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Comprehensive upgrades to the Algorand blockchain will enable the creation of massively scalable dapps with the capacity to compete with established financial systems at a fraction of the cost. Algorand was built from the outset to drive complex applications requiring speed, scalability, finality, and security - while at the same time being cost-effective. Already nearly 400 companies are using the platform in sectors such as: investing (Republic), asset tokenization (Props), stablecoins (Tether, USDC, MELD Gold), CBDCs (Marshall Islands), gaming (World Chess), insurance (Attestiv) and accounting (Verady).

Dubbed USDC 2.0, USD Coin (USDC) has integrated what are called "meta transactions" natively to the dollar stablecoin platform. Now, users do not have to pre-fund their USDC-bearing wallets with ether (ETH) in order to send a transaction. Meta transactions allow USDC wallets and compatible applications to act as virtual "gas stations" by paying the associated mining fee that accompanies every Ethereum blockchain transaction. This [update] enables people to fund their non-custodial wallets with USDC and start using DeFi/dapps without also having to own ETH.

A majority of decentralized finance (DeFi) apps have been built on Ethereum, and DeFi's explosion has rippled across the network. DeFi has pushed Ethereum to its limits but is also accelerating the pace of innovation and experimentation. In this piece we look at how four DeFi token launches affected Ethereum and how the network is evolving as a result. We conclude that DeFi will undoubtedly continue to push Ethereum's limits, as new dapps and tokens launch. But Ethereum is changing as well, and Layer 2 scalability could open up new doors for what is possible in DeFi and beyond.

Cardano will hard fork on September 12, at which point the crypto-asset will get functional smart contracts. These can be used for decentralized finance (DeFi), non-fungible tokens (NFTs), and other types of decentralized applications (Dapps). Cardano has managed to capture the third-largest crypto market capitalization among 10,000+ crypto assets.

"Critics are slamming Cardano smart-contract testnet errors and complained that the blockchain wasn't fit for purpose as a decentralized finance (DeFi) platform. Difficulties around multiple users interacting with the protocol at the same time surfaced as developers launched the long-awaited Alonzo testnet, which introduces smart contracts to the platform for the first time. These concurrency issues meant that the first Cardano dApp-a multi-pool decentralized exchange (DEX) named Minswap-was forced to prematurely shut down its testnet."

"Algorand, a blockchain-based cryptocurrency platform with a native cryptocurrency called ALGO, is making waves as a new altcoin in the cryptocurrency market with its smart contract core architecture. This article explains why Algorand has generated interest for decentralized finance (DeFi) and decentralized apps (dApps) solutions."

"This paper discusses a decentralized finance (DeFi) application called MakerDAO. The Maker Protocol, built on the Ethereum blockchain, enables users to create and hold currency. Current elements of the Maker Protocol are the Dai stable coin, Maker Vaults, and Voting. MakerDAO governs the Maker Protocol by deciding on key parameters (e.g., stability fees, collateral types and rates, etc.) through the voting power of Maker (MKR) holders. The Maker Protocol is one of the largest decentralized applications (DApps) on the Ethereum blockchain and is the first decentralized finance (DeFi) application to earn significant adoption. The objective of this paper is to analyze and discuss the significance, uses, and functions of this DeFi application."

"The Bitcoin Taproot upgrade unlocked the potential to create DApps on the Bitcoin blockchain, improving the blockchain's long-term viability by accelerating the DeFi movement on the Bitcoin network."

"As part of Algorand's latest major protocol upgrade, the blockchain will see a 5x performance boost to 6,000 TPS and a ~10% decrease in round times to

As blockchain adoption increases globally, scaling solutions will be necessary to keep pace with demand while layer-1 blockchains come up to speed. There are blockchain scaling solutions for every type of business. Permissioned blockchains like Hyperledger Fabric and Consensys Qorum can be ideal for enterprises; meanwhile, for smaller projects, layer-2 solutions are sufficient to perform the required tasks. For example, instead of developing dApps for a payment application on the Ethereum main chain, businesses can utilize the likes of SKALE, Polygon PoS, or Loom Network's side chain ecosystem to effortlessly process transactions. Meanwhile, if you need instant and free peer-to-peer Ethereum transactions, state channels like Perun or Connext could be your solution. If you want to use your digital assets on a different chain to conduct business, look for a platform that utilizes cross-chain bridges and see what its ecosystem offers.

Hedera Hashgraph, a new public blockchain network that claims to be faster than Ethereum and Bitcoin networks, has launched its mainnet beta for the general public. Hedera also offers smart contract and file services, and both are currently throttled to 10 transactions per second.

Decentralized apps experienced a dramatic surge in activity in June 2020, led by a $500 million increase in DeFi protocol Compound's balance sheet. Curve serves as an automated money market that can only support swaps between different stablecoins and "wrapped" cryptocurrency tokens. Curve can offer more competitive slippage and lower fees for trading virtual assets. Leading non-custodial exchange Uniswap also saw increased activity because of a dramatic rise in Compound's COMP token trading volumes. Kyber Network, which connects fragmented tokenized assets by facilitating seamless transactions, and decentralized exchange protocol 0x also reported increased activity.