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Linea blockchain halt highlights slow decentralization of Ethereum L2s
3.6.2024
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future
An Introduction to Bitcoin Layer Two Solutions
2.6.2024
Bitcoin, the pioneer of blockchain technology, has faced challenges as its adoption has grown. With its original design allowing only seven transactions per second, the network often struggles with scalability, leading to high fees and slower transaction times. To address these issues, Bitcoin...
Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030
4.4.2024
Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in processing capacity, data storage, and computation. Despite acknowledging the potential...
Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
27.3.2024
Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive...
Optimism Foundation Executes $89 Million OP Private Token Transaction
8.3.2024
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...
Marathon Announces Anduro Layer Two Platform to Advance Bitcoin’s Capabilities
2.3.2024
Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains designed to expand Bitcoin’s standard...
Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap
17.2.2024
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network....
Ethereum to Launch Dencun Upgrade March 13, Introducing ‘Blobs’ for Layer Two Scaling
10.2.2024
The Ethereum network is set to roll out the Dencun upgrade, aiming to significantly enhance data storage and transaction efficiency through the implementation of EIP-4844, known as “Proto-Danksharding.” Ethereum Set to Undergo Major Upgrade With Dencun Rollout on March 13 The Ethereum mainnet...
Is Manta Network Going to Crash? MANTA Price Drops 5% as New Cloud Mining Project Lures Global Investors
31.1.2024
The Manta price has dived by 10% in the past 24 hours, falling to $3.17 as the wider crypto market endures a 2.5% loss today. Despite this fall, MANTA remains up by 13% in the past week, as well as 57% up since the layer-two coin listed earlier in the month. Yet it has lost […]
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Is Mantle Going to Crash? MNT Price Falls 5% as New Mining System Receives $9.8 Million in Funding
30.1.2024
Mantle has gained by a modest 0.4% today, with the MNT price rising to $0.6034 in the past 24 hours, as the wider market increases by 2.5%. MNT is now flat in the past week and down by 17% in the last 14 days, with the layer-two token also having fallen by 8% in a […]
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Spartan Group’s Report Reveals Bitcoin’s Untapped Potential via Emerging Layers
20.1.2024
A new report details how Ordinals and other layer-two innovations can reshape Bitcoin’s role in the digital economy, moving it beyond just a store of value. New Report Outlines How Bitcoin Can Evolve to a Multi-Layered Ecosystem The “Bitcoin Layers” report, produced by...
Vitalik Buterin Debates Over Blockchain Scaling Terminology
18.1.2024
Amid the rapidly evolving Ethereum ecosystem, Vitalik Buterin has rejoined the debate on the classification of layer-two scaling solutions, putting the spotlight on the security and scalability trade-offs between rollups and validiums. Vitalik Buterin Weighs in on Ethereum Layer-Two Inclusion...
Stablecoins Built on Bitcoin — Lightning Labs Launches Taproot Assets Mainnet Alpha
19.10.2023
Lightning Labs has released the mainnet alpha of its Taproot Assets daemon, advancing the project that seeks to enable stablecoins and other token assets on the Bitcoin blockchain. The software provides developers with tools to begin issuing and managing assets on Bitcoin and integrating them with...
The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains
28.9.2023
Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...
Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume
28.7.2023
With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival...
L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum
8.10.2022
Vitaly Yakovlev is CTO at DeFi platform ZKX.__________
This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. ...
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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.”
Layer 2 address activity slows, but Arbitrum bucks the trend
1.3.2022
Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently
Ethereum layer two TVL reaches all-time high
22.11.2021
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion
Ethereum Layer-two developer StarkWare valued at $2B following $50M raise
17.11.2021
Sequoia Capital led ZK-Rollup protocol StarkWare’s Series C funding round