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Vitalik Buterin Foresees Diverse Scaling Strategies for Ethereum L2 Solutions
31.10.2023
Ethereum’s co-founder, Vitalik Buterin, has released a comprehensive analysis that delves deep into the intricate world of Layer 2 (L2) solutions on the blockchain. Different types of layer 2shttps://t.co/ry4VTtWhJ1 — vitalik.eth (@VitalikButerin) October 31, 2023 In a chain analysis...
Ethereum layer 2’s will continue to have diverse approaches to scaling - Vitalik Buterin
31.10.2023
Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer 2 ecosystem, highlighting the diverse approaches to scaling the smart contract blockchain
L2 Scaling Solution Polygon Rolls Out POL Smart Contract on Ethereum Mainnet
26.10.2023
Polygon Labs, makers of the Polygon network, has announced the rollout of its much anticipated POL smart contract token on the Ethereum mainnet. The Polygon team shared this exciting development on X (formerly Twitter), explaining that the new token upgrade is intended to replace the age-old MATIC...
Lightning Network Developer States Disclosed Vulnerability Is Not an ‘Intentional Backdoor,’ Calls for Responsible Journalism
25.10.2023
Antoine Riard, a security researcher and developer who exposed a vulnerability in the Lightning Network, Bitcoin’s scaling layer, has clarified this vulnerability is not an “intentional backdoor,” addressing statements made on social media. Riard stressed the problem had been...
Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
23.10.2023
Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds...
Ethereum Layer-2 Scaling Solution Scroll Goes Live
17.10.2023
Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps).
According to the open letter by the L2 network blog on October 17, the launch of Scroll mainnet...
Bob Bodily, CEO of Toniq, on Scaling Bitcoin and Ordinals | Ep. 273
13.10.2023
In an exclusive interview with cryptonews.com, Bob Bodily, CEO and Co-Founder of Bioniq, talks about ways to scale Bitcoin, Ordinals marketplace wars, and Bitcoin side-chains like ICP....
Read More: Bob Bodily, CEO of Toniq, on Scaling Bitcoin and Ordinals | Ep. 273
River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years
13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...
BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev
13.10.2023
Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet
Circle Begins Native Minting of USDC Stablecoin on Layer-2 Scaling Solution Polygon
10.10.2023
Circle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.
According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution.
This ends the bridged USDC from...
The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains
28.9.2023
Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...
Eclipse Announces Solana-Powered Ethereum Rollup
22.9.2023
Eclipse, an organization that allows for the construction of customizable rollups, has announced the architecture of its Eclipse mainnet, a Solana-powered Ethereum layer two (L2) scaling rollup. The rollup will benefit from using the Solana Virtual Machine as an execution layer, leveraging this...
What Are Rollups? Ethereum’s Main Scaling Solution Examined
20.9.2023
Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....
From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
19.9.2023
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in...
Idealistic Ethereum community-built zkEVM Scroll launching in weeks
18.9.2023
Scroll co-founder Ye Zhang is aiming for a community-driven decentralized immutable scaling solution for Ethereum
Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution
16.9.2023
At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese...
Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech
14.9.2023
The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.
The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto...
Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
13.9.2023
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in crypto” and added that the integration of LN would...
BNB Chain Optimism-powered layer-2 opBNB hits mainnet
13.9.2023
Binance’s Ethereum layer 2 scaling platform opBNB is now publicly available, following extensive testing of the OP Stack-based platform
Are real world assets set to take market share?
13.9.2023
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength