$97,203.00
2.97%$1,828.83
3.12%$2.14
1.21%$604.47
1.15%$147.08
2.49%$1.00
0.01%$0.172479
3.13%$0.673465
2.86%$0.24736
1.09%$1,826.56
3.24%$97,163.00
2.95%$3.36
2.98%$13.77
2.60%$19.57
-0.30%$0.260789
1.83%$8.68
-0.37%$2,193.62
3.42%$1.00
0.03%$0.00001282
2.15%$3.02
0.57%$0.176179
2.29%$366.25
2.98%$21.37
4.26%$90.51
9.81%$3.96
1.18%$285.22
-1.29%$1,829.10
2.90%$1.00
0.07%$4.31
0.24%$1.00
0.02%$97,193.00
2.86%$28.78
1.53%$1,951.04
3.72%$0.583149
0.31%$0.00000818
4.82%$363.70
-0.11%$51.02
0.78%$4.77
-0.11%$4.84
-1.46%$1.00
0.00%$1.05
0.03%$2.31
0.57%$0.868511
2.53%$0.09198
5.57%$21.17
0.43%$172.15
3.42%$4.61
1.64%$16.18
2.28%$0.091952
1.94%$0.71012
0.67%$29.78
0.11%$10.93
2.14%$4.22
-1.62%$0.02516951
2.84%$1.001
0.08%$1.17
-0.00%$96,992.00
2.98%$0.220052
0.61%$4.15
2.12%$4.32
0.61%$0.68328
4.68%$0.201432
3.33%$2.59
0.12%$0.511783
2.37%$0.268465
1.40%$0.998054
-0.43%$4.11
1.53%$2.40
1.64%$0.306472
0.71%$0.885917
15.23%$10.75
0.04%$96,801.00
2.69%$90.79
5.76%$0.00001679
2.08%$0.93013
4.82%$1.25
0.91%$0.01901966
4.75%$1,473.44
-0.05%$0.422499
0.93%$154.42
2.87%$0.775314
13.37%$0.072727
0.35%$1,830.05
3.07%$1,904.42
3.48%$1.00
0.09%$3.80
7.12%$0.199368
2.20%$1.003
-9.15%$0.600619
-3.55%$0.535463
1.06%$9.62
5.25%$0.675195
3.03%$1.38
-8.63%$1.00
0.02%$0.091782
3.33%$0.999747
0.01%$2,074.37
3.46%$14.87
-0.81%$3,383.07
-0.47%$3,387.16
-0.48%$0.999953
0.04%$0.205904
7.20%$604.68
1.13%$97,027.00
2.76%$189.77
2.50%$0.01569002
4.78%$97,393.00
3.41%$162.62
2.34%$95,739.00
2.63%$0.00007602
0.62%$36.40
2.72%$0.718234
4.42%$0.709504
0.80%$0.01118397
-0.28%$2.42
5.18%$0.778985
2.19%$3.81
4.26%$0.554969
-1.26%$1,948.17
3.19%$0.0000007
1.34%$0.01518627
2.16%$0.272929
1.55%$2.03
2.15%$0.997998
-0.02%$0.110434
1.24%$0.998446
-0.02%$37.92
5.55%$1.11
0.51%$17.81
4.17%$0.371473
0.56%$1,913.74
2.90%$0.01703438
6.54%$0.539294
2.77%$0.562754
3.39%$0.297312
2.78%$0.054782
9.56%$1.60
1.50%$3.19
0.51%$0.998227
-0.07%$0.00538044
1.79%$96,857.00
1.31%$1,912.54
3.18%$0.608372
5.48%$97,216.00
2.82%$0.13449
0.15%$0.999968
0.10%$0.066476
-3.85%$110.95
0.01%$0.00833896
0.97%$0.433594
-1.47%$0.999993
0.01%$0.500454
1.27%$96,954.00
3.01%$0.3902
0.69%$6.81
-0.10%$0.172587
2.99%$95,490.00
3.97%$1.25
4.25%$0.560754
-0.49%$15.34
0.99%$1,828.49
2.87%$0.00002114
2.54%$0.16729
-5.18%$1.50
1.77%$0.419983
9.75%$0.00000042
-0.00%$0.161941
-9.16%$1.086
0.02%$0.999476
-0.11%$0.130434
2.25%$0.151422
-6.36%$5.61
5.96%$1,947.46
2.96%$0.488606
1.37%$1,828.43
2.97%$1.58
2.74%$0.00557165
1.71%$2.34
2.72%$0.00718748
-0.36%$1,829.02
2.90%$1,814.49
2.68%$0.03890201
0.78%$0.387097
-2.82%$0.072487
-1.59%$1.74
-12.06%$0.219862
0.53%$3.00
9.26%$0.078447
1.49%$32.41
1.47%$1.001
0.22%$21.45
-0.39%$0.37192
7.75%$38.86
3.88%$1.31
-0.14%$0.171393
3.76%$0.0178081
2.17%$0.03419613
-0.43%$0.00401839
0.10%$1,872.44
3.94%$1.00
-0.03%$0.771325
1.90%$0.0000589
0.99%$1.00
0.04%$0.999546
-0.05%$0.492189
2.94%$1.00
0.07%$1.27
46.85%$97,163.00
2.88%$21.38
4.98%$0.673661
3.03%$0.660164
3.58%$0.00000146
0.48%$0.295844
3.49%$1,817.87
2.94%$97,403.00
3.27%$0.26137
0.40%$3,391.41
-0.07%$109.92
2.50%$0.00283702
10.31%$0.999926
-0.00%$0.0000007
15.90%$0.221674
1.06%$2.43
0.33%$19.56
-0.89%$0.03157947
7.60%$1.098
-0.07%$0.127418
-3.40%$0.452041
-4.71%$0.190142
2.05%$21.52
1.59%$1,938.31
3.39%$2.78
-0.15%$0.522646
1.76%$3.12
13.76%$0.253689
0.78%$1,952.33
2.83%$1.53
1.84%$2,007.44
3.17%$0.99944
-0.02%$0.03512283
0.63%$1.00
0.07%$14.71
2.69%$96,312.00
2.07%$1,993.86
2.98%$0.00267394
3.61%$0.00316211
6.48%$1,828.47
2.95%$0.998108
-2.01%Reading
Every few months, a new project is christened an "Ethereum killer." While the massive network still stands tall, EthereumEthereum has a glaring weakness: It's taking its time getting the network to scale.
