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Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on Arbitrum
8.5.2024
Injective’s "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit
Shiba Inu layer 3 blockchain will energize blockchain landscape
7.5.2024
According to the chairman of Cypher Capital, the community’s passion and support are essential for the success of any blockchain project. Despite a turbulent and challenging 2023, Shiba Inu remains committed to their vision of creating an inclusive cryptosystem. The company is actively designing...
Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network
23.4.2024
Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...
Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes
1.4.2024
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2
Clique: Layer 3 of STP’s AI-Enhanced Gaming launched on Base
22.3.2024
STP announced the introduction of Clique on Twitter on March 21. Clique is a Layer 3 blockchain utilized for AI-Enhanced Gaming on Base, a brand new Ethereum L2 that Coinbase has incubated and is constructed upon the open-source OP Stack. The Base community has been giving significant attention...
Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit
20.3.2024
Playnance has announced the scheduled launch of PlayBlock, a Layer-3 gaming ecosystem developed on the Arbitrum Orbit.
The post Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit appeared first on Cryptonews
zkLink unveils $20M grant program for Layer 3 builders
12.3.2024
zkLink, a Zero-knowledge Layer 3 framework provider, has introduced a 20,000,000 $ZKL grant project for backing builders creating on zkLink. This grant project encourages inventiveness and improvement in the zkLing ecosystem by offering financial backing targeting builders engaged with projects...
Starkware to Launch ‘Cairo Verifier’ for Improved Layer 3 Scalability
10.2.2024
Starkware, in a collaboration with Herodotus Dev, is poised to launch the ‘Cairo Verifier,’ a system designed to verify cryptographic proofs on Starknet’s Layer two. This innovation aims to circumvent the Ethereum mainnet, offering a solution to the comparatively costly and slow...
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
8.2.2024
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet
Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up
20.12.2023
Avail's new "data availability" solution, currently in testing, and Madara, which is Starkware's sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or "appchains."
State Channels ‘Significantly Reduce Congestion and Transaction Fees,’ Ideal for Decentralized Exchanges — Louis Bellet
28.10.2023
According to Louis Bellet, the founder of the Layer-3 peer-to-peer protocol Yellow Network, crypto trading has not scaled largely because it remains unregulated in many places which in turn “greatly slows down its growth and produces tons of scams.” In contrast, traditional finance...
Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet
26.10.2023
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain
Bitcoin centralized by corporate giants should not be feared – Michael Saylor
13.8.2023
During a recent podcast interview, Saylor explained that Bitcoin being bought and centralized by corporations should not be feared, and outlined three main reasons driving the need for custodians
Web3 social media protocol launches ‘layer 3’ to provide instant posts
26.4.2023
The new layer relies on Bundlr, a decentralized storage platform built on Arweave, for mass storage of social media data
Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model
17.3.2023
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum...
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
29.10.2022
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2...
Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
11.10.2022
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution
Ethereum’s Vitalik Buterin Has a Layer 3 Vision to Unleash Full Power of Crypto
21.9.2022
Ethereum (ETH) co-founder Vitalik Buterin always seems to be looking a step into the future – or three. While layer 2 (L2) is currently still developing, Buterin contributed to the layer 3 (L3) discussion, arguing that these could serve a different purpose(s), leaving scalability to L2s....
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