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TON flips ETH in daily active users, but that’s not the full picture
13.6.2024
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s
Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet
12.6.2024
The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services. OP Labs, the firm responsible for building the Optimism protocol,...
‘Bitcoin Layer 2’ sidechains aren’t really L2s: There is a better way
12.6.2024
Money has pumped into 73 Bitcoin ‘Layer-2’ scaling solutions this year. But many are just insecure sidechains. There is a better way
MultiversX boosts layer-2 transaction speed with Sovereign Chains
11.6.2024
Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains
ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect
11.6.2024
According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."
Optimism Finally Gets Its Mission-Critical 'Fault Proofs'
10.6.2024
For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here
Base TVL surges to $8B just days after overtaking OP Mainnet
10.6.2024
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months
Friend.tech's plan to develop own blockchain leaves users confused
9.6.2024
Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain
The Protocol: Another Episode in the Layer-2 Teams Drama
5.6.2024
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
Tezos Paris upgrade: Faster L2 transactions, lower Fees
5.6.2024
Tezos’ 16th upgrade is now live on the mainnet, reducing block finality times to just 10 seconds. This improvement aims to enhance layer-2 scalability in the future
Coinbase’s Base Ethereum Layer-2 network sees a rise in activity
5.6.2024
Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation. Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...
Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor
4.6.2024
Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid
4.6.2024
The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors...
Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD
3.6.2024
Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch
Linea blockchain halt highlights slow decentralization of Ethereum L2s
3.6.2024
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
30.5.2024
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have...
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
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