Starknet Records 857 TPS, Averages 127.5 Stress Test
Starknet’s new TPS record suggests that Ethereum has scaling potential, but it also raises key questions concerning real-world scalability. On Oct. 29, Starknet, an Ethereum layer-2 (L2) scaling solution, achieved a significant milestone by reaching a peak of 857 transactions per second (TPS) during a controlled stress test. The test recorded an average of 127.5 TPS […]
Nillion Network Secures $25M for Decentralized Privacy Solutions
Nillion, a privacy service, has raised $50 million since graduating from an accelerator in January 2023. Nillion Network has secured $25 million in its latest funding round to develop further its decentralized privacy platform, which includes an optional blockchain component. This is the network’s second fundraising effort this year, following a round in February. The […]
Pyth Flips Chainlink in 30-Day Volume, Chronicle CEO Comments
Pyth Network’s pull-based model has resulted in significant transaction volumes, adding to Oracle’s competition with Chainlink. Pyth Network, a leading Oracle provider, has recently surpassed Chainlink in 30-day transaction volume despite holding a lower total value secured (TVS). This change could be due to Pyth’s unique pull-based Oracle model, which delivers data upon request rather than […]
The Impact of Network Congestion on Crypto Transactions
Crypto transactions, often lauded for their speed and decentralization, are vulnerable to network congestion, a challenge that affects processing times, fees, and the overall efficiency of blockchain networks. As blockchain usage increases, network congestion has become a crucial concern, impacting users, developers, and companies operating on these networks. In this article, we’ll discuss the underlying […]
How Businesses are Pioneering in the Metaverse
The metaverse, a digital universe blending physical reality with virtual experiences, is no longer a concept confined to science fiction. It is rapidly becoming an expansive, interactive environment where individuals and businesses are finding new ways to connect, collaborate, and create value. For businesses, the metaverse represents a frontier filled with limitless opportunities for innovation […]