Bitcoin’s design contains a unique way of handling transactions through the Unspent Transaction Output (UTXO) model. While this model provides enhanced security and privacy compared to traditional account-based systems, it also presents challenges in efficiently managing one’s Bitcoin holdings. This article delves into the concept of UTXO management, its importance, and strategies to optimize transaction The post Understanding Bitcoin UTXO management and its impact on transaction efficiency and privacy appeared first on CryptoSlate.

On April 24, the ‘Women in Crypto for Boards‘ series in London brought together C-level and Board-level women from the digital asset industry to address the underrepresentation of women in Web3, showcasing both the challenges and the opportunities for advancing gender equality in this rapidly evolving field. The event’s founder, Tim Connolly, highlighted the importance The post Boosting female leadership in crypto through quotas and proactive networking discussed in London appeared first on CryptoSlate.

pSTAKE Finance, backed by Binance Labs and a prominent figure in the liquid staking sector, is set to introduce a novel liquid staking solution for Bitcoin, constructed on Babylon’s framework. This development marks a significant extension of pSTAKE’s offerings beyond its initial focus area within the Cosmos network, where it first introduced liquid staking in 2021. The post Babylon partners with pSTAKE to launch Bitcoin liquid staking appeared first on CryptoSlate.

Building on the success of Lens Protocol, Lens Lab, an entity under Avara, has announced the Lens Network, a blockchain-based network aimed at transforming the future of social media interactions. Developed on the ZK Stack utilizing zkSync technology on Ethereum, the Lens Network is poised to address and overcome the prevalent scalability challenges faced by The post Avara to launch Lens Network on zkSync to expand on success of Lens Protocol appeared first on CryptoSlate.

Ethereum, the world’s second-largest blockchain network, persistently grappling with scalability issues due to its popularity and increased network congestion, has had the concept of Layer 2 chains in mind since 2014. As more users and decentralized applications (dApps) were released, transaction costs skyrocketed, and processing times slowed significantly. To address these challenges, developers explored various The post Breaking down Ethereum rollups – What makes a rollup optimistic vs zero knowledge? appeared first on CryptoSlate.