7 / 12 Relevant items tagged with #Layer2

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Ethereum’s Dencun Upgrade Successfully Launches on Goerli Testnet After Initial Hiccups

[Jan 18, 2024 1:30 PM] The Ethereum network has successfully implemented the Dencun upgrade on its Goerli testnet. This achievement comes as a part of Ethereum’s ongoing effort to introduce cost-effective data storage solutions on its blockchain. Dencun Upgrade…

Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch

[Jan 14, 2024 3:30 AM] While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained…

Solana Co-Founder: The Blockchain Doesn’t Need Layer-2s Like Ethereum

[Jan 5, 2024 5:00 PM] Solana co-founder Anatoly Yakovenko has expressed confidence that their blockchain can handle the growing demand for decentralized applications (dapps) without needing layer-2 solutions like those employed by Ethereum. Solana Doesn’t Need…

Arbitrum Reaches Major Milestone In TVL As Price Rallies

[Jan 3, 2024 1:00 PM] Arbitrum (ARB), a layer 2 (L2) protocol has achieved yet another major milestone in its Total Value Locked (TVL) reaching new heights, following a surge in the crypto asset’s price. Arbitrum Sees Surge In Total Value Locked (TVL) According to…

ENS Token Jumps 50% as Vitalik Buterin Hails It as 'Super Important'

[Jan 3, 2024 8:55 AM] ENS, the governance token of the Ethereum Name Service project, surged after Ethereum cofounder Buterin posted on X that the service is "super important."

Sei V2 Code Is “Functionally” Complete, Audit Ongoing: New All-Time High Incoming?

[Jan 2, 2024 4:00 PM] Taking to X on January 2, Jay Jog, the co-founder of Sei, Sei V2, is functionally “code complete” with Zellic and OtterSec, two blockchain security firms, auditing the code base. This development comes as the platform’s native…

Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live

[Dec 28, 2023 4:18 AM] Depositors will receive an airdrop that can be redeemed in May 2024.

Forget High Gas Fee Challenges, Ethereum Remains Bullish: Time To Buy More?

[Dec 26, 2023 6:00 PM] Despite concerns over network congestion and high gas fees, Ethereum remains bullish in the long term, according to borovik.eth–a partner at Rollbit, who posted on X on December 26. The key factors driving the positive outlook are pointing to…

Metis Surges 50% as Ecosystem Projects Eye $360M in Grant Rewards

[Dec 26, 2023 5:38 AM] Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.

Elastos Looks to Capture BTC Staking Demand With Bitcoin Layer 2 Offering

[Dec 19, 2023 7:00 AM] The platform is developing Bitcoin tools as the applications built on the network catch favor with investors.

Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears

[Dec 18, 2023 8:00 AM] The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.

Chainlink Data Feeds Available on Polygon zkEVM

[Dec 14, 2023 1:00 PM] Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.

Arbitrum Throws Hat In Ring for Celo's Migration to Layer-2 Blockchain

[Dec 14, 2023 11:07 AM] Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

[Dec 14, 2023 3:00 AM] The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.

Enterprise blockchain Coti set to become Ethereum privacy-centric layer 2 in 2024

[Dec 13, 2023 9:00 AM] Coti will look to provide privacy-focused functionality to the Ethereum ecosystem as a new layer-2 protocol.

Starknet to hand 10% of network fees to devs, with $3.5M in first distribution

[Dec 12, 2023 9:00 AM] The Devonomics initiative from the Starknet Foundation aims to return a portion of network fees to incentivize developers.

Web3 protocol Blast reaches $823M TVL despite bugs and controversy

[Dec 8, 2023 2:46 PM] Amid technical challenges and investor scrutiny, Blast’s staking model has propelled its total value locked to $823 million.

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

[Nov 29, 2023 5:54 PM] With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second

[Nov 29, 2023 4:30 PM] In a six-month roadmap unveiled on Nov. 29, the BNB Chain development team said it is targeting 10,000 transactions per second and fees of $0.001 on the layer two (L2) solution Opbnb. Sometime between 2024’s second and third quarters, the…

Botanix Labs Launches First EVM-Equivalent Layer 2 Testnet on Bitcoin

[Nov 29, 2023 11:40 AM] Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research…

Blast’s marketing approach “cheapens the work of a serious team” — Paradigm

[Nov 26, 2023 2:45 PM] Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability.

NFT Platform Blur's Token Jumps 22% Amid Binance Listing and Blast Optimism

[Nov 24, 2023 10:41 AM] BLUR, the native token of non-fungible token (NFT) platform Blur surged by 22% on Friday after being listed on Binance's convert feature.

Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact

[Nov 23, 2023 5:25 AM] Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical.

New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live

[Nov 21, 2023 2:09 AM] Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February.

The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In

[Nov 15, 2023 12:43 PM] In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now…

Layer 2 networks hit $13B TVL, but challenges still remain

[Nov 15, 2023 10:57 AM] Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees.

Blockchain Developer Lattice Unveils 'Alternative Data Availability' Network for Optimism

[Nov 15, 2023 4:00 AM] Redstone is operating in testnet, and aims to be cost-effective for on-chain games and decentralized applications.

OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK

[Nov 14, 2023 11:00 AM] The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum.

Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology

[Nov 14, 2023 10:22 AM] The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects.

Analyst Endorses MATIC, Time To Double Down On Polygon And Ethereum Layer-2 Tokens?

[Nov 8, 2023 9:00 PM] Ryan Sean Adams, a vocal Ethereum commentator and crypto investor, is bullish on MATIC, the native token of Polygon. Taking to X on November 8, Adams said MATIC should be a top-10 crypto asset, adding that people are asleep on layer-2s. Polygon…