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The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum's Blob Mob
27.11.2024
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards.IN THIS ISSUE:Ethereum's blob mobStaking on StarknetAvalanche's big upgradeL2 teams beam...
The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum's Blob Mob
27.11.2024
Content
Starknet launches phase 1 staking on Ethereum layer 2
26.11.2024
Starknet launched staking with a 20,000 STRK minimum requirement for solo staking while enabling delegation for broader participation
Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions
26.11.2024
Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...
Base sees record 106 TPS as total value locked crosses $10B
26.11.2024
Base is one of two Ethereum layer 2s with a TVL above $10 billion, making considerable ground since launching in August last year
Crypto Staking Goes Live on Starknet in First for Ethereum L2 Blockchains
25.11.2024
Starknet has become the first major layer-2 rollup on top of Ethereum to let users earn money by staking their tokens.Anyone who has at least 20,000 STRK tokens (roughly $12,000 at recent prices) can pledge the asset as collateral and earn rewards for validating transactions. Users with less than...
Sony’s Soneium Might Be the Answer to Mass Web3 Adoption
25.11.2024
If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in...
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
21.11.2024
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish
$47B in BTC may flow into Bitcoin L2s by 2030 — Galaxy Research
21.11.2024
Galaxy Research data revealed that $174 million had been invested in Bitcoin layer-2s between January and September.
Bitfinity Network launches Bitcoin L2 with $12M backing
19.11.2024
Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion
Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain
15.11.2024
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem
China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko
14.11.2024
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process
China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko
14.11.2024
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process
China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko
14.11.2024
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process
Consensys decentralizes Linea with new Swiss nonprofit association
13.11.2024
The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization
Ethereum Layer-2 Project Starknet to Roll Out Staking Feature Later This Month
12.11.2024
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout
Espresso, Project for Composability Between Blockchains, Pushes Main Product Live
11.11.2024
According to the team, the confirmation layer will be a critical piece of infrastructure for composability among layer-2 rollups, allowing for two networks to read and trust each other's blocks of transaction data
Nansen Expands to Bitcoin Layer 2, Will Provide Analytics for Bitlayer
11.11.2024
Nansen aims to pave the way for more efficient decision-making in the Bitcoin layer 2s empowered by the deeper insights its data and analytics provide
Nansen scales analytics beyond Ethereum with Bitcoin L2 integration
11.11.2024
By supporting Bitlayer, Nansen plans to build the foundation for deeper BTC L2 insights and more efficient decision-making
ENS Domains Unveils Namechain: A Layer 2 Solution for the Ethereum Ecosystem
11.11.2024
ENS Domains has announced the launch of Namechain, a purpose-built Layer 2 solution that marks a significant evolution in the Ethereum Name Service (ENS) ecosystem. This development is part of the broader ENS v2 initiative, aimed at reducing costs and enhancing performance for users. The team hopes...