According to on-chain data, daily transactions on Ethereum’s layer2 (L2) network Arbitrum touched a new all-time high of 690,000 on Feb. 17. However, its record is still behind its rival L2 network, Optimism….
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Crypto exchange Coinbase saw a huge fall in its transaction revenues in the third quarter after activity fell amid a broader market downturn, but managed to cut its losses in half compared to…
Ethereum layer-2 scaling solution Arbitrum has seen a massive surge in activity since its Nitro update in August, having just clocked around 62% as many transactions as the Ethereum base layer. In a…
During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering the network unusable for most everyday consumers….
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For years, critics of Ethereum have lamented how slow it is. The core protocol can handle only 10-15 transactions per second, and fees frequently become unsustainable during times of high user activity. Developers have…
Bitcoin mining company Riot Blockchain Inc. and on-chain analytics firm Blockware Solutions have released a report detailing the future scalability of Bitcoin transaction fees, per a release sent to Bitcoin Magazine. The report…
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