10 / 11 Relevant items tagged with #layer2

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Thirteen years after first Bitcoin purchase, layer-2 solutions struggle to gain traction

[May 22, 2023 7:05 AM] In an interview with Cointelegraph, Trust Machines CEO Muneeb Ali explains how Ordinals’ hype could support Bitcoin by attracting more developers and capital to layer-2 solutions.

Ordinals Have Proven Demand On Bitcoin, But Fees Will Push Users To Layer 2

[May 22, 2023 6:00 AM] This is an opinion editorial by Steven Hay, a writer, former trader and art dealer.The Ordinals controversy is still simmering and seems set to flare up again soon. Although Ordinals’ block space usage had been trending down since March 23, 2023…

Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?

[May 17, 2023 9:40 AM] There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data from Cryptoflows. Migration From Ethereum To BSC The shift to move assets from the legacy smart contracting network could be driven by the…

Aave V3 launches on Ethereum layer-2 network Metis

[May 8, 2023 10:00 AM] Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis.

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols

[May 3, 2023 5:00 AM] Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut.

MicroStrategy's Bitcoin conviction 'strong' as it posts Q1 profit

[May 1, 2023 6:52 PM] The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023.

More TPS, less gas: Ethereum layer 2 Starknet outlines performance upgrades

[May 1, 2023 8:20 AM] Starknet makes performance improvements top priority in 2023, aiming to increase throughput, lower latency and reduce transaction costs.

Google Cloud to optimize Polygon zkEVM scaling performance

[Apr 28, 2023 7:30 AM] Polygon Labs and Google Cloud will team up in a multi-year agreement to drive the development and adoption of the Ethereum scaling protocol’s infrastructure and developer tools.

Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

[Apr 26, 2023 6:45 AM]

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape

[Apr 26, 2023 5:00 AM] Token airdrops – and the prospect of them – have become a major customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy a sustainable one?

Celo Joins Chainlink Program Giving Developers Access to Data Feeds

[Apr 25, 2023 10:00 AM] More than 90 Celo community members voted in favor of joining the Chainlink Scale program and only three voted against.

Decentralized exchange GMX votes to use Chainlink low-latency oracles

[Apr 24, 2023 11:39 PM] A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.”

Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows

[Apr 24, 2023 3:31 PM] TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping as crypto prices swooned. Arbitrum dominates the layer 2 scaling landscape by market share.

DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

[Apr 20, 2023 8:00 AM] 1inch Network is the latest decentralized Finance protocol to deploy on Ethereum layer-2 scaling platform zkSync Era.

1inch, Aggregator of Decentralized Crypto Exchanges, to Launch on Ethereum Rollup zkSync Era

[Apr 20, 2023 8:00 AM] The decentralized-exchange (DEX) aggregator, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM (zkEVM).

Coinbase’s Base network gets OpenZeppelin security integration

[Apr 19, 2023 9:27 AM] Contract upgrades, admin changes and protocol tweaks can now be made using standard APIs that were previously unavailable on Base.

Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy

[Apr 18, 2023 8:00 AM] Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%.

StarkNet Aims to Enhance Scalability, Privacy and Security on Ethereum

[Apr 17, 2023 6:09 AM] One of the first projects to integrate the intriguing new mechanism of Account Abstraction has already gotten Visa on board to secure payments processing for crypto transactions. That’s why StarkNet is a 2023 Project to Watch.

ERC-20 tool recovers $150M — Coinbase exec explains how

[Apr 13, 2023 6:20 AM] Will Robinson, vice president of engineering at Coinbase, explains the crypto exchange’s plan to increase its on-chain presence with new tools and the Base network.

ARB Plummets 5% As Arbitrum Presents Draft Of New Governance Proposal

[Apr 6, 2023 5:00 AM] After surviving a frightening weekend that saw its value plummet, ARB has begun another round of bearish trends following the Arbitrum Foundation’s latest presented governance proposal. This proposal focuses on the improvement of the Arbitrum…

Masa announces soulbound ID tokens for Coinbase's Base Network

[Apr 4, 2023 3:46 PM] The token protocol can be used for a wide variety of applications, including membership badges, loyalty programs, decentralized captcha bots, and credit underwriting.

Locked Value Climbs on zkSync Era Climbs Past $100M

[Apr 3, 2023 2:58 AM] Ether and USD Coin dominate locked tokens on the upstart network.

Arbitrum's first governance proposal sparks controversy with $1B at stake

[Apr 2, 2023 12:07 PM] The Arbitrum Foundation announced that it was only ratifying an existing decision when it proposed a 750 million ARB tokens budget.

Injective launches layer-2 testnet for Solana-based apps in Cosmos

[Mar 30, 2023 7:00 AM] The new testnet is one of the few networks that uses Solana’s Sea Level Virtual Machine (SVM).

Bitcoin Layer 2 Stacks' Token a Top Performer in March

[Mar 28, 2023 3:20 PM] STX has gained 23% in March and is up 350% over the past year.

ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’

[Mar 28, 2023 8:10 AM] The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs.

Polygon’s ‘holy grail’ Ethereum-scaling zkEVM beta hits mainnet

[Mar 27, 2023 8:00 AM] Ethereum layer-2 scaling platform Polygon has released its zkEVM to mainnet beta, allowing developers to deploy smart contracts with increased finality and lower costs.

‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard

[Mar 27, 2023 5:30 AM] Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while…

Matter Labs Opens zkSync Era to Users, Claiming First in ‘Zero Knowledge’ Tech on Ethereum

[Mar 24, 2023 8:00 AM] After launching ZkSync Era for developers-only last month, the project took the additional step Friday of opening it to general users. The latest push comes just days ahead of Polygon’s planned rollout on Monday of its own “zero knowledge Ethereum…

zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet

[Mar 24, 2023 7:00 AM] A new Era has dawned with the launch of the first Ethereum Virtual Machine compatible ZK rollup, enabling projects like Uniswap and Sushi to easily port over for scaling.