Browsing: Network

China has called for a national blockchain network and an integrated computing power network in a policy document covering 19 measures to develop technology-led industries and connect the digital economy with real-world production. China’s new policy calls for national blockchain and computing networks alongside changes to data ownership rules. The document proposes data-market trials, cross-border…

Ethereum Layer 2 Blast will shut down operations by the end of October, citing challenging operational costs. In an X post, the team said they didn’t see a “credible path” to make the chain economically sustainable. The economics of operating the chain no longer make sense: the ongoing costs of maintaining Blast exceed the revenue…