22/02/2021 - 7/03/2021The Biggest Stories…Non-fungible Tokens take-off as tweet selling becomes mainstream… Non-fungible tokens (NFTs) are nothing new to blockchain, Crypto-Kitties being an early, yet infamous example, however the concept has exploded in popularity in recent weeks with a new marketplace to buy and sell
With DeFi projects taking the blockchain world by storm, Ethereum is once again being overwhelmed by demand as its scalability limitations are painfully exposed. Average transaction costs have now shot up to $8.95, whilst executing complicated DeFi smart contracts is even more expensive. Uniswap gas fees for example, have
Whilst perhaps not one of the biggest questions currently facing Blockchain technology, the utility of sidechains has been somewhat neglected. The concept initially emerged in discussions as early as 2014 as a way to avoid the proliferation of new alt-chains. Something it obviously failed to do. Probably for the better.