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The Merge – the crypto world’s biggest software upgrade to date – has been completed successfully. This milestone injects a much-needed dose of optimism into the industry after months of market volatility and disappointing inflation rates.
This landmark event has festival-like feel, and institutional investors are also finding love in Ethereum as they expect higher returns after The Merge.
While troubled lender Hodlnaut is freaking out because of the potential liquidation of its assets, one of the newest kids in crypto town has set the stage to capitalize on Ethereum’s latest update.
As part of this edition’s Big Story, we’re featuring AltLayer, a scalability solution built by the co-founder of Zilliqa, which was most famous for its use of sharding.
— Deepti
THE BIG STORY
A look at Zilliqa co-founder’s ambitious blockchain project, AltLayer
Image credit: Timmy Loen
Blockchain’s scalability problem has been well-documented over the past few years.
It’s a bottleneck in blockchain adoption as firms often have to cope with sudden “bursts” of traffic, which then results in congestion or service outages.
Yaoqi Jia, the founder of Singapore-based AltLayer, has seen it all during his previous stints at Zilliqa and Parity Technologies. After a less-than-ideal departure from Zilliqa, Jia’s scalability solution stands out for several reasons.
AltLayer helps blockchain applications to obtain extra processing capacity during periods of high traffic. More on this ambitious project in our subscriber-only analysis!
⭐ TO THE STARS
A look at what’s pushing Web3 forward
🌙 TO THE MOON
🌏 BACK TO EARTH
STILL A PONZI SCHEME
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