Attention, DeFi enthusiasts! Synthetix, a leading decentralized finance (DeFi) protocol known for its synthetic assets, is making a significant strategic move that could reshape its future. In a decision driven by the complexities of operating across multiple layers, Synthetix is set to phase out support for several layer-2 (L2) deployments, directing its full attention towards […]
In the fast-paced world of cryptocurrency, speed is everything. And when it comes to Ethereum layer-2 scaling solutions, Arbitrum has consistently been a frontrunner. Now, they’re pushing the boundaries even further. Get ready to dive into the groundbreaking announcement from Arbitrum: Timeboost, a novel auction-based transaction ordering policy designed to inject lightning-fast speeds into your […]
Is Ethereum’s mainnet profitability under siege? Synthetix founder Kain Warwick has ignited a fiery debate within the crypto community with his outspoken criticism of Ethereum layer-2 solutions. He argues that these scaling solutions, designed to alleviate congestion and reduce fees, are inadvertently siphoning away the very lifeblood of the Ethereum mainnet – its profitability. Let’s […]
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