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Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line

[Oct 25 7:11 PM] One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.

Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts

[Apr 17 5:20 AM] In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of…

Leased proof-of-stake (LPoS), explained

[Sep 30, 2023 5:10 AM] This article provides a deep dive into leased proof-of-stake (LPoS), establishing how it works, its benefits, key features and its role in blockchains.

Deciphering the Differences Between Proof-of-Stake and Proof-of-Work

[Sep 17, 2023 1:30 AM] As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique…

Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security

[Jun 20, 2023 2:53 PM] Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low.

Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges

[Apr 6, 2023 8:30 AM] In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of…

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

[Mar 6, 2023 11:30 AM] In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin…

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

[Feb 20, 2023 1:00 PM] After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have…

Ethereum Staking Reaches $16.16 million ETH Ahead of Shanghai Upgrade

[Jan 23, 2023 9:10 AM] According to Glassnode on-chain data, Ethereum staking has reached an all-time high of 16.16 million ETH worth $26.41 million, which has been deposited into the beacon chain. In other words, 16.101 million ETH have been staked on the Ethereum proof…

Lido overtakes MakerDAO and now has the highest TVL in DeFi

[Jan 2, 2023 12:08 AM] A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.

‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake

[Dec 29, 2022 2:30 PM] Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of…

Lido fundamentals shine even as the wider crypto market struggles to regain traction

[Nov 21, 2022 2:45 PM] Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.