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Ethereum

DXdao Announces “Rails” a Layer 2 Solution For Ethereum

DXdao and Loopring collaboration Layer 2 solution "Rails" claims to be Ethereum's upcoming gasless infrastructure. Rails is a payment solution that enables the effortless transfer of ETH and ERC20 tokens between users on the protocol. It leverages Loopring's zkRollup and Relayer API to facilitate non-custodial transfers via MetaMask. DXdao is responsible for ensuring the efficient operations…

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Ethereum Faces Significant Scaling Challenges, Buterin Expresses Long-Term Concerns

Like most altcoins, Ethereum has seen its market recovery stagnate over the past few weeks. Nevertheless, development of the platform is aggressively moving ahead. A major upgrade, named Istanbul, is expected to take place in September and network usage continues to grow. This progress has once again highlighted the scaling challenges facing the platform, which…

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