Neo is developing a sidechain designed to support Ethereum-based decentralized applications and ensure full interoperability with its N3 mainnet, founder Da Hongfei announced at a Hong Kong event.
The sidechain will inherit key features from Neo, including its Delegated Byzantine Fault Tolerance consensus mechanism, to enhance scalability. The sidechain will utilize Neo’s native GAS token for both governance and utility functions.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Polygon's POL cryptocurrency contracts deployed on Ethereum mainnetPolygon Labs has deployed the contracts for the project’s future cryptocurrency, POL, on the Ethereum mainnet.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Vitalik Buterin backs Nocturne, which aims to bring private accounts to EthereumNocturne Labs, a crypto startup that wants to bring private accounts within the Ethereum ecosystem, has raised $6 million in seed funding.
Source: TheBlock__ - 🏆 464. / 53 Read more »
ETH Supply on Exchanges Drops to Lowest Since 2015 Genesis as This Event HappenedRecent analytics data shows that Ethereum's exchange supply has dropped to lowest level since 2015
Source: Utoday_en - 🏆 295. / 63 Read more »
Cardano (ADA) Joins BTC and ETH as Whales' Transactions Break Three-Month RecordCardano (ADA) gains momentum in whales' accumulation alongside Bitcoin and Ethereum
Source: Utoday_en - 🏆 295. / 63 Read more »
Polygon launches POL token contract on Ethereum to eventually replace MATICPolygon Labs claimed that the POL token will have “re-staking” functionality, allowing it to be used on multiple Polygon networks.
Source: Cointelegraph - 🏆 562. / 51 Read more »