Tag: Blockchain

Bryan Pellegrino: Blockchain scalability is hindered by storage layer constraints, node computation inefficiencies drive up costs, and the shift towards centralization threatens decentralization

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LayerZero’s breakthrough storage layer could redefine blockchain scalability and efficiency for future applications. Key takeaways Blockchain scalability is heavily constrained by the storage layer. Layer Zero Labs developed a storage layer capable of 3,000,000 updates per second, showcasing significant advancements in scalability. Current blockchain inefficiencies arise from node computation replication, leading to excessive costs. Layer Zero’s new blockchain, Zero, aims to reduce computation replication to enhance competitiveness. Existing blockchain solutions struggle between being too centralized or failing to scale effectively. The trend towards increased centralization in blockchain development is seen…

LayerZero Labs unveils Zero blockchain with Citadel and ARK backing

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LayerZero Labs on Tuesday launched Zero, a new blockchain designed to support institutional-grade financial markets, with backing from Citadel Securities and ARK Invest. Citadel has made a strategic investment in ZRO, the network’s governance and staking token, and is working with LayerZero to evaluate how Zero’s architecture could support high-throughput trading and post-trade workflows. ARK Invest also participated in the raise, investing in both ZRO and LayerZero Labs’ equity. CEO Cathie Wood has joined a new advisory board, alongside ICE executive Michael Blaugrund and Caroline Butler, former head of digital…

Canton Network powers first private stablecoin payroll, accelerating institutional blockchain adoption

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The Canton Network, a public blockchain built for regulated financial markets, today completed the first real-world payroll transaction using private stablecoins on an institutional-grade ledger. The payment, executed for an unnamed global company, was facilitated through payroll platform Toku and infrastructure provider Cantor8. The network’s architecture allows financial institutions to conduct transactions on decentralized infrastructure while keeping sensitive data confidential. Major participants in Canton include Goldman Sachs, Microsoft, and Deutsche Börse. Traditional cross-border payroll relies on correspondent banking, which can tie up working capital for days and introduce currency and…

LayerZero rumored to launch its own Zero blockchain, token plunges 15%

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LayerZero seems set to roll out its Zero blockchain, according to screenshots from a now-deleted YouTube video circulated by crypto community members on X. The ZRO governance token experienced sharp swings amid speculation. According to CoinGecko data, ZRO fell more than 15% to $1.7 following rumors about the new network. The token gained 13% yesterday after the project teased an announcement on social media. The team has yet to respond to the circulating rumors. No great idea can be ignored forever. 2.10.26 pic.twitter.com/HXk9uRYEOj — LayerZero (@LayerZero_Core) February 9, 2026 The…

Are Non-Financial Use Cases in Blockchain Dead?

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Prominent crypto venture capitalists are clashing online about whether non-financial use cases in crypto, Web3, and blockchain have failed due to a lack of investor demand and product-market fit or if the best days for non-financial applications still lay ahead. The debate started on Friday when Chris Dixon, a managing partner at venture capital firm a16z crypto, published an article arguing that years of “scams, extractive behavior and regulatory attacks” were the reason that non-financial use cases in crypto have not taken off. These use cases include decentralized social media,…

Aster Launches Testnet for Layer-1 Blockchain, Teases Full Release in Q1

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The Aster decentralized crypto exchange (DEX) and perpetual futures platform announced on Thursday that its layer-1 blockchain testnet is now live for all users, with a potential rollout of the Aster layer-1 mainnet in Q1 2026. Several new features are slated for a Q1 launch, including fiat currency on-ramps, the release of the Aster code for builders and the upcoming L1 mainnet, according to the Aster roadmap. Aster will focus on infrastructure, token utility and building its ecosystem and community in 2026, according to the roadmap.  Source: Aster Aster rebranded…

Arnav Pagidyala: Ethereum and Solana will dominate the blockchain landscape by 2026, Robinhood is set to outpace Coinbase, and privacy-preserving KYC technologies will redefine data security

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Ethereum and Solana are set to dominate the blockchain landscape, challenging new competitors by 2026. Key takeaways Ethereum and Solana are expected to solidify their positions as the leading blockchain platforms by 2026, targeting different markets. The dominance of Ethereum and Solana will make it challenging for new smart contract chains to gain traction. By 2025, new general-purpose blockchain platforms will struggle to compete with Ethereum and Solana due to their established network effects. Solana is becoming increasingly popular among developers and consumers, indicating a shift in the blockchain space.…

WisdomTree Expands Tokenized Funds To Solana Blockchain

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American asset management company WisdomTree said on Wednesday that it is expanding its tokenized funds onto the Solana network as part of its “multi-chain deployment strategy.” The exchange-traded product issuer said the strategic expansion enables both institutional and retail users to “mint, trade, and hold WisdomTree’s full suite of tokenized funds on Solana, supporting the growth of on-chain offerings.” All of the company’s tokenized funds — including money market, equities, fixed income, alternatives, and asset allocation — can now be traded on Solana. WisdomTree already has a range of tokenized…

Ripple Partners With Saudi Bank Unit on Blockchain Infrastructure

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Ripple has partnered with the innovation arm of Riyad Bank, a major Saudi financial institution, to explore the use of blockchain technology within the country’s financial system, signaling growing interest in blockchain-based infrastructure at the institutional level. The partnership was announced Monday by Reece Merrick, Ripple’s senior executive officer and managing director for the Middle East and Africa. Merrick said Ripple is working with Jeel, Riyad Bank’s innovation unit, as part of an agreement to study potential applications of blockchain technology. Source: Reece Merrick The arrangement will take the form…

Coinbase Forms Advisory Board to Study Quantum Computing and Blockchain

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Coinbase has formed an independent advisory board to assess how advances in quantum computing could affect the cryptography used by major blockchain networks, including Bitcoin and Ethereum. In a Wednesday blog post, Coinbase introduced the advisory board formed by experts in quantum computing, cryptography, distributed systems and blockchain security from academia and industry, including senior researchers from major universities, the Ethereum ecosystem and Coinbase. The board will publish public papers assessing the state of quantum computing and its implications for blockchain systems, issue guidance for developers, organizations and users and…