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OKX releases new zKEVM Layer-2 network ‘X1’ using Polygon CDK
15.11.2023
OKX recently announced the release of its new zkEVM layer-2 network, X1. The exchange has only launched a testnet of the network for now. The leading Web3 ecosystem collaborated with Polygon Labs to design the network. The secure and highly performant Ethereum-based ZK L2 network has been built...
OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
14.11.2023
OKX partners with Polygon Labs to test new layer-2 network X1. Image by AndriiKoval, Adobe Stock. On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform Polygon Labs to launch a test network for X1, a new zkEVM layer-2 solution designed to improve...
Coinbase open sources code for layer-2 network Base
20.10.2023
Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build "in the open.”
Base Network hits almost 2M transactions in a day, still lags Polygon, BSC
17.9.2023
Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC
Coinbase layer-2 network Base hits 136,000 daily active users
11.8.2023
Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior
Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum
17.7.2023
The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility
Coinbase’s Ethereum Layer-2 Network, Base, Nears Mainnet Launch
30.6.2023
Coinbase’s layer 2 blockchain, Base, is preparing its mainnet launch after completing a series of security audits.
Base aims to attract as much as one million new crypto users in the next few years, Coinbase said in a press release.
Built on the OP stack in partnership with Optimism, Base’s...
Coinbase layer-2 network Base closes in on mainnet launch
30.6.2023
While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled 4 out of 5 of their criteria for launch
Aave V3 launches on Ethereum layer-2 network Metis
8.5.2023
Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis
Coinbase CEO hints its new layer-2 network could include AML measures
7.3.2023
Brian Armstrong said centralized firms have a responsibility to monitor transactions and carry out AML checks
Soaring growth of Ethereum layer-2 networks set to continue in 2023
19.1.2023
Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently
MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
20.4.2022
MakerDAO is currently the 4th largest DeFi protocol as per TVL rankings with $14.24 billion in locked value
El Salvador Will Be a Serious Test for Bitcoin's Layer-2 Networks
27.6.2021
A merchant in El Salvador’s El Zonte, or the Bitcoin Beach. Source: Twitter/@Bitcoinbeach
The adoption of legislation in El Salvador that could help foster the further development of bitcoin (BTC) as a store of value and medium of exchange in the country is one of the most important developments...