Search Results for "cost"
Is Ethereum the Future of DeFi? Scalability and Cost Issues Open Door for Cardano and Polkadot
As Ethereum continues to struggle with scalability and cost—traders continue to question the limitations of the Ethereum network and whether it really is the future of Defi.
Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt
According to the report, this partnership is meant to ensure that Nigeria's crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset for remittances and international payments with secure, fast and affordable transactions, BITFXT a Nigerian exchange with the goal of bringing more liquidity to the Nigerian crypto market. The recent development indicates that the team has decided to bridge the gap in remittances for Nigerians through the use of Dash at a 1% cost.
Snowtrace to End Etherscan-Powered Service by Nov 30
Snowtrace.io, a blockchain explorer for Avalanche C-Chain, will discontinue its Etherscan-powered explorer on November 30, 2023, due to high EaaS service costs. Users are advised to backup data and Ava Labs suggests a better solution transition.
OpenAI Introduces GPT-4o Mini: A Breakthrough in Cost-Efficient AI
OpenAI has launched the GPT-4o Mini, the most cost-efficient small AI model available today, promising advanced capabilities at reduced costs.
Gala Games Reintroduces Popular VEXI Costumes with May Discounts
Gala Games has announced the return of its fan-favorite VEXI costumes through the VEXI May Favorites Pack, offering discounted prices and limited availability.
Gala Games Unveils New VEXI Costumes for Office Enthusiasts
Gala Games introduces the VEXI WIP Pack, offering exclusive office-themed costumes. Limited to 100 packs, the bundle includes Secretary and Janitor outfits at a discounted price.
Together AI Launches Cost-Efficient Batch API for LLM Requests
Together AI introduces a Batch API that reduces costs by 50% for processing large language model requests. The service offers scalable, asynchronous processing for non-urgent workloads.
Generative AI's Compute Cost Challenge: Who Foots the Bill?
As generative AI scales, the debate on who should bear the compute costs intensifies. Industry leaders discuss potential solutions, including decentralized networks and innovative payment models.
NY Legislators Push Energy Tax on Bitcoin Mining Operations
New York cryptocurrency miners may face an exodus as lawmakers propose aggressive legislation targeting their high electricity usage.
Microsoft Develops Secret AI Chips to Reduce Development Costs
Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers.
Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization
In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.
French Fashion Brand Lacoste Enters Web3 With NFT Collection
French fashion brand, Lacoste has made a dive into the Non-Fungible Token (NFT) ecosystem as it has launched its own collection dubbed Underwater (UNDW3).