‘Bitcoin makes no sense for blockchain developers,’ says 1inch Network co-founder

[ad_1] Anton Bukov, the co-founder of 1inch Network, thinks that Ethereum will likely become the main settlement layer for a multi-chain decentralized finance (DeFi) ecosystem.  “There is like a high chance that most of the chains will try to commit their states to Ethereum as a higher layer,” Bukov said in an exclusive interview with Cointelegraph. Bukov, who is number 39 in Cointelegraph’s Top 100 list for 2022, acknowledges that to achieve that, Ethereum needs to solve the scalability issues that limit its transaction output. DISCOVER COINTELEGRAPH’S TOP 100 IN…

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6 Questions for Anton Bukov of 1inch Network – Cointelegraph Magazine

[ad_1] We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Anton Bukov, co-founder of 1inch Network, a distributed network of decentralized protocols. Anton has been writing code for more than 20 years (since he was 12), mostly C++, C#, Objective-C, Swift and SQL. Since 2017, he has been working on blockchain solutions, primarily smart contracts. Anton has contributed to several crypto…

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Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism – Technology Bitcoin News

[ad_1] On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to Use the L2 Solution Optimistic Rollups via Optimism Gateway Ever since the Ethereum network has been dealing with transaction congestion and much higher fees in 2021, innovations revolving around Layer 2 (L2) scaling solutions and sidechains have been pushed to the forefront of conversations.…

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1inch releases composable Limit Order Protocol

[ad_1] Today, decentralized exchange and liquidity aggregator 1inch announce the launch of the 1inch Limit Order Protocol. The new feature boasts 5 different security audits, and will enable users to buy or sell assets at specific price targets on Ethereum, BSC, and Polygon. The new feature will also be able to interact with smart contract logic, and be able to execute orders based on oracle data.  Limit orders were previously available to the DeFi ecosystem through a variety of protocols including Gelato and 0x, the latter which 1inch utilized. However,…

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