Search
Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April
13.3.2024
The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April.
The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...
Dencun Goes Live On Gnosis, Ethereum Next In Line
12.3.2024
The Ethereum Dencun upgrade has successfully launched on Gnosis Chain, showcasing its potential to lower transaction costs and significantly boost the performance of layer-2 solutions. Ethereum's mainnet activation is imminent, promising a more efficient and affordable blockchain experience...
Vitalik Buterin Voices Concern About Complex Layer 2 Solutions
22.2.2024
Ethereum co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions.
The post Vitalik Buterin Voices Concern About Complex Layer 2 Solutions appeared first on Cryptonews
Elastos Unveils New Bitcoin Layer-2 Network to Enable Bitcoin Staking
19.12.2023
Source: Pixabay Public blockchain project Elasto has unveiled BeL2, a ‘Bitcoin roll-up’ introducing Bitcoin staking and other comprehensive Layer 2 solutions. BeL2’s Rollup introduces the implementation of smart contracts, enabling irreversible digital agreements between parties...
Layer 2 solutions and the quest for decentralization. What lies ahead for Ethereum?
16.10.2023
As the cryptocurrency landscape has continued to evolve, Ethereum now stands at a pivotal crossroads, which stands to shape its future in a big way. While ETH’s price and market cap fell by 10% between July and September, the asset still outperformed Bitcoin by 2%. Moreover, as...
PayPal Deepens Crypto Footing With Layer-2 Solutions and NFT Patent Applications
29.9.2023
PayPal has filed a series of patent applications that indicate the payments giant aims to research and build up across multiple domains within the cryptocurrency ecosystem.
One of the latest patent applications, filed in March 2022 and made public on Thursday, delves into the selection process...
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
Ethereum layer-2 solutions may focus less on token incentives in the future
11.3.2023
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?
What the Ethereum Merge means for the blockchain’s layer-2 solutions
8.9.2022
Experts share their views on how the Merge would impact Ethereum’s scalability solutions in the form of layer-2 chains
How to Use Layer-2 Solutions to Save on Ethereum Fees: StarkWare
11.3.2022
Over 7,000 decentralized applications (dapps) are currently operating on the Ethereum (ETH) network. However, the Ethereum network was not originally designed for such a workload. Ethereum dapps have suffered from the chain’s scalability issues, which have caused transaction speeds to slow down...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Optimism
22.2.2022
Ethereum (ETH)’s scaling challenges have led to exorbitant gas fees that are increasingly excluding people from using the network to access decentralized finance (DeFi) applications or to mint non-fungible tokens (NFTs)....
Read More: How to Use Layer-2 Solutions to Save on Ethereum Fees:...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Immutable X
2.2.2022
The Ethereum (ETH) network has been struggling to scale, plagued with skyrocketing gas fees and slow transaction confirmation times. Following the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs) over the last two years, the strain on the network has become palpable...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Arbitrum
11.1.2022
Blockchain networks offer an option of decentralization, transparency, security, and trustless communication to facilitate new Internet-native economies. But many leading blockchains haven’t been able to accommodate their growing number of users. High adoption rates of Layer-1 (L1) chains have...
The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 Solution
2.12.2021
The Nervos Network is an open Blockchain platform for innovators to build applications that are decentralized, autonomous and universally accessible. They want to create an all-encompassing architecture that allows dApp developers to build once and reach all of these users, everywhere using layer...
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Polygon to Democratize NFT Interactions by Improving Approachability
19.5.2021
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...
Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution
12.3.2021
As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months...
IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
11.9.2020
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency...