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BNB Chain Releases Layer 2 Testnet Based on Optimism's OP Stack
19.6.2023
Developers expect the opBNB blockchain to reach speeds of 4,000 transactions per second at a targeted cost of 0.005 U.S. cents per transaction
Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M
19.6.2023
The total value locked has increased by 12% in one week, according to data source L2Beat
Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise
15.6.2023
Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.
As of June 14, 2023, the company has introduced its 'Send Globally' service to the third largest country in Latin America....
Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift
14.6.2023
Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem
Ethereum’s Buterin Releases Roadmap Addressing Scaling, Privacy, Wallet Security
9.6.2023
In his blog post, Buterin shares that the network needs to address these components simultaneously, otherwise the blockchain fails
Metronome now supports Optimism, a Layer 2 solution
8.6.2023
Optimism, which is an upcoming layer 2 solution, has been incorporated into Metronome. With the assistance of Metronome Synth and Smart Farming, all DeFi users will be able to execute efficient and economical formulas. This will, in turn, expose them to reduced network fees and provide them with...
Arbitrum Temporarily Stopped Processing Due to Software Bug
8.6.2023
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
6.6.2023
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software
Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain
6.6.2023
Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times
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."
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...
Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark
2.6.2023
The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.”
Germany's Deutsche Telekom plugs in as Polygon validator
1.6.2023
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon
RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
26.5.2023
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals
Coinbase's Base network publishes 'path to mainnet' outlining roadmap
24.5.2023
The testnet must perform the Bedrock upgrade and go through audits and stability tests before mainnet launch
Thirteen years after first Bitcoin purchase, layer-2 solutions struggle to gain traction
22.5.2023
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
Optimism's major mainnet upgrade to Bedrock set for June 6
16.5.2023
The much needed upgrade will provide a number of improvements across the network, and come at a time when competition in the Layer 2 space has been heating up
Cardano Price Forecast: Hydra Scaling Solution Gains Attention Amid Ethereum Gas Fee Surge – Is It Time to Buy?
11.5.2023
Cardano (ADA) continues to hold above its 200-Day Moving Average just above $0.3500, but sell pressure appears to be building.
Nonetheless, price forecasts are becoming more downbeat....
Read More: Cardano Price Forecast: Hydra Scaling Solution Gains Attention Amid Ethereum Gas Fee Surge – Is...
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
9.5.2023
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog...
Aave V3 launches on Ethereum layer-2 network Metis
8.5.2023
Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis