Press Releases TheBitTimes.com

According to Ethereum Foundation, it takes about 15 mins for an Ethereum block to finalize. “Finality” refers to the guarantee that a block cannot be modified or removed from the block chain without burning at least 33% of the total staked ETH. advertisement Also Read: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity Ethereum Clients Announce Fixes For Finality Issues Prysm Ethereum Client announces the v4.0.3-hotfix on May 13. The release contains the necessary optimization to prevent the Beacon Chain node from high resource usage during turbulent times. The client has highly recommended Ethereum node operators to upgrade their node if it’s under heavy resource usage. According to Prysm, an increase in validator sizes and untimely old attestations stresses the nodes’ CPUs and bloats memory usage. The release will make a node ignore attestation for an old target and prevents issues in the future. ...

Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum community has happily welcomed the newly launched layer-2 network from Coinbase, Base. This layer-2 network aims to host decentralized applications onto its platform and is currently in a testnet phase. This move has been described as a “massive confidence vote” and “watershed moment” for Ethereum, as the community takes a bullish view of the newly announced blockchain network. Coinbase Launches Base- Layer 2 Protocol on Ethereum Mainnet Base is an all-new layer 2 solution from Coinbase that is secured by Ethereum and operates on the network. Layer 2 solutions essentially help Ethereum, or any other block chain for that matter, to process transactions off the Ethereum mainnet while maintaining the same throughput, security and decentralization This helps increase the efficiency of the network and makes it more scalable for applications hosted on the block chain . Base,...

Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom. Decentralized Exchange (DEX) aggregator OpenOcean has announced the rollout of its new interoperable "all-in-one" cross-chain swap platform, which allows users to swap and bridge assets across Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom.  We’ve just launched our 1-click Cross-chain swap+aggregator! Get the best cross-chain swap rates, now live on @ethereum, @BNBCHAIN, @0xPolygon, @arbitrum, @avalancheavax & @FantomFDN. Dive in nowhttps://t.co/UNP6FBATu0 More info: https://t.co/X9JFUfVMNm — OpenOcean - A leading Web3 DEX Aggregator (@OpenOceanGlobal) December 20, 2022 According to OpenOcean, it has integrated Celer Bridge and the Multichain bridge within its platform to provide users with competitive rates across the supported chains. The DEX aggregator, which supports over 1,100 coins across multiple chains, seeks...