Live Breaking News & Updates on Traditional Blockchain

Stay updated with breaking news from Traditional blockchain. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Promising Future of Layer 2 Protocols in Enhancing Blockchain Efficiency

Promising Future of Layer 2 Protocols in Enhancing Blockchain Efficiency
eyeonannapolis.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eyeonannapolis.net Daily Mail and Mail on Sunday newspapers.

Energy-consumption-of-pow-networks , Adoption-of-lightning-network , Lightning-network-mechanism , Scaling-solutions , Lightning-network , Scalability-issues-in-traditional-blockchain-networks , Research-in-layer , Optimistic-rollup-technology , Traditional-blockchain , Transaction-costs , Slow-confirmation

A New Round of Crypto Evolution


Place/Date: - April 6th, 2021 at 12:08 pm UTC · 4 min read
Source: Central Bank of China
More and more companies that belong to the traditional sector of the economy began to use cryptocurrency. They are also actively involved in the development of digital coins for internal mutual settlements. One of the pioneers of this technological race is the bank JPMorgan, which launched its own blockchain network for instant payments on February 15, 2919. Already 2 weeks after this happened, the Swiss Dukascopy Bank began its activities and issued digital tokens of the ERC-20 standard, and on the first day of spring a stablecoin pegged to the Japanese yen was issued by one of the financial giants of the Land of the Rising Sun Mizuho Financial Group. In the wake of this popularity, the social networks Vkontakte and Facebook decided to take part in this, and after a while the Central Bank of China announced the creation of its own cryptocurrency. ....

China , Mizuho , Hokkaido , Japan , United-states , Chinese , Japanese , Vkontakte , European-union , Central-bank , Facebook