1 / 10 Relevant items tagged with #Layer2

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Ethereum’s value accretion narrative under duress after 19% drop in ETH DApp volumes 

[yesterday 9:08 PM] ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.

Vitalik Buterin sings at Token2049, highlights low L2 fees as ETH milestone

[yesterday 8:40 AM] In the past, Buterin was forced to pay over $800 for a single privacy-preserving transaction, but this is no longer the case thanks to the development of Ethereum layer 2s.

Risc Zero aims to bring blockchain security to ‘any’ off-chain app

[Sep 16 7:59 PM] Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said.

Chainlink CCIP now live on ZKsync, boosting cross-chain interoperability

[Sep 16 2:00 PM] Chainlink’s CCIP goes live on ZKsync, empowers developers to create cross-chain DApps, and fosters greater interoperability.

Circle partners with Sony’s blockchain lab on USDC expansion 

[Sep 16 4:51 AM] The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election

[Sep 13 9:06 AM] The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.

Ethereum's Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further

[Sep 12 4:59 PM] In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it's ready to…

Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO

[Sep 12 1:02 PM] RootstockCollective, the first DAO on the Bitcoin layer 2, is designed to encourage builders and users of Rootstock

Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me

[Sep 12 5:36 AM] The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress.

Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

[Sep 11 6:44 AM] Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again.

Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement

[Sep 9 2:00 PM] Restaking protocol Ether.fi selected layer-2 network Scroll as the settlement layer for products like its Cash card.

Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

[Sep 9 9:30 AM] Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more…

Snapshot, Popular DAO Voting Platform, Finally Moves On-Chain, Atop Starknet

[Sep 9 9:30 AM] Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.

Stacks’ smart contracts reach record high ahead of Nakamoto upgrade

[Sep 8 1:05 PM] Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet

[Sep 6 12:37 AM] Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet.

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.

Polygon Begins Token Swap, in Move to Allow More Issuance

[Sep 4 8:00 AM] The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

[Sep 3 9:08 PM] The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.

Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team

[Sep 3 2:23 PM] The company made the move to adapt to "the different type of technology and support" that developers building on ZKsync now require.

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.

Solutions without problems: How many Ethereum layer 2s are too many?

[Aug 30 2:30 PM]  Layer 2s are a short-term success story, but the long-term picture appears less rosy.

Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity

[Aug 29 3:48 AM] On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels. 

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

[Aug 28 5:40 PM]

SOON closes funding round for Solana-based layer 2

[Aug 27 4:15 PM] Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.

EigenLayer’s EigenDA to support layer-2 native token restaking

[Aug 26 4:45 PM] Users will be able to earn restaking yield from layer-2 tokens on EigenDA.

ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research

[Aug 23 4:08 AM] Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain 'Soneium'

[Aug 23 4:00 AM] The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.

Base hits 4M active addresses amid ‘Onchain Summer’ campaign

[Aug 20 1:05 PM] Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. 

Linea receives first contributor for open-source L2 rollup

[Aug 20 12:00 PM] Status partners with Linea, marking the beginning of a significant contribution to Linea’s zkEVM-powered L2 rollup as part of a broader decentralization effort.

Ethereum L2 ecosystem processes a record 12.4M transactions in a day

[Aug 14 4:05 AM] The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base.