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The Near Foundation and Eigen Labs are joining forces to improve the efficiency and reduce the cost of transactions on Ethereum rollups. The Near Foundation and Eigen Labs have announced a partner ship that stands to significantly enhance the functionality and efficiency of Ethereum rollups . The Near Foundation, known for developing the Near protocol, and Eigen Labs, the creators of the restaking protocol Eigen Layer, are joining forces to address some of the current challenges in the Ethereum (ETH) ecosystem. The core objective of this collaboration is to reduce the cost and increase the speed of transactions on Ethereum rollups . According to official statements, the partner ship is set to achieve transaction times of three-to-four seconds, a notable improvement from current standards. Additionally, this initiative aims to facilitate low-latency communication across rollups, thereby reducing the fragmentation of liquidity between different Layer 2 solutions. You might als...

The National Bank of Georgia (NGB) is develop ing the digital GEL and is searching for a suitable partner .  NGB plans to launch a Limited Access Live Pilot Environment through various use cases to test the technology capabilities and potential application areas of the Central Bank Digital Currency (CBDC) system.  You might also like: Tether signs MOU with Georgia for bitcoin, web3, and P2P development After extensive research, NGB has shortlisted nine competing companies to work with the bank to develop the digital GEL. These companies include AUGENTIC GmbH, Bitt Inc., Broxus Holdings Ltd., Currency Network Ltd., DCM Corp Limited, eCurrency Mint Inc., FARI Solutions Ltd., Ripple Labs, Inc., and Sovereign Wallet Co., Ltd. Once the current selection process is complete, NGB will choose only one of the nine shortlisted companies to work on develop ing the digital GEL and the Limited Access Live Pilot Environment.  Georgia hosts crypto entrepreneurs and ...

Luganodes and Ankr are now partners to strengthen AppChain Infrastructure. AppChains is a scalability solution that is quickly gaining steam. In this arrangement, the two trusted blockchain infrastructure providers will offer expansive resources for running reliable and secure validator nodes on AppChain ecosystems. “We are thrilled to partner with Ankr and strengthen our commitment to providing dependable and efficient blockchain infrastructure. This partner ship will enable us to deliver hassle-free operations, ensuring exceptional performance and scalability.”— Anuj Shankar, CEO of Luga nodes “Luga nodes will greatly expand the available node resources for those building on Supernets and BNB Sidechains with Ankr’s AppChain service. Collaboration in this way is crucial in boosting the decentralization and performance of dedicated blockchain ecosystems simultaneously.” – Josh Neuroth, Ankr’s Head of Product What Does the Collaboration Entail? Together, Luga nodes and Ank...