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White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
20.5.2024
The paper, released in 2014, lays the foundations for blockchain privacy and scaling
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
Polygon’s ZK-rollup Ethereum scaler Miden hits testnet
7.5.2024
The Ethereum layer-2 scaling solutions provider is going up against StartWare’s tech stack Starknet
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
16.4.2024
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021
Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks
4.4.2024
Ethereum Layer 2 network Zircuit has surpassed $1 billion in pre-mainnet deposits within a mere six weeks since opening its doors to investors.
The post Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks appeared first on Cryptonews
Are Bitcoin Developers Losing Faith in Lightning?
2.4.2024
High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution
Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit
29.3.2024
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade...
Japanese Crypto Influencer Calls Ethereum Improvement Proposal 4844 a ‘Layer 1 Middle Ground’
24.3.2024
According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant...
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...
Where Did We Go Wrong With Ethereum Scaling?
11.3.2024
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
19.2.2024
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...
Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution
8.1.2024
Polygon’s NFT volume hit a 6-month high in December 2023, surpassing $10 million in daily sales. Image by itsmaku, Adobe Stock. The NFT market on the Polygon blockchain network saw considerable growth and renewed interest in December 2023, according to data from market trackers CryptoSlam...
Ethereum L2 Starknet aims to decentralize core components of its scaling network
16.11.2023
Starknet has laid out its road map to begin decentralizing core components of its Ethereum layer 2 scaling network to defend against censorship and improve robustness
Ethereum layer 2’s will continue to have diverse approaches to scaling - Vitalik Buterin
31.10.2023
Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer 2 ecosystem, highlighting the diverse approaches to scaling the smart contract blockchain
Idealistic Ethereum community-built zkEVM Scroll launching in weeks
18.9.2023
Scroll co-founder Ye Zhang is aiming for a community-driven decentralized immutable scaling solution for Ethereum
BNB Chain Optimism-powered layer-2 opBNB hits mainnet
13.9.2023
Binance’s Ethereum layer 2 scaling platform opBNB is now publicly available, following extensive testing of the OP Stack-based platform
Are real world assets set to take market share?
13.9.2023
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength
What Is the Drivechain Proposal and Why Is It Dividing the Bitcoin Community?
5.9.2023
Drivechain, a Bitcoin improvement proposal that presents a way of scaling Bitcoin using sidechains, level two blockchains that receive bridged tokens from a parent chain, is generating a loud buzz on social media from supporters and detractors. While Paul Sztorc, the author of the Drivechain...
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...
Shibarium Surpasses 1 Million Wallets in Meteoric Rise, But SHIB and Associated Tokens Face Turbulent Waters
4.9.2023
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of over 4% in the past week and a substantial drop...