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Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030
4.4.2024
Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in processing capacity, data storage, and computation. Despite acknowledging the potential...
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...
Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes
1.4.2024
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2
Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis
29.3.2024
In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient...
The Protocol: Meme Coins (and Pepe's Best Friend) Swarm Coinbase Layer 2 Chain
27.3.2024
The meme coin frenzy that drove up activity – and failed transactions – on Solana appears to have quickly migrated to Base, Coinbase's six-month-old layer-2 blockchain. Who is the blue-faced creature behind the $BRETT token?
The Munchables Hack Is Way Worse Than It Seems
27.3.2024
Apparently orchestrated from North Korea, the $63 million hack adds grist to the argument that crypto exploits pose a plausible national security risk
Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
27.3.2024
The rally in the MNT token pushed the market cap of the blockchain to over $4 billion
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
27.3.2024
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Stacks Accelerates Toward Mainnet With Strategic Nakamoto Testnet Rollout
26.3.2024
The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks...
Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
24.3.2024
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors.
The post Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets appeared first on Cryptonews
From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions
23.3.2024
In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024,...
Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto
22.3.2024
Espresso Systems raises $28 million in Series B funding led by a16z crypto to enhance Ethereum Layer 2 scalability and rollup interoperability through its marketplace.
The post Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto appeared first on Cryptonews
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
21.3.2024
The shared sequencer leading firm said that the round would further invests in their products as well as additional hires
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
20.3.2024
The Ethereum layer-2 chain's status page warns users of high fees and slowdowns as traders flock to new Base meme coins
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...
Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature
20.3.2024
The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter of 2024, released Wednesday
Particle Network Releases Modular Layer 1 for Chain Abstraction and Universal Accounts
20.3.2024
Particle Network has introduced its modular Layer 1 solution for chain abstraction and universal accounts, aimed at simplifying user interactions across multiple blockchains. The design of this modular Layer 1 makes it an ideal tool for both new and existing ecosystems to leverage. Particle Network...
Optimism Finally Starts Testing 'Fault Proofs' at Heart of Design – and of Criticism
19.3.2024
A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Ethereum's Sepolia test network on Tuesday
Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move
15.3.2024
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain
Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility
14.3.2024
In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets...