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Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade

14.3.2024
A Blast block explorer reported that the Blast network had encountered a disruption in block production due to the Ethereum Dencun upgrade. The post Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade appeared first on Cryptonews

Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April

13.3.2024
The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April. The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...

Is It Too Late to Buy Avalanche? AVAX Price Soars 19% with Spotlight on Upcoming Green ICO as Next Big Thing

13.3.2024
Developer-oriented layer-1 solution Avalanche price has seen its AVAX token soar +19% as Bitcoin pushes new highs. This article will provide an analysis of AVAX’s current price trends and look to see whether an innovative DEPIN crypto, eTukTuk, represents a more promising investment opportunity...

NEAR Price Up 77% But All Eyes on New Eco-Friendly Bitcoin Project as the Next Big Gainer

13.3.2024
As the AI narrative hits fever pitch ahead of the Nvidia AI conference 2024 (GTC 2024), promising layer-1 Near Protocol is undergoing a major rally. This article will provide an analysis of NEAR’s current price trends and look to see whether a newer eco-friendly Bitcoin beta play, GBTC, represents...

Debating Dencun: Will Ethereum's Big Update Help or Harm the Network?

13.3.2024
While Ethereum's rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire

Ethereum Price Prediction as Dencun Upgrade Successfully Goes Live – Where Next for ETH?

13.3.2024
The Ethereum (ETH) price is consolidating just below $4,000 and close to multi-year highs in wake of the successful implementation of the Dencun upgrade, that, amongst other things, is set to deliver a major boost to the Ethereum ecosystem via delivering a significant reduction in Ethereum layer-2...

Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live

13.3.2024
Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks

Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked

13.3.2024
Swell developed the rollup alongside Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer

Upgrade of Ethereum Will Lower Costs for Layer 2 Networks

13.3.2024
The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...

Ethereum Activates 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees

13.3.2024
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular transactions, and at a lower cost

Ethereum Challenger Monad Labs in Talks to Raise $200 Million

13.3.2024
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...

Ethereum Layer 2 Tokens gain interest before Dencun Upgrade

13.3.2024
The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...

Dencun Goes Live On Gnosis, Ethereum Next In Line

12.3.2024
The Ethereum Dencun upgrade has successfully launched on Gnosis Chain, showcasing its potential to lower transaction costs and significantly boost the performance of layer-2 solutions. Ethereum's mainnet activation is imminent, promising a more efficient and affordable blockchain experience...

Bitcoin Developers Forge Alliance to Standardize BRC-20 Tokens Amid Rising Popularity

12.3.2024
A coalition of Bitcoin developers have rallied to govern the BRC-20 fungible token standard as the Ordinals protocol surges in popularity. The coalition, which calls itself the Layer 1 Foundation, announced its new BRC-20 governance structure in a lengthy tweet on X on Monday. The Layer...

Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees

12.3.2024
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum

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...