Hermez Network has announced the launch of its zk-rollup mainnet release, as the network is now open for users, who can benefit from the rollup’s much lower transaction costs than Ethereum. It has been reported that zk-rollups use zero-knowledge proofs to verify the correctness of a large batch of transactions. An outside ecosystem executes these transactions and generates proofs for them, which are then posted directly on the Ethereum blockchain. However, the result is a sav

The Free TON project has announced the launch of the project’s effective mainnet. It has been reported that the network had originally launched in May 2020 by building on Telegram’s codebase but showing no association with the communications company and related $1.7 billion initial coin offering. However, the announcement is mostly a formality, as it does not involve new network launches. Instead, the developers have chosen the date to mark “sufficient decentralization” of th

Elrond has launched its mainnet on July 30, along with a new DeFi app, staking and a raft of new features followed by a successful testnet with more than 1,500 nodes in 29 countries, and 50 shards, running with a peak of more than 260,000 transactions per second. Its ERD token has been on fire this month in anticipation to the long-awaited launch. https://t.co/RCpTGbhfXG — elrond (@ElrondNetwork) July 30, 2020 Elrond aims to achieve global scalability for money moving market

Celo Foundation has launched Mainnet and enabling users to transfer Celo Gold tokens after raising $40 million to fund its blockchain platform. Today (on May 19), it has been reported in a Medium blog that Celo said transfers of Celo Gold (cGLD), an ERC-20 token, are now enabled through on-chain governance, which means exchanges are free to integrate with the platform. However, the company thanked the “commitment, passion, expertise, and engagement of over 100 independent val

Filecoin (FIL) is now looking toward a mainnet launch in Q3 2020 supported by a Gemini exchange custody solution. On Feb. 25 Gemini made an announcement that Filecoin will send ICO participants their FIL coins on Gemini’s custody platform after the project’s expected Q3 launch. We are thrilled to announce upcoming support for the #custody of Filecoin $FIL. Filecoin is the reward and incentive token of the InterPlanetary File System (“IPFS”), a decentralized cloud storage netw