Marc Boiron questions the need for Layer 3 networks.Polygon CEO Marc Boiron sparked a debate on social media platform X (formerly Twitter) regarding the role and necessity of layer 3 (L3) networks in the Ethereum ecosystem. Boiron argues that L3, built on top of a layer 2 (L2) network, is primarily responsible for converting value on the Ethereum mainnet.Let me say the quiet part out loud. L3 exists solely to pull value from Ethereum and the L2 on which it is built. *No L3 required for scaling*This is why Polygon Labs doesn’t work with L3.— Marc Boyron (@0xMarcB) March 31,…
Author: Crypto Flexs
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The explosive growth of Degen Chain has sparked debate about the usefulness of L3. Polygon Chief argues that L3 could compromise the security and value of Ethereum. Polygon (MATIC) CEO Marc Boiron expressed doubts about Ethereum (ETH) Layer 3 (L3) and highlighted its risks. Boiron writes his thoughts on X (formerly Twitter) decided L3 siphons value from Ethereum to the underlying L2. “Let me say the quiet part out loud. L3 exists solely to pull value from Ethereum and the L2 on which it is built. (No need for L3 for expansion). This is why Polygon Labs does not work…
Mid-March is approaching and Livespins is thinking, “What better time to have an interstellar space race?” I mean, I firmly believe that we are put on God’s green earth for a reason. And it stays there. Don’t be brave enough to wander around exploring whatever lies beyond. What I care about is not what’s on the other side, but getting there. Please tell us how people navigate bathroom situations in zero gravity. Let’s just say it’s going to take a lot of persuasion, like calming darts. But when you play Livespins’ Interstellar Space Race, you won’t need any convincing. Because…
Messaging app Telegram allows users to buy ads using Toncoin (TON) through a revenue-sharing program that rewards channel owners.According to an announcement yesterday, Telegram users will be able to purchase ads on the platform to promote their bots and channels, with budgets starting from “a handful of Toncoins.”Advertisers can choose the exact channels on which their Telegram ads appear, and channel owners with more than 1,000 subscribers will receive 50% of the revenue generated from advertisements shown on their channels.The launch of Toncoin payments for advertising on the platform follows Telegram’s announcement of an advertising revenue sharing program earlier this…
House Republicans’ push for anti-central bank digital currency legislation could hinder bipartisan support for stablecoin legislation, according to investment bank TD Cowen. The Anti-CBDC Surveillance Act, introduced last year by House Majority Leader Tom Emmer (R-Minn.), would block the Federal Reserve from issuing CBDCs directly to individuals. bill advanced Last September, he voluntarily withdrew from the House Financial Services Committee amid harsh criticism from Democrats. People close to the situation said House conservatives are discussing potentially voting on a CBDC bill along with a long-awaited stablecoin bill. Politico. Rep. Emmer did not immediately respond to a request for comment on…
Rekt Capital, a popular cryptocurrency analyst and enthusiast, research We discuss the recent performance of Bitcoin (BTC), noting the beginning of a breakout process in the weekly range that could lead to an uptrend. Bitcoin begins its breakout process Rekt Capital previously highlighted that Bitcoin was stuck within a weekly range he called Black-Black after witnessing a correction of around 18%. The candle body peak of 2021 and the bullish wicking peak of 2021 basically created this weekly range. He then argued that Bitcoin’s recovery to the $69,200 range high could indicate that the cryptocurrency is ready to break out…
join us telegram A channel to stay up to date on breaking news coverage Dogwifhat prices were down 5% to $4.4070 as of 3:56 a.m. ET, with volume up 4%. The market is heading into the Easter holidays, which explains the heavy trading volume. Nonetheless, WIF continues to hover well above $4.0000, giving the Solana-based meme coin a worthy spot on CoinMarketCap’s trending list. Top 5 Trending #Kryptos In ~ #CMC 🔥#WIF @dogwifcoin $4.41🔥#DIGI @Digiverse $0.7418🔥#FET @Fetch_ai $2.95🔥#Panda @PandaSwapSol $0.01222🔥#AXL @axelarnetwork $2.06 I will post the price again tomorrow. Which one will be the winner? (❣️Follow me for more cryptocurrency…
UniSat is warning users about a malicious Bitcoin wallet hosted on Apple’s App Store as BTC trades 5% below the asset’s all-time high. On April 1, Bitcoin (BTC) wallet provider UniSat warned the cryptocurrency community about a fake iOS app version of its decentralized digital asset storage solution. A copycat called “unisatWallet” is provided by Zunyi Yibai Network Technology. It’s unclear how long the app has existed on Apple’s application marketplace, and crypto.news was unable to confirm who is behind Zunyi Yibai. As of this writing, the app has no reviews and no users have reported any losses. ⚠️Please note:This…
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Asia • April 1, 2024, 6:48 AM EDT Posted 1 minute ago In ~ Bitkub Capital Group Holdings, Thailand’s largest cryptocurrency exchange, is preparing for an initial public offering (IPO) in 2025, Bloomberg News reported, citing CEO Jirayut Srupsrisopa.Jirayut, also known by his business name Topp, said the IPO is expected to raise awareness for the company and help raise capital. The company is currently hiring financial advisors for its IPO. report said. The Bitkub CEO said the value of the Bitkub online cryptocurrency exchange will rise further as trading volume has surpassed previous bull cycle levels in 2021. The…