Tag Archives: Ethereum

05Sep/23

Wirex chooses Polygon CDK to build its upcoming payment-focused App Chain

Wirex, a global leader in crypto payments with over 6 million users, is using the Polygon CDK (Chain Development Kit) to build its payments-focused App Chain (W-Pay). Wirex has opted to use the Polygon CDK, an open-source codebase for launching ZK-powered L2 chains for Ethereum, on demand, to build its own payments-focused L2. All chains deployed using Polygon CDK are interoperable, with automatic access to the unified liquidity of all Polygon chains, and one-click access to the entire liquidity of Ethereum. They also offer the enhanced security of zk proofs and near-instant finality. Continue reading

26Apr/23

Does Google do Web3?

Web 3 is the third generation of the internet, built on top of blockchain technology. It is a decentralized web that is owned and controlled by its users, rather than by large corporations. Web 3 is still under development, but it has the potential to revolutionize the way we interact with the internet.

Blockchain is a distributed ledger technology that allows for secure, transparent, and tamper-proof transactions. It is the underlying technology that powers cryptocurrencies like Bitcoin and Ethereum, but it can be used for a variety of other applications as well.

Web 3 and blockchain are closely related. Blockchain is the technology that makes Web 3 possible, and Web 3 is the application of blockchain technology to the internet.

Here are some of the benefits of Web 3 and blockchain: Continue reading

16Sep/22

As ether adopts energy-saving ‘merge’, will bitcoin follow?

  • No. 2 cryptocurrency to adopt energy-saving protocol
  • ‘The merge’ could cut ethereum’s power use by 99%
  • Move seen piling climate pressure on bitcoin

By Avi Asher-Schapiro

LOS ANGELES, Sept 12 (Thomson Reuters Foundation) – Ethereum, the blockchain underpinning the world’s second-largest crypto token ether, is poised for a software upgrade that will slash the amount of energy it uses – a step that could pile pressure on bitcoin to take similar climate-friendly action. Continue reading