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Nalezeno "Layer Two": 149

Blockstream Completes $210 Million Convertible Note Financing Round

15.10.2024
Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm, the funds will be directed toward accelerating the adoption and development...

Mint Blockchain Secures $1.35 Million Grant From Optimism Governance

15.10.2024
Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to...

TRAC and TAP Protocol: An Innovative Bitcoin Layer One Solution

12.10.2024
Until recently, the Bitcoin ecosystem hasn’t seen much development. Now it is rapidly evolving, with numerous projects aiming to enhance Bitcoin’s scalability and functionality. In this early stage, there are many methods being tried out to expand Bitcoin’s rather limited capabilities from...

Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

18.9.2024
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...

Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution

16.9.2024
BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications....

Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

31.8.2024
According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally...

Zksync Introduces Community Governance With ZK Nation

10.6.2024
Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active community participation. ZK Nation: New Governance...

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...

Aave Network Set to Launch Following Aave V4 Protocol

28.5.2024
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest...

Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future

19.5.2024
Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware requirements, and staking dynamics. Ethereum...

Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface

10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...

Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking

2.5.2024
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States....

Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality

24.4.2024
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade...

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

29.3.2024
In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient...

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