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From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
19.9.2023
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in...
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
Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution
16.9.2023
At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese...
Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech
14.9.2023
The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.
The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto...
Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
13.9.2023
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in crypto” and added that the integration of LN would...
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
Ethereum Layer 2 Activity Near All-Time High: L2s Become the New Norm
7.9.2023
Ethereum (ETH) has become the primary hub for the booming decentralized finance (DeFi) sector, hosting thousands of blockchain projects and decentralized apps (dApps).
These applications leverage the Ethereum blockchain to provide a wide range of services, including but not limited to finance...
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...
What Is EIP-4844? A Look at Proto-Danksharding and Its Effect On Rollup Fees
4.9.2023
Ethereum Improvement Proposal 4844 (EIP-4844), also known as Proto-Danksharding, introduces a set of changes that seek to lay the logic and “scaffolding” for scaling Ethereum through sharding but without adding sharding itself. Its implementation aims to reduce the transaction fees...
Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
2.9.2023
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside...
Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum
1.9.2023
Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
30.8.2023
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea
13th Africa Bank 4.0 Summit – West Africa: Scaling digitally upwards for a financially inclusive future
28.8.2023
Lagos, Nigeria – Date* – Joined by ICPS as Presenting Partner, the 13th Africa Bank 4.0 Summit – West Africa, will be hosting a Fintech Startup Investor Forum (October 10), a 2-day conference (11th – 12th October) and Africa Bank Awards – West Africa (12th October evening) Following...
Shytoshi Kusama shares scaling update for Shibarium
28.8.2023
Shibarium is live, said Shytoshi Kusama in a blog post. The community has started embracing the native blockchain already. There is a little question, though, about how far it will scale in the time to come. Shytoshi Kusama did not waste a second to address this aspect. They have gone on to inform...
Binance Labs merge with Pendle Finance: Scaling DeFi Yield & LSDfi
24.8.2023
Pendle Finance, a DeFi protocol that specializes in tokenizing and trading yield-generating assets, has been acquired by Binance Labs, its venture capital and incubation group. This further shows how serious Binance Labs is in pushing forward projects that seem to be very promising and have...
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
22.8.2023
Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month
$26M ETH bridged: ConsenSys completes public launch of zkEVM Linea
16.8.2023
ConsenSys’ Ethereum scaling network Linea is now fully public, having processed over three million transactions and bridging $26 million in Ether