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Marathon Digital has unveiled two sidechains on Anduro, the new multi-chain layer-2 network on Bitcoin. Bitcoin Dogs ($0DOG), the first-ever BRC-20 ICO, has surpassed $5.4 million amid massive industry attention. $0DOG presale ends on March 15, 2024 Bitcoin’s appeal as a blockchain network continues to grow with the launch of various applications that tap into its security, decentralization and reliability. Marathon Digital, one of the leading crypto mining companies in the world, is advancing this development via Anduro, a new multi-chain layer-2 network on Bitcoin. Meanwhile, Bitcoin Dogs, a new crypto project for GameFi and NFTs, has attracted remarkable interest after it launched the first-ever ICO on the Bitcoin blockchain. Marathon Digital unveils first sidechains of new Bitcoin layer-2 network According to Marathon Digital, while Bitcoin’s strengths as a network would be appealing to any developer, its current functionality may not. T...

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Destroying the Bitcoin network, which is a decentralized and distributed system, would be an arduous task. One day, however, state actors might set their targets on Bitcoin (BTC) in an effort to destroy the best money in the history of the world. Here’s how they might go about eliminating Satoshi Nakamoto’s invention. You might also like: Cryptocurrency awareness vs knowledge: To educate to empower | Opinion Regulatory restrictions One way that governments could limit the growth of the Bitcoin network is through regulatory restrictions. Governments have the power to regulate financial institutions and transactions, and they could use this power to restrict or even ban the use of Bitcoin. For example, a government could require all Bitcoin transactions to be reported and taxed or prohibit banks from processing them altog...

OKX is collaborating with Polygon Labs to launch a new ZK-powered layer 2 network. X1 will become OKX’s native network and utilise OKB for gas fees. OKX also joins other platforms as a core contributor of the Polygon CDK. OKX and Polygon Labs are collaborating on a new zero knowledge-powered layer 2 network , whose testnet was announced today. The Ethereum-based ZK network is built using the Polygon Chain Development Kit (CDK) and utilise the native OKX token OKB for gas fees. X1 becomes OKX’s new native network, the firm said in an announcement. 📣 Hot Off The Press 📣 We're thrilled to introduce #X1, our new Ethereum L2 network built on Polygon 's CDK. Our landmark collab. with @0xPolygonLabs empowers next gen. devs. with increased security, scalability & low transaction costs to BUIDL the future of Web3. 🧵👇 pic.twitter.com/Wkz11vu2be — OKX (@okx) November 14, 2023 OKX becomes core contri...

The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade , according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade , but this figure increased to over 550,000 by the middle of June. Since Optimism's Bedrock upgrade on June 6 Its daily transactions have increased by about 67% to ~500k And gas fees are reduced by about 50% to ~$50k pic.twitter.com/9ACIMMFHbl — Nansen (@nansen_ai) June 26, 2023 Optimism, a layer 2 of Ethereum, implemented its Bedrock hard fork on June 6. It was intended to reduce deposit times and fees, as well as increase the network’s security. According to the June 26 Nansen report, daily fees have fallen from $80,000 worth of Ether (ETH) directly before the upg...

The technology product manager of Lightning Labs, one of the development companies behind the Lightning Network, has pointed out a memory leak bug in the recent Lightning Network Daemon (LND) version 0.16.3, and is now urging operators not to upgrade or roll back to the previous version for those who have already upgrade d their software. Don't upgrade to LND 0.16.3, the memory leak bug is bad. If you did upgrade you can safely downgrade back to 0.16.2. — Nitesh ₿️ (@nitesh_btc) June 16, 2023 The memory leak bug in LND version 0.16.3 The memory leak flaw discovered in LND 0.16.3 could affect operators of nodes on the Bitcoin Lightning Network, a layer-2 scaling solution for the world’s most valuable blockchain, deployed by the Lightning Labs. You might also like: Binance CEO hints at Bitcoin Lightning Network integration  This bug causes memory leaks, which, over time, might result in an increased demand for available memory. This can lead to a gradua...