Despite record levels of institutional investment, most Wall Street firms are still trading off-chain, says Annabelle Huang, co-founder and chief executive officer of Altius Labs.
Investment manager MembersCap and digital asset exchange Archax are the system's first clients.
DoubleZero’s goals are to increase bandwidth and reduce latency for blockchain projects and possibly other networks, such as those used for online gaming.
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.
Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.
IOTA completes the final phase of the European Blockchain PCP, setting the stage for scalable, sustainable and secure blockchain infrastructure across the European Union.
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.