Tag: layer 2
Optimism Finally Gets Its Mission-Critical ‘Fault Proofs’
Similar "proof" technology is used by all layer-2 rollup networks, including Optimism competitors like Arbitrum. It's meant to ensure that a rollup's [...]
Bitcoin (BTC) Layer 2 Ark Protocol’s Team Forms New Firm as Lightning Network Competitor
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Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that pro [...]
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
The Fantom team also shared that once the Sonic chain goes live, expected sometime this year, the network will have its own native token, $S, “which w [...]
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
“This is a great sign of Starknet’s growth and maturity," said the CEO of StarkWare, Eli Ben-Sasson, in a statement to CoinDesk. "Starknet dared to be [...]
Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster
Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.
www.coindesk.com [...]
Celo Community Ratifies Plan to Use Optimism’s OP Stack for New Layer-2 Chain
“The OP Stack largely provides what is needed to deploy an L2. Minimal changes are needed to support Celo's unique features,” the proposal reads. “It [...]
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were [...]
Coinbase’s Base Chain Set to Propel Crypto Adoption into Mainstream with Layer 2 Innovations
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Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
“It's super cool to actually see them [Celo] be keen on OP Stack, do deep due diligence and look at all these chains,” said Ryan Wyatt, chief growth o [...]
Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving
STX, the native token of leading Bitcoin Layer 2 network Stacks, has risen nearly 20% to $2.87 since quadrennial halving reduced the per block coin em [...]
Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
According to a blog post from the Avail team, 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.” Recip [...]
Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain
The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.
www.coindesk.com [...]
Crypto Exchange OKX Goes Live With New Layer-2 Chain, Following in Footsteps of Coinbase
“We envision X Layer and other layer-2 chains as the highway infrastructure of the Web3 world, with dApps as the marketplaces and self-hosted wallets [...]
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
Zero-knowledge technology allows for data to be transferred securely and quickly between parties and is used to scale blockchains through rollups. Rol [...]