The NEAR Protocol is the newest Ethereum killer and it's taking aim at Ethereum's soft spot. A proof-of-stakeproof-of-stake network that uses shardingsharding to tackle blockchain's scalability issues, NEAR launched its network today and subsequently announced it had raised $21.6 million in a funding round that featured Andreessen Horowitz's a16z crypto fund.
On April 30, a16z said it had created a $515 million fund for blockchain and cryptocrypto networks. It was particularly interested in DeFi, payment systems, and alternative monetization models for the Internet. It wasted little time in targeting NEAR, which also received investments from Blockchange, Distributed Global, Electric Capital, Libertus, and Pantera Capital.
NEAR, in a nutshell, is a platform for building a variety of decentralized applications—not just digital currency. According to a press release, "NEAR provides the scale and programmability to allow any data—whether digital currency, karma, gaming items or stock certificates—to become a fully portable, programmable and tradable asset."
The scalability is key. NEAR explicitly aims to avoid network congestion via sharding, which has been part of the plan for Ethereum 2.0 since at least 2016 but has yet to be implemented. The proof-of-work network’s transition to proof of stake is taking a while.
NEAR appears to have beaten Ethereum to the punch, boasting on its website that "the NEAR team has previously built one of the only sharded databases in production at scale today (which is used by Uber, Goldman Sachs, and Comcast)."
But not everyone views NEAR as directly competitive with Ethereum. Spencer Noon, head of crypto investments at DTC Capital, tweeted earlier today that he is an investor in both ETH and NEAR and views the networks as complementary pieces in the crypto ecosystem.
Congratulations to the @NEARProtocol team for their newest round of fundraising! As a $NEAR and $ETH investor though, can't say I agree with @TechCrunch's characterization that launch is a "black eye" for Ethereum. I believe both networks will complement each other in the future. https://t.co/UmK7i5783d
— Spencer Noon (@spencernoon) May 4, 2020
Though the NEAR Protocol mainnetmainnet went live today and has already hit a million blocks (blocks are created quite a bit quicker than on the Bitcoin or Ethereum protocols), it currently has limited functionality. During this proof-of-authority phase, the network is run by just four nodes and a limited number of validators.
Ethereum (ETH) mined its 10 millionth block today, marking a significant milestone for the world’s second largest cryptocurrency. Data from blockchain explorer Etherscan shows the 10 millionth block was successfully mined at exactly 01:22:13 PM (UTC). In contrast, just 628,900 Bitcoin blocks have been mined, since it launched on January 3, 2009. However, Bitcoin blocks take much longer to be produced, around 10 minutes on average. Launched in 2015, Ethereum was envisioned as a decentralized “wo...
NEAR said it will distribute the funding announced today to continue its rollout plans. Subsequent phases will theoretically lead to a community-run network and remove current restrictions on NEAR tokens. The full blockchain could be operational as soon as July, according to NEAR's timeline.
That would be a sweet spot for NEAR to be in. So far, so good.
Ethereum layer-2 startup Movement Labs has cut ties with co-founder Rushi Manche, capping a turbulent week of governance scandals, market maker fallout, and mounting community pressure. “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership,” the team posted early Wednesday on X. Within minutes, the platform announced the launch of Move Industries, a new company rising from the wreckage of the project. The new team described the shift as a return to “crypt...
Japan’s Metaplanet Inc. added another 555 Bitcoin to its treasury late Tuesday, just as China confirmed it would resume trade talks with the U.S., while laying out firm conditions for engagement and warning against “coercive and blackmailing tactics.” The Tokyo-listed firm disclosed it spent $49.6 million (¥7.67 billion) on the latest acquisition, bringing its total Bitcoin holdings to 5,555 BTC, worth over $482 million at current prices. The purchase is part of Metaplanet’s broader strategy t...
Bitcoin-backed loans are now available for Strike's American customers, the payment app's CEO announced Tuesday. Strike boss Jack Mallers posted a video on X explaining the new service. Customers from a total of 26 U.S. states are eligible to secure loans starting from between $75,000 to $100,000, depending on the state, the firm's website says. Mallers said that the service will soon be available in other regions, including Europe. Announcing Strike Lending You shouldn’t have to sell the bes...
