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Vitalik Buterin envisions Layer 2s as cultural extension of Ethereum
30.5.2024
Vitalik Buterin, co-founder of Ethereum, has shared his vision for Layer 2 solutions, describing them as cultural extensions of the Ethereum ecosystem. This perspective highlights the technical importance of these scaling solutions and how they contribute to the broader Ethereum community...
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
Vitalik Buterin: L2s are ‘cultural extensions’ of Ethereum
30.5.2024
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs
ENS Labs proposes Layer 2 expansion of Ethereum Name Service
29.5.2024
ENS Labs proposes that the Ethereum Name Service (ENS) be expanded to Layer 2 (L2), and the entire exercise be referred to as ENSv2 from this point forward. The company is not only transferring the fundamental components of the ENS protocol, but they are also transferring their extensive expertise...
Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees
29.5.2024
Domain naming system Ethereum Name Service (ENS) has proposed an ENSv2 upgrade migrating to Layer 2 to reduce gas fees and increase transaction speeds.
The post Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees appeared first on Cryptonews
Anurag Arjun, Co-founder of Avail, on Scaling Ethereum, The Future of L2s, Rollups, and Why Crypto Needs a Unification Layer | Ep. 338
28.5.2024
Avail co-founder Anurag Arjun discusses rebranding Matic to Polygon, establishing Avail to provide the infrastructure for future crypto, rollups as blockchains' future, and Avail's two essential components to support that future: data availability (DA) layer and the unification layer, Nexus.
The...
Starknet launches $25M token incentive for top projects
28.5.2024
This marks the first installment of Starknet’s Catalyst program, aiming to incentivize blockchain development on the network
Polygon Labs co-founder Sandeep Nailwal assumes new ZK role
28.5.2024
Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK
Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
28.5.2024
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network
Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion
27.5.2024
The TVL of Ethereum Layer 2s have reached a historical record of $47 billion, with key contributors including Arbitrum One, OP Mainnet, Base, and Blast.
The post Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion appeared first on Cryptonews
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
23.5.2024
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains
Layer 2 vs. Execution Sharding: Vitalik Unveils the core distinctions
23.5.2024
The key difference between layer 2 and execution sharding lies in the variety of execution environments. The Ethereum L2s have successfully performed the roles of execution environments, and the focus of the discussions of the contemporary age is on the EVM equivalent of layer 2. Approaches like...
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
22.5.2024
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack
Tristan Frizza, Founder of Zeta Markets, on Solana’s DeFi Layer 2 Plans, Perpetual Trading, and 2024 DeFi Summer | Ep. 336
21.5.2024
Tristan Frizza, the Founder of DeFi platform Zeta Markets, discusses how he came to build on Solana (encouraged by a chat with the chain’s founder), Solana’s congestion issues, building the first Solana L2, and how this will benefit Zeta and the wider community.
The post Tristan Frizza, Founder...
ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June
17.5.2024
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
10.5.2024
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure
Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech
10.5.2024
Franklin Templeton, has spotlighted Base, an Ethereum layer 2 (L2) network incubated by Coinbase, as a frontrunner in the realm of Social Finance (SocialFi) with its application, Friend.tech.
The post Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech appeared first...
Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report
10.5.2024
The Ethereum layer-2-based Gains Network was vulnerable to having all of its funds drained, according to Zellic.
The post Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report appeared first on Cryptonews
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
10.5.2024
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."
Optimism to roll out new Superchain features for layer-3 devs
9.5.2024
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain