates a free market for decentralized trust, delivered from Ethereum stakers to modules that desire stake and validation services. 2. By restaking via EigenLayer, Ethereum stakers can opt into providing security and validation services to modules of their choice, either by operating nodes directly, or via delegation to other EigenLayer operators. 3. A variety of lightweight and hyperscale modules can be built on EigenLayer, which can be designed for widespread participation from solo stakers. 4. Modules may also take advantage of significant heterogeneity between stakers, which may differ on axes of computational capacity, risk/reward preferences, and identity. 5. EigenLayer seeks to enable more agile, decentralized, and permissionless innovation on blockchains. Here the full paper: https://lnkd.in/ebxiH6iU

What is EigenLayer? EigenLayer is a rather innovative protocol built on Ethereum that's shaking up the world of staking. With its concept of "restaking," EigenLayer is allowing users to leverage their staked ETH in exciting new ways, while also fortifying the security of the entire Ethereum ecosystem. The protocol launched its mainnet on April 9, 2024, and the convenience level for users just shot up.  Intrigued? Let's dive in.

Blockchains are struggling to support applications with high levels of adoption. But zkEVM could be the answer to these scalability concerns. 🔒

Ethereum Set for Boost as Dencun Upgrade Gets a Date The anticipated Dencun update will greatly improve the speed and affordability of transactions on Ethereum’s layer-2 networks. https://lnkd.in/efZPXyQj .

🗓️ Mark your calendars! The Ethereum mainnet upgrade named Dencun is happening on March 13. Ethereum will reach a pivotal milestone in its scalability journey with this upgrade. 🔍 The Dencun upgrade introduces Proto-Danksharding via EIP-4844, promising significant reductions in transaction costs and expanding Ethereum's capabilities beyond current limits. The innovative use of "blobs" for short-term data storage lays the groundwork for more efficient Layer 2 solutions. 🛠️ Kiln's active involvement in testnet phases like Sepolia and Holesky underscores our commitment to the development and testing of the Dencun upgrade. 👉 Learn more about the Dencun upgrade on our latest blog post: https://lnkd.in/emzGQ7_f

New approach is aimed at increasing flexibility for Layer 2 blockchains that roll up information to Ethereum.