Author Archives: BSCN NEWS REPORTS

The Soaring Demand for Polygon (MATIC) and DigiToads (TOADS) While the crypto market is characterized by volatility, it is also known for its resilience and ability to recover from downtrends. After a recent dip in the broader crypto market, the market is showing signs of steady recovery, with investors’ confidence improving. Amidst increasing confidence and[Read more…]

Polygon zkEVM’s Surging Metrics Polygon’s zkEVM recently achieved a remarkable milestone by reaching a new all-time high in terms of daily transactions. On August 4th, the roll-up network recorded an impressive 122,000 daily transactions, surpassing the previous ATH of 115,000 on July 31st. This surge in daily transactions was accompanied by a notable uptick in[Read more…]

The Volatile Nature of Cryptocurrency The world of cryptocurrency is notorious for its volatile nature, with prices soaring and plummeting at an astonishing pace. Among the myriad cryptocurrencies available in the market, three digital assets have caught the attention of analysts and investors alike – DigiToads (TOADS), Monero (XMR), and Polygon (MATIC). Unprecedented Price Jump[Read more…]

PancakeSwap’s Integration on Polygon zkEVM The world of decentralized finance (DeFi) is undergoing transformative changes, reshaping the cryptocurrency landscape. A prominent player in this evolution is PancakeSwap, a leading decentralized exchange (DEX), which has recently extended its reach to the Polygon zkEVM. This strategic move opens doors to new trading functionalities and enhanced liquidity provision,[Read more…]

The Accusation In a surprising twist of events, Polygon Zero has thrown serious accusations at Matter Labs, pointing fingers at plagiarism of “a substantial amount of source code.” This code, they claim, was brazenly copied from their Plonky2 library, and the alleged perpetrator is zkSync, Matter Labs’ rival Ethereum layer-2 scaling solution. As the drama[Read more…]

Introduction While numerous Layer 2 solutions have emerged, Polygon’s zkEVM stands out as a groundbreaking innovation that has taken the crypto community by storm. Within just five months of its launch, the Polygon zkEVM has processed an astounding 4 million transactions. In this article, we explore the factors behind this unprecedented success and shed light[Read more…]

Smart Investors Embrace Polygon (MATIC), Ripple (XRP), and Pomerdoge (POMD) Despite the bearish crypto market, smart investors have taken advantage of this moment to increase their stakes in three promising assets: Polygon (MATIC), Ripple (XRP), and Pomerdoge (POMD). These cryptocurrencies have caught the attention of the crypto community as they have shown bullish signals on[Read more…]

Open-Source Code Sharing and Attribution In blockchain initiatives, it’s common for these projects to share their code through open-source software licenses. This grants external developers the freedom to peruse, replicate, and sometimes even enhance the code as they see fit. Yet, customary practices within the community, alongside most open-source licenses, typically mandate that independent developers[Read more…]

Allegations Against zkSync The allegedly plagiarized code was found on zkSync, a competitor layer-2 scaling solution for Ethereum powered by zero-knowledge technology. Matter Labs, the developer of the zkSync ecosystem, has denied the claims. Accusation Details According to Polygon Zero, Matter Labs recently released a proving system called Boojum with lots of code copy-pasted from[Read more…]

In a Blog Post: Polygon Accuses Matter Labs of Code-Copying Polygon, a prominent Ethereum scaling firm, recently alleged that Matter Labs, the company behind the zkSync rollup, copied parts of its open-source code without proper attribution. The matter came to light in a tweet from Polygon on Thursday, leading to a response from Matter Labs[Read more…]