A 2024 Comparison of Scalability & Efficiency

November 12, 2024 at 03:00 PM GST updated: November 12, 2024 at 01:17 PM 5 mins read Press Release The blockchain arena is intensely competitive as various projects strive to enhance scalability, speed up transactions, and boost decentralization. In our detailed analysis, we examine Bitcoin Cash (BCH) and BlockDAG (BDAG), each representing distinct blockchain technologies…

Read More

L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security

Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns…

Read More

Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance drop below early-year highs. Ethereum, Solana, and Bitcoin See Sharp Drop in…

Read More