7 / 11 Relevant items tagged with #layer2

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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…

Kraken looking to ‘solve’ industry challenges amid layer-2 rumors

[Nov 7, 2023 2:02 AM] The rumors were fueled by reports citing anonymous sources and a job posting from Kraken highlighting that the company is “enthusiastic” about layer-2 solutions.

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

[Nov 6, 2023 7:16 PM] The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the…

Will the next crypto bull run be dominated by L1s, L2s or something else?

[Nov 6, 2023 10:18 AM] This latest report from Cointelegraph Research dives into the tsunami of solutions coming onto the market that improve security, privacy and speed from existing protocols.

Ethereum futures premium hits 1-year high — Will ETH price follow?

[Nov 1, 2023 2:30 PM] ETH rallied alongside Bitcoin as new spot ETF news emerged, and the altcoin could benefit from the failure of its layer-1 competitors.

Ahead Of V4, dYdX Open-Source Code: Bull Run Incoming?

[Oct 26, 2023 7:00 PM] In what is seen to be a monumental move, dYdX, a layer-2 decentralized exchange (DEX), is open-sourcing its code as the platform prepares to implement v4. The exchange has a total value locked (TVL) of over $353 million, according to DeFiLlama…

Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet

[Oct 26, 2023 1:46 PM] Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.

Polygon launches POL token contract on Ethereum to eventually replace MATIC

[Oct 25, 2023 10:40 AM] The team migrated the POL token contract to the Ethereum network, paving the way for it to replace MATIC in the future.

Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum

[Oct 17, 2023 10:00 AM] Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week.

Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs

[Oct 12, 2023 12:52 PM] The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs.

Optimism network launches testnet fault-proof system in pursuit of decentralization

[Oct 3, 2023 10:00 AM] OP Labs implemented its modular fault-proof system on the OP Goerli testnet.

Is The Ethereum Winter Over? L2 Exploding, ETH Futures ETF Launches

[Sep 28, 2023 4:00 PM] After sinking roughly 30% from 2023 highs, Ethereum appears to be bouncing off from the pits of the crypto winter. Looking at candlestick arrangements in the daily and weekly charts, the coin has primary support at around $1,500 and is firm…