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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...
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
11.10.2022
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,”...
Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
6.5.2022
Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens
Optimism saves users $1B in fees, raises $150M in Series B
18.3.2022
Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network
Choosing the Right Blockchain Scalability Solution to Build On
27.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Ethereum has benefited from its first-mover advantage in maintaining a strong developer community. According to a recent report, there are more people working on Ethereum than the rest of the layer...
BitMex awards its last developer grant to a Bitcoin scalability solution from MIT
24.8.2020
Can this project provide scalability without sacrificing security?
Ethereum Scalability Solution is Coming 'Soon,' says Vitalik Buterin
6.3.2020
Vitalik Buterin. Ethereum (ETH) has a plan to fix its well-known scaling issue, and co-founder Vitalik Buterin says the solutions will start rolling out soon.
In an interview with BLOCKTV this week, he said that scaling, a major Ethereum problem that's been pointed out many times, is something...
Buterin’s 'Ethereum+Bitcoin Cash' Scalability Solution Draws Criticism
15.7.2019
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
A new Ethereum scalability solution, which would include using the Bitcoin Cash (BCH) blockchain as the data layer, proposed by Ethereum co-founder Vitalik Buterin, was met with a wave of criticism....
RIF Labs Launches 3rd-Layer Scalability Solution Capable of Processing Up to 5K TPS
15.5.2019
RIF Labs — the organization behind behind off-chain bitcoin infrastructure layer RIF OS — has launched a third-layer scalability solution for its technology