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Posts published in “Scaling”

Xthinner Protocol Tested on BCH Mainnet Shows 99% Block Compression

On April 8, BCH developer Jonathan Toomim revealed how far he’s come with the Xthinner block compression protocol. Toomim tested the platform between two Bitcoin ABC full nodes on the BCH main network and a 363 kB block was compressed down to 1,660 bytes, or…

Two BCH Devs Leave Bitcoin Unlimited as Network Upgrade Approaches

On March 15, the Bitcoin Cash (BCH) network is set to upgrade, with plans to add two specific elements to the chain: the Segwit recovery exception and enabling Schnorr signatures. With just six weeks left, programmers have been discussing the fork regularly during BCH developer…

Understanding Plasma, Part 2: Make Plasma Fungible Again

Previously on “Understanding Plasma” Read Part 1 here [related id=”1″]In Part 1, we kicked off the Plasma research journey, the quest for a high-throughput payment system that retains the security of the Ethereum chain with only occasional, constant-size on-chain transactions. We left off at the…

Connext Network releases Dai Card, a browser-based wallet for low-cost, instant payments

Yesterday, Connext, the payment channels project, launched its Dai Card product on the Ethereum mainnet. The Dai Card is a non-custodial, browser-based wallet that leverages Connext’s payment channel hub infrastructure. Like Bitcoin’s Lightning Network, Dai Card users can now make instant, low-cost, trust-minimized payments in…

EOS Scaling Issues and Their Impact on the Blockchain

The EOS blockchain appears to be running into considerable scalability issues that are hindering its ability to securely host decentralised applications on the network. The problem is that the blockchain has grown so dramatically that only a handful of block producers can afford to store…

Sidechains: A technical and historical overview of what works where we’re going

A Historical Overview of Sidechains Sidechain experiments have been around for years, dating back to 2012 and 2013-era experiments proposed on BitcoinTalk to enable “BTC-backed alternative cryptocurrencies” or ideas like Fidelity-bonded ledgers proposed by Peter Todd on the bitcoin-development mailing list. The post Sidechains: A…

RSK Sidechain Is Now Secured by 45% of BTC’s Hashrate

On Feb. 14, the cryptocurrency infrastructure organization led by RSK Labs announced the one-year anniversary of the RSK network and highlighted several notable achievements. Over the last 12 months, the project’s merge mining has managed to gather 45 percent of the Bitcoin Core (BTC) network…

Ethereum sidechain solution SKALE Labs releases DevNet

SKALE Labs Inc today announced the launch of SKALE DevNet, a production quality sidechain test network that will act as a secure, developer friendly testing environment leading up to the SKALE Mainnet launch in Q3 2019. Following the launch, developers at this week’s ETHDenver Hackathon…

Bitcoin Lightning Network Hits 6,000 Nodes After Week Of Twitter Spotlight

Bitcoin’s mainnet Lightning Network implementation has hit new records across the board as its rapid growth continues in 2019. 6,000 Nodes, $2.4 Million Capacity Data from monitoring resource 1ML.com confirms that the number of active nodes, channels and overall transaction capacity of Lightning are all…

Understanding Plasma, Part 1: The ‘Basics’

This piece is the first entry to a multi-part series explaining Plasma, by Daniel Goldman. Introduction In case you haven’t heard, scaling cryptocurrency is hard. In August of 2017, Vitalik Buterin and Joseph Poon released the Plasma whitepaper, unleashing into the world a new, promising…