DeFI News by Thebittimes.Com

The team behind the largest decentralized crypto exchange (DEX) by trading volume is confirming the launch of its highly-anticipated layer-1 blockchain Unichain. In a new blog post, Uniswap Labs says that, after the successful public testnet phase of the Unichain launch, the launch of a public mainnet is the next step. The firm says Unichain will begin its transition to mainnet on January 6, 2025. “The next major milestone focuses on decentralization, which is core to Unichain. Mainnet will go live with Permissionless Fault Proofs on day one, allowing anyone to verify the chain’s activity. This process will begin on January 6, 2025, when Unichain Sepolia will undergo planned maintenance to enable Permissionless Fault Proofs. Once the new system’s safety and stability are validated, mainnet will be open for everyone! Users will be able to bridge funds directly to the network, and applications supporting Unichain will go live. Rollup-Boost will go live on mainnet...

It has been 262 days days — over 37 weeks or more than 6,000 hours — since Solana last suffered a major outage. According to the network’s own incident history tracker, the last major outage occurred on February 6 this year and lasted five hours. No reason was given at the time, however, the tracker noted that the problem was apparently resolved after “a successful upgrade to v1.17.20 and a restart of the cluster by validator operators.” As a result of the disruption, Solana’s  SOL token fell 2% to $94 . Protos has compiled a chart detailing this and every other Solana outage since its launch. Click to enlarge. Read more: Solana mainnet down almost a year after last major outage The next most recent outage occurred almost a year earlier on February 25, 2023, and was put down to “cluster instability.” Before this, major issues struck the network on September 30, 2022, and June 1, 2022. Solana launched in 2020 but accor...

TIA token, the native asset of the modular blockchain network Celestia, has been the top trending token on several social media and crypto platforms. The recent boost in its popularity coincides with Celestia‘s launch of its mainnet beta on Oct. 31, heralding the beginning of the modular blockchain era. According to CoinMarketCap data, the token started trading on the same day. The recent developments led to a surge in social discussions on CoinMarketCap, Twitter, Telegram, and Santiment.  TIA price – Nov. 1 | Source: Santiment Moreover, TIA currently holds the position as the most popular asset on CoinMarketCap. According to Santiment data, discussions about the token have seen a significant surge in the last 24 hours on X (formerly Twitter), where it now ranks among the top trends, alongside terms like “Celestia airdrop.” Telegram and 4Chan have also experienced a notable increase in mentions of TIA. You might also like: Global watch...

Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August. Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time  for user onboarding. Base also announced that the public launch of the network will occur in August. Since our testnet launch, we’ve connected with incredible builders and watched their projects thrive on Base. Now it’s time to take the next step: Base mainnet is now open for builders.https://t.co/YvlQxquhvY — Base ️ (@BuildOnBase) July 13, 2023 Coinbase announced the creation of the Base network on Feb 23. The team claimed that the network would be a layer-2 of Ethereum and would use the OP Stack software used by Optimism. The announcement was celebrated in the Ethereum community, as many users saw it as a ‘massive confidence vote’ for Et...