Features Crypto News by Thebittimes.Com

The newly rebranded layer-1 blockchain Sonic (S) is being called the “golden standard” of layer-2s (L2s) by Andre Cronje, the project’s co-founder. Cronje claims on the social media platform X that Sonic, formerly known as Fantom, is the “only actual decentralized stage 3 L2.” “No fee extraction, all submits 100% to ETH, no ‘centralized value extraction’. Decentralized sequencing. Decentralized bridges. While the rest of the L2s continue to fake pretend to ‘decentralize’ (why would they when they get millions of fees per year?), we already did it. Scaled transactions per second to 16,000+ on the L1. Decreased storage by 98% even on archival nodes. Scaled L1 and jumped to the ‘golden standard’ of L2. Not even mentioning FeeM, FeeSub, and Dynamic Fees.” A South Korean computer scientist launched Fantom (FTM) in 2018. The project aimed to serve as a tool to aggregate smart contracts into ...

When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping themselves unknown to the general public. The following is a look at the creator of the privacy-centric Cryptonote protocol, known as Nicolas van Saberhagen. The pseudonym was leveraged by the inventor of the untraceable transaction technology that sparked the features present in the blockchain networks Bytecoin, Monero, and two dozen others. Crypto’s Anonymous Personalities and the Mysterious Nicolas van Saberhagen During the last 13 years, a number of individuals within the cryptocurrency ecosystem have remained anonymous. The use of anonymity when creating a crypto project continues to this very day, an...