• SKALE network launches
    Technology

    ‘Elastic’ Ethereum-compatible SKALE network launches its mainnet

    DApps on SKALE can run at a capacity of 2,000 transactions per second, complete with “sub-second” block times.

    The open-source, permissionless, Web 3.0 platform was designed to give developers the ability to build highly configurable, fully decentralized blockchains that are instantly compatible with Ethereum and capable of running at a capacity of 2,000 transactions per second—complete with “sub-second” block times.

  • Bison Trails supports ETH 2.0
    Ethereum

    Bison Trails rolls out support for Ethereum 2.0

    Platform co-founder Aaron Henshaw said he believes the first iteration of ETH 2.0 will launch this year, as Vitalik Buterin’s blockchain moves from proof-of-work to proof-of-stake

    ETH 2.0 will see the network transition from an energy-draining, expensive proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS). This will effectively make miners obsolete, as blocks will instead be verified by validators who stake 32 ETH in order to run a node.

  • Reddit blockchain developers help
    Commentary,  Ethereum

    Reddit asks blockchain developers for help—but is it too big an ask?

    The social network wants to hear from scaling projects for its crypto Community Points project that are cheap, fast, and able to handle 400 million-plus users. Oh, and there’s no prize for the successful developers

    Reddit began experimenting with a crypto-based points system to much fanfare in April. But now, as the social network has realized that there’s a major stumbling block if it wants to roll the feature out to all 430 million of its monthly users: Ethereum has scalability issues.

  • eMusic launches digital token
    Alt coins

    eMusic led the way with MP3 downloads. Can it do the same on blockchain?

    The 22-year-old music company has launched digital tokens so artists are fairly compensated when songs are bought… but there are a few drawbacks

    eMusic was one of the first companies to bring song downloads to the internet—now, it’s attempting to be a trendsetter once again by embracing blockchain.