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Cryptocurrency trader and investor EliZ¥ has predicted that Conflux (CFX) may see further price increases in the coming days. This…

Rollup solutions have rapidly evolved in Ethereum’s Layer-2 scaling technologies. These technologies involve storing some funds on the main chain while executing some transactions off-chain, with data availability being a key challenge.

On the evening of August 7th, PayPal, a payment company based in San Jose, California, announced the launch of a stablecoin named PayPal USD (PYUSD). This stablecoin, issued by Paxos Trust (former issuer of BUSD), is fully backed by deposits in US dollars, short-term government bonds, and similar cash equivalents. It will gradually become available to PayPal customers in the United States.

Rollup, as a scalability solution, holds significant potential for addressing the scalability challenges in blockchain’s expansion. However, there are still obstacles to overcome, such as security, decentralization, user experience, and cost-effectiveness. By addressing these challenges and establishing a robust ecosystem with standardized support,