Project Progress

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LayerZero will launch a new blockchain "Zero," supported by Wall Street giant Citadel, Intercontinental Exchange, and DTCC (launching in September)

Cross-chain protocol LayerZero announces the launch of a new blockchain called "Zero," designed specifically for institutions, with investments from firms like Citadel Securities, and plans to reach 2 million transactions per second. This blockchain emphasizes zero-knowledge proof technology, aiming to help institutions overcome technical barriers to entering blockchain and to establish collaborations with traditional finance, but it also raises concerns about decentralization.
ZRO15,63%
ONDO-1,54%
ETH-4,26%
SOL-4,03%
動區BlockTempo·11m ago

MegaETH mainnet is online! It claims to achieve 50,000 TPS and a 10-millisecond block time, but there are three major conditions for token issuance.

Ethereum Layer2 solution MegaETH officially launches its mainnet, focusing on ultra-low latency and high throughput, with a target of processing 50,000 transactions per second. At the mainnet launch, there are already over 50 applications, and a strategy of issuing tokens only after meeting certain benchmarks is adopted. MegaETH addresses latency issues through a new system architecture and plans to issue the MEGA token within 7 days after achieving specific performance metrics.
ETH-4,26%
CryptoCity·26m ago
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