David Marcus, CEO of Lightspark, a company that builds business-grade solutions to facilitate payments on top of the Lightning Network, shared his experience in developing on top of the Bitcoin scaling layer. Marcus stated that it is “incredibly complex and hard to build software around this protocol,” acknowledging the constraints the Lightning Network presents for […]
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $ 6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network maintained a relentless burn rate, burning an average of …