Introducing Payy: The First Privacy-Powered EVM Layer 2 Solution on Ethereum!

Highlights Payy launches a new Ethereum layer-2 network to facilitate private ERC-20 transfers. The platform aims to enhance privacy for institutions and crypto enthusiasts, focusing on limited transaction traceability. Payyโ€™s network is compatible with existing wallets and aims to simplify the process of managing privacy in cryptocurrency transactions. Introduction to...

Solana Validators Plummet 68% From Their 2023 High โ€“ What This Means for the Future!

HighlightsSolana's validator count has decreased significantly from 2,560 in March 2023 to just 795, raising concerns about network decentralization.Smaller validators are struggling to remain operational due to rising fees and competition from larger operators.The Nakamoto Coefficient, a measure of decentralization, has dropped 35%, indicating a consolidation of power among a...

Aave Hands Over Lens Protocol Leadership to Mask Network: What This Means for the Future

Highlights Aave transfers stewardship of social infrastructure protocol Lens to Mask Network, maintaining open-source components. Mask Network will lead product development and user engagement while Aave shifts focus back to DeFi. Ethereum co-founder Vitalik Buterin endorses the transition, emphasizing the need for decentralized communication tools. Transitioning Control: A Shift in...