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Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live
1.3.2024
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million
Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs
21.2.2024
Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare
Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop
21.2.2024
The fourth airdrop from Layer 2 Ethereum network Optimism distributes $41 million in OP tokens to prioritize digital artists, acknowledging their work and contribution to the blockchain.
The post Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop appeared first on Cryptonews
Arbitrum Throws Hat In Ring for Celo's Migration to Layer-2 Blockchain
14.12.2023
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
Layer 2 networks hit $13 billion TVL but challenges still remain
15.11.2023
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
14.11.2023
The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum
Idealistic Ethereum community-built zkEVM Scroll launching in weeks
18.9.2023
Scroll co-founder Ye Zhang is aiming for a community-driven decentralized immutable scaling solution for Ethereum
Matter Labs CEO Alex Gluchowski Proposes Ethereum Hierarchical Court System for Enhanced Network Security
4.9.2023
In a recent X thread, Matter Labs co-founder and CEO Alex Gluchowski ignited a debate within the Ethereum community by proposing the creation of an "Ethereum Supreme Court" to address the ongoing challenges surrounding smart contract implementation risks in the decentralized finance (DeFi)...
What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
12.7.2023
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative...
Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'
5.6.2023
The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."
Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows
24.4.2023
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
Polygon tables late-March launch date for its zkEVM Mainnet Beta
15.2.2023
The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology
Offchain Labs acquires Ethereum core dev team Prysmatic Labs
13.10.2022
Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations
Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
11.10.2022
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution
Lido launches layer-2 Ethereum staking and LDO rewards
7.10.2022
Lido has around 40% of all the staked ETH on the Beacon Chain
Ethereum's L2 solution 'Optimism' rallies 300% in a month — will OP price gains sustain?
4.8.2022
Optimism eyes an increase in adoption after the Merge upgrade triggers Ethereum's "Rollup-Centric Roadmap."
6 Key Points in Vitalik Buterin's Vision for Ethereum Presented at EthCC
22.7.2022
Ethereum (ETH) co-founder Vitalik Buterin outlined his vision for the second-largest project’s future at the Ethereum Community Conference in Paris on Thursday.
The vision included an increased focus on security, stability, and decentralization, as well as the following key points:
Watch...
Ethereum staking service Lido announces layer-two expansion
19.7.2022
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
Optimism's OP Token in Roller Coaster Mode after a 'Turbulent Launch'
1.6.2022
OP token by Optimism, a second layer scaling solution for Ethereum (ETH), went on a roller coaster following a "turbulent launch" that led to unprecedented demand and caused delays on the Optimism blockchain mainnet....
Read More: Optimism's OP Token in Roller Coaster Mode after a 'Turbulent...
2022, the Year Layer 2 Takes Off
15.5.2022
Will Harborne is the Founder and CEO of non-custodial exchange DeversiFi.
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This is a pivotal year for Ethereum layer 2 (L2) solutions. What happens over the coming months will be critical in making decentralized finance (DeFi) work better, faster, and more reliably for a far greater...