Ethereum 

IDEX Claims Creation of ‘Infinite Scaling Solution for Ethereum’

IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network. 1,000 times faster In an email sent to Cointelegraph, IDEX claims that its system, dubbed Optimized Optimistic Rollups (O2Rs), reaches block finality in 10 minutes. The company also says that this is about 1,000 times faster than the Optimistic Rollups (ORs) developed by Ethereum scalability development organization Plasma Group — which achieves block finality in two weeks. Rollup solutions scale by moving computation off-chain and…

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Bitcoin 

New Wallet Security Solution ‘Far Superior’ to Multi-Sig

The CEO of Binance claims that a newly open-sourced solution for wallet providers and custodians is “far superior” to multi-sig security and will reshape the industry. In a tweet published on Nov. 6, Changpeng Zhao linked to a new open-source release from Binance, declaring: “I believe TSS (threshold signatures scheme) will reshape the landscape for wallets and custodian services. It is far superior to multi-sig.” Unlike multi-sig, TSS is implemented off-chain Binance has today released an open-source implementation of its Threshold Signature Scheme (TSS)  library for Elliptic Curve Digital Signature…

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Bitcoin 

Casa Unveils New Solution to ‘What Happens to My Bitcoin When I Die?

New York-based crypto custody startup Casa has released a new security protocol and service focused on helping people address the question of Bitcoin (BTC) inheritance. The new offering, dubbed “Casa Covenant,” was revealed in an official blog post on Oct. 21. “What happens to my Bitcoin when I die?” Casa approaches the question of Bitcoin inheritance by highlighting three common positions users take currently: either not thinking about the issue at all, choosing to entrust their private key data with a close family member or friend, or using a third-party…

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