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Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
29.5.2024
Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025
ENS Labs proposes Layer 2 expansion of Ethereum Name Service
29.5.2024
ENS Labs proposes that the Ethereum Name Service (ENS) be expanded to Layer 2 (L2), and the entire exercise be referred to as ENSv2 from this point forward. The company is not only transferring the fundamental components of the ENS protocol, but they are also transferring their extensive expertise...
Magic Integrates Etherlink to Enhance Tezos dApp Development
29.5.2024
Magic partners with Etherlink to boost Tezos dApp development with enhanced scalability and security, improving user and developer experiences by combining wallet SDK with EVM-compatible layer 2 solution.
The post Magic Integrates Etherlink to Enhance Tezos dApp Development appeared first...
Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees
29.5.2024
Domain naming system Ethereum Name Service (ENS) has proposed an ENSv2 upgrade migrating to Layer 2 to reduce gas fees and increase transaction speeds.
The post Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees appeared first on Cryptonews
Anurag Arjun, Co-founder of Avail, on Scaling Ethereum, The Future of L2s, Rollups, and Why Crypto Needs a Unification Layer | Ep. 338
28.5.2024
Avail co-founder Anurag Arjun discusses rebranding Matic to Polygon, establishing Avail to provide the infrastructure for future crypto, rollups as blockchains' future, and Avail's two essential components to support that future: data availability (DA) layer and the unification layer, Nexus.
The...
Starknet launches $25M token incentive for top projects
28.5.2024
This marks the first installment of Starknet’s Catalyst program, aiming to incentivize blockchain development on the network
Polygon Labs co-founder Sandeep Nailwal assumes new ZK role
28.5.2024
Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK
Aave Network Set to Launch Following Aave V4 Protocol
28.5.2024
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest...
Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
28.5.2024
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
28.5.2024
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum
Unveiling Polygon's AggLayer: Insights from co-founder Brendan Farmer
27.5.2024
Diving into the Aggregate Layer with Brendan Farmer to determine the implications it will have upon latency, liquidity fragmentation, and more
L1 Blockchain Aptos Sets New Transaction Record, Surpassing Solana with 115.4M Daily Transactions
27.5.2024
Aptos, a layer-1 blockchain platform developed by former Facebook employees, has set a new record in blockchain transactions.
The post L1 Blockchain Aptos Sets New Transaction Record, Surpassing Solana with 115.4M Daily Transactions appeared first on Cryptonews
Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion
27.5.2024
The TVL of Ethereum Layer 2s have reached a historical record of $47 billion, with key contributors including Arbitrum One, OP Mainnet, Base, and Blast.
The post Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion appeared first on Cryptonews
Aptos hits all-time high in user transactions
26.5.2024
The recent surge in transactional activity on Aptos is attributed to the launch of Tapos Cat, a new tap-to-earn game that has gained rapid popularity. \
Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana
24.5.2024
The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
23.5.2024
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
23.5.2024
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains
Layer 2 vs. Execution Sharding: Vitalik Unveils the core distinctions
23.5.2024
The key difference between layer 2 and execution sharding lies in the variety of execution environments. The Ethereum L2s have successfully performed the roles of execution environments, and the focus of the discussions of the contemporary age is on the EVM equivalent of layer 2. Approaches like...
StarkWare ZK Threads solution could prevent fund lockups similar to FTX
23.5.2024
StarkWare's ZK Threads introduce a new scaling framework to prevent fund lockups and improve dApp scalability, potentially averting scenarios like the FTX disaster
Witness Chain uses Polygon CDK for DePIN coordination layer development
22.5.2024
Witness Chain has announced plans to develop the DePIN Coordination Layer (DCL) with the help of the Polygon CDK (Chain Development Kit). There are multiple functions that the DCL is intended to fulfill. To start with, it opens the door for the development of composite DePIN DApps, which combine...