1 / 3 Relevant items tagged with #Layer1

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Layer N ditches Ethereum, says new L1 will support Typescript, Rust, C

[Dec 5 6:14 PM] N1 is purported to process 100,000 transactions per second, placing it among the fastest blockchains.

‘Solana killer’ Sui down, no blocks produced for more than 1 hour

[Nov 21 10:48 AM] The South Korean crypto exchange Upbit had temporarily disabled SUI deposits and withdrawals amid the network outage.

Solana beats Ethereum’s economy for the first time in October

[Nov 12 8:26 PM] According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.

3 signs Ethereum price is in trouble below $2,500

[Nov 4 2:50 PM] Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price.

Coinbase-backed Base to improve decentralization with fault proofs

[Oct 24 9:43 AM] Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to mainnet.

These 4 metrics suggest Ethereum price is sinking toward $2,300

[Oct 23 2:03 PM] Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way.

Ether price in 7-month decline amid ‘L1 wars,’ says analyst

[Oct 17 9:43 AM] “Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst.

‘Monolithic’ blockchains outperformed in September — VanEck

[Oct 4 5:27 PM] Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions.

Aptos Labs enters Japan through HashPalette acquisition

[Oct 3 7:53 AM] Aptos Labs’ acquisition of HashPalette positions the company to integrate Japanese businesses into its blockchain ecosystem and expand Web3 innovation.

Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects

[Oct 1 8:15 PM] The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth…

Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses

[Sep 25 9:11 AM] Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.

Circle’s USDC stablecoin to launch on Sui network

[Sep 17 7:58 AM] The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.

Multiple factors fueling Ether’s ‘dismal’ price action — VanEck

[Sep 5 8:06 PM] According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024.

Ethereum layer-1 network revenue collapses. What's causing it?

[Sep 2 7:43 PM] Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.

Layer-1 Platform Radix Cuts Workforce by 15%

[Aug 30 10:30 AM] The decentralized finance platform Radix Network announced a 15% workforce reduction on Aug. 28. CEO Piers Ridyard stated that the decision was made to decrease overhead costs. Ridyard said that while core projects like Flash Liquidity and MFA are…

Aptos network integrates Nillion for privacy-preserving apps

[Aug 29 2:31 PM] Aptos will be able to support confidential DeFi, private AI assistants and more. 

Grayscale launches investment fund for AVAX token

[Aug 22 2:54 PM] It joins Grayscale's suite of more than 20 crypto investment products.

Investigating Innovation on Berachain

[Aug 19 4:30 AM] This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates answers many questions…

Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption

[Aug 10 11:20 AM] While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart contract errors and cryptography implementation issues also contribute to cybercriminals’ success. Tobkin…

Megaeth: The Endgame ETH Scaling Solution

[Aug 4 3:30 AM] This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one…

Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1

[Jul 16 1:10 PM] Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi…

DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid

[Jul 12 5:23 AM] Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid.

DWF Labs launches $20M fund for Web3 projects in China

[Jul 3 8:00 PM] The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.

Exploring Sui’s Object-Centric Model and the Move Programming Language

[Jun 29 6:30 AM] A closer look at how Sui’s object-centric model and the Move language can improve blockchain scalability and smart contract development.

Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity

[May 29 3:00 PM] Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.

Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana

[May 24 12:17 AM] The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure.

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

[May 23 10:00 AM] Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s

[May 21 11:24 PM] According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance…

Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain

[May 21 9:02 AM] The upcoming layer-1 takes a hands-on approach to ensuring project security.

Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare

[May 21 3:00 AM] Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.