Sonic’s Testnet Odyssey: Over 100K Wallets and 17M Transactions in One Week

New York, NY, June 26th, 2024 — Sonic, the new gaming Layer-2 infrastructure on Solana, has reported over 100,000 unique wallets and more than 17 million transactions within the first week of its Sonic Testnet Odyssey launch. This development highlights the interest in Sonic, the first atomic SVM Layer-2 designed for gaming on the Solana…

June 26, 20240Comments

ByZoran Spirkovski

Technology

IBM is Working on a Hardware Implementation for Blockchain Technology

Following the news from Microsoft, one of their main competitors IBM has also applied for a patent called "Node characterization in a blockchain," which hosts a method for extracting information on a blockchain about a node. The patent comes from an Indian team employed by IBM, and is due to the work of: Bhavani K. Eshwar…

August 23, 20180Comments

ByZoran Spirkovski

News

Growing Transaction Volumes; Troubling for Ethereum?

A recent transaction backlog observed in Ethereum's network sparked quite a bit of controversy among its community members and cryptocurrency users all around. The currency's developers have long talked about their vision to improve the currency's scaling. Yet, recent events showcased network congestion, transaction backlogs, and the current state of Ethereum's difficulty with spikes in…

June 25, 20170Comments

ByGeorge Krash

Learn

Hashing

The process of encrypting information to through a certain cryptographic algorithm and obtaining a scrambled output is called hashing. This is an integral process that continually benefits the Bitcoin network and takes care of security issues that would otherwise render the network completely unviable for financial usage. The blockchain consists of blocks that are connected to each…

January 22, 20170Comments

ByZoran Spirkovski