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Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z
18.3.2022
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round....
A16z, Paradigm Lead $150M Round for Ethereum Scaling Solution Optimism at $1.65B Valuation
17.3.2022
A16z previously led Optimism’s $25 million Series A round
Cardano Introduces Pipelining: a New Consensus Layer Scaling Solution
2.2.2022
Cardano recently upgraded its plumbing method with the latest consensus layer scaling solution, pipelining. It will be a major part of Cardano’s scaling plan in 2022 to assist the ever-growing Cardano ecosystem. With Cardano entering the Basho development phase, the network is focusing on meeting...
Polygon (MATIC): the Scaling Solution Token Could Hit New ATH
5.1.2022
Polygon, formerly known as Matic, is a popular framework and layer-2 scaling platform. It offers great features by enhancing the interoperability of the Ethereum blockchain and other compatible networks. Indeed, the price is stable and less volatile, so it gained lots of traffic this year. It...
ShibaSwap Developer Hints at Shiba Inu Layer 2 Scaling Solution Release
20.12.2021
Shiba Inu makes headlines again with Eric M hints at its Layer 2 scaling solution. The ShibaSwap developer briefly discussed the subject in a discord server primarily focused on SHIB. When asked by a user about Shiba Inu’s Layer 2 solution, Eric responded “soon” without presenting a specific time....
Consensys Launches Rollups Scaling Solution With Mastercard’s Support
18.12.2021
Consensys, an Ethereum software company, announced yesterday the launch of a new scaling solution for Ethereum, called “Consensys Rollups.” The company enlisted Mastercard programmers to design the solution, which aims to allow the network to reach a throughput of 10,000...
Polygon launches a zk-STARK scaling solution for DApp deployment
16.11.2021
The move is expected to improve the validation process for DApps on the Polygon network
Federated E-Cash Can Act as Bitcoin Scaling Solution
27.10.2021
David Chaum first introduced the concept of E-cash in 1983. Since then, it has been considered as one of the cornerstones to promoting honest transactions. The Federation of E-Cash is an entity constituted by independent members who act as distributed custodians for the creation of a multi-sig...
Check Out These 6 TikTok Videos That Will Become NFTs
1.10.2021
thereum">Ethereum (ETH), and powered by Immutable X, the first layer-2 scaling solution for NFTs on the blockchain, the company said
Screwing Up, Offlining, OpenSeaing and 20 Crypto Jokes
18.9.2021
target="_blank" rel="noopener noreferrer" href="https://cryptonews.com/news/solana-full-service-expected-soon-sol-recovering.htm">Solana mainnet was forced to go offline and was restarted, affecting the coin’s price, Ethereum L2 scaling solution Arbitrum’s TVL
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution
13.8.2021
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
EY publishes Ethereum scaling solution to the public domain
5.7.2021
Global auditing giant Ernst and Young has released the third iteration of its zero-knowledge proof Ethereum scaling solution
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants
29.4.2021
As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending. #Defiforall to Support Development...
No Optimism For Ethereum In March - L2 Scaling Solution Delayed
26.3.2021
Source: iStock/Ivan-balvan
After ignoring requests to comment on their progress by Cryptonews.com, the team behind Ethereum (ETH) scaling solution, Optimism, finally confirmed that the network's mainnet public launch is not happening in March. Their new "rough estimate" for the launch...
Double jump.tokyo signs up to layer-two scaling solution for NFTs
25.3.2021
The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers
Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution
12.3.2021
As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months...
Andreessen Horowitz leads $25m round for Optimism's L2 scaling solution
25.2.2021
Optimism has been on a hiring spree and plans to expedite its mainnet launch after securing backing from Andreessen Horowitz