The team at Cryptnox has a clear plan to change how individuals and businesses manage their cryptocurrencies. Focusing on convenience and security, their crypto-innovative hardware wallet solutions cater to the needs of both consumers and businesses. Cryptnox changes the way key management works, offering a seamless experience for consumers and providing a crypto-friendly solution for businesses. This Swiss-based company is establishing itself as a trusted name in the ever-evolving world of blockchain technology. Reimagining Key Management in the World of…
Layer-2
Layer-2 Ethereum competition
Comparison and competition between Layer-2 solutions on Ethereum Ethereum has reached its scalability limit. Ethereum processes approximately 500,000 transactions per day, equivalent to 30 transactions per second. For comparison, the Visa payment system can handle up to 150 million transactions per day and 65,000 transactions per second, greatly surpassing Ethereum’s capabilities. In practice, reaching the limits of the blockchain leads to network congestion (where transaction processing can take several hours) and extremely high gas fees. Currently, Ethereum is one of…
KIR HODLER
@kir.hodler
3 months ago 273 views