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Nalezeno "L2 scaling solution": 107

Vitalik Buterin Touts Plasma Technology; OMG Token Briefly Skyrockets 16%


Source: youtube/ VICE News Ethereum founder, Vitalik Buterin, touted emerging Plasma technology in a new blog post this week, prompting the Plasma-supported OMG Network’s native token to skyrocket by 16%. A unique scaling solution “Plasma is a class of blockchain scaling solutions that allow...

Polygon Labs Launches $85 Million Developer Fund to Attract Web3 Talent


Polygon Labs launches major funding to draw blockchain developers. Image by akif, Adobe Stock. On Thursday, Ethereum scaling solution Polygon Labs announced the launch of an $85 million grant program with the goal of attracting top Web3 talent to build on its network. The initiative will provide...

L2 Scaling Solution Polygon Rolls Out POL Smart Contract on Ethereum Mainnet


Polygon Labs, makers of the Polygon network, has announced the rollout of its much anticipated POL smart contract token on the Ethereum mainnet. The Polygon team shared this exciting development on X (formerly Twitter), explaining that the new token upgrade is intended to replace the age-old MATIC...

Ethereum Layer-2 Scaling Solution Scroll Goes Live


Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps). According to the open letter by the L2 network blog on October 17, the launch of Scroll mainnet...

What Are Rollups? Ethereum’s Main Scaling Solution Examined


Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....

Mantle Introduces New Governing Body for Treasury Management


The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH

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