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Nervos Network (CKB) gains 341% as DeFi and layer-2 development progress
1.4.2021
Nervos Network rallied 341% in a month as plans to launch a DeFi platform and new layer-2 offerings bear fruit
Rare Crypto Faucet and DeFi Apps Launch on xDai Chain
19.3.2021
PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after...
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...
‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced
10.3.2021
The Optimism-Dai Bridge will allow fast withdrawals later this year
Vitalik proposes solution to link certain layer-two scaling projects
3.3.2021
L2 DeFi protocols currently cannot communicate with each other, so Vitalik has proposed a fix
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
Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
23.2.2021
Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network
Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop
10.2.2021
Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level
Matic Network Now ‘Polygon’ as Platform Targets Ethereum’s L2 Woes
9.2.2021
Polygon is building a Layer 2 aggregator for sidechains, rollups and even whole blockchains in a bid to fix Ethereum’s transaction limitations
The Ethereum network is being turbocharged by layer-two solutions
14.1.2021
With Ethereum transaction fees still high, more layer-two powered platforms are emerging
DeFi integration and layer-2 tech back Matic Network’s (MATIC) 92% rally
8.1.2021
MATIC price has rallied by 92% since multiple decentralized applications opted to use the network’s layer-two solution and traders have looked to DeFi tokens for big returns
The Rise of Layer 2s Spells End for Altcoins
3.1.2021
Bitcoin is no longer limited to a single chain, meaning altcoins like ether are trending towards irrelevancy, says the neuroscientist and DeFi entrepreneur
Statechains Scaling Solution Offers New Potential for Bitcoin Privacy
30.12.2020
Statechains offer another way to scale bitcoin payments. New exploration has uncovered that statechains could boost Bitcoin privacy as well
Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari
3.12.2020
Popular crypto data provider Messari has predicted that roll-ups will beat out Layer 1 alternatives as the dominant scaling solution amid Eth2’s multi-year incubation
Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
1.11.2020
While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have...
Ethereum’s Vitalik Buterin Calls on Power Users to Move to Layer 2 Scaling
14.10.2020
Talking at CoinDesk's invest: ethereum economy event, the Ethereum founder called for users of the second-largest blockchain to move over to scaling solutions that are “already here."
DeFi projects rush towards Layer 2 as Ethereum clogs up
24.9.2020
Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees
Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai’s Layer 2
17.9.2020
"Ethereum is on the way to becoming a whale chain," said Gnosis co-founder Stefan George. That's why his team's tech is moving to xDai
DeFi mainstreaming impossible until DEXs integrate layer 2, experts say
13.9.2020
DeFi is booming again but experts caution that mainstreaming won’t occur without decentralized exchanges integrating layer 2 options
IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
11.9.2020
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency...