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Groundbreaking Launch: PAW Chain Unveils the World’s First Layer 3 Centric Blockchain
30.7.2024
PRESS RELEASE. The DeFi industry is about to experience a significant transformation with the launch of PAW Chain’s public mainnet. PAW Chain brings the world’s first Layer 3 centric blockchain into the spotlight, focusing on scalability, security, and interoperability. Unprecedented Processing...
Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base
23.7.2024
The $21 million funding effort was led by Pantera Capital, which contributed $18 million, and included funding from Makers Fund, Hashed, Mirana Ventures, and several other investors
Transak and Cometh Launch Industry-First Fiat-to-Layer 3 Crypto Onboarding Solution
31.5.2024
Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of crypto assets directly on Cometh’s L3 blockchain, Arbitrum Orbit....
Degen Chain Outage: Network Restored, L3 Debate Reignited
15.5.2024
Degen Chain, a prominent Ethereum layer-3 blockchain, experienced a two-day outage due to a configuration error, which affected its network and native DEGEN token. Explore the details of the disruption and its implications for layer-3 networks.
The post Degen Chain Outage: Network Restored,...
Degen Chain Back Online After Two-Day Hiatus
15.5.2024
The layer-3 blockchain for meme coins was offline for over 50 hours
Layer-3 network Degen Chain hasn’t produced a block in 53 hours
15.5.2024
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days
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
Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on Arbitrum
8.5.2024
Injective’s "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit
Shiba Inu layer 3 blockchain will energize blockchain landscape
7.5.2024
According to the chairman of Cypher Capital, the community’s passion and support are essential for the success of any blockchain project. Despite a turbulent and challenging 2023, Shiba Inu remains committed to their vision of creating an inclusive cryptosystem. The company is actively designing...
Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network
23.4.2024
Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...
Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes
1.4.2024
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2
Clique: Layer 3 of STP’s AI-Enhanced Gaming launched on Base
22.3.2024
STP announced the introduction of Clique on Twitter on March 21. Clique is a Layer 3 blockchain utilized for AI-Enhanced Gaming on Base, a brand new Ethereum L2 that Coinbase has incubated and is constructed upon the open-source OP Stack. The Base community has been giving significant attention...
Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit
20.3.2024
Playnance has announced the scheduled launch of PlayBlock, a Layer-3 gaming ecosystem developed on the Arbitrum Orbit.
The post Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit appeared first on Cryptonews
zkLink unveils $20M grant program for Layer 3 builders
12.3.2024
zkLink, a Zero-knowledge Layer 3 framework provider, has introduced a 20,000,000 $ZKL grant project for backing builders creating on zkLink. This grant project encourages inventiveness and improvement in the zkLing ecosystem by offering financial backing targeting builders engaged with projects...
Starkware to Launch ‘Cairo Verifier’ for Improved Layer 3 Scalability
10.2.2024
Starkware, in a collaboration with Herodotus Dev, is poised to launch the ‘Cairo Verifier,’ a system designed to verify cryptographic proofs on Starknet’s Layer two. This innovation aims to circumvent the Ethereum mainnet, offering a solution to the comparatively costly and slow...
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
8.2.2024
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet
Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up
20.12.2023
Avail's new "data availability" solution, currently in testing, and Madara, which is Starkware's sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or "appchains."
State Channels ‘Significantly Reduce Congestion and Transaction Fees,’ Ideal for Decentralized Exchanges — Louis Bellet
28.10.2023
According to Louis Bellet, the founder of the Layer-3 peer-to-peer protocol Yellow Network, crypto trading has not scaled largely because it remains unregulated in many places which in turn “greatly slows down its growth and produces tons of scams.” In contrast, traditional finance...