Tag: Layer
Ethereum Has Layer 0 Power. But It Could Still Blow It
Before it becomes foundational infrastructure for the next stage of the internet, there are three risks that the blockchain needs to avoid, says Paul [...]
dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
Decentralized cryptocurrency exchange dYdX has launched its layer 1 blockchain with the creation of its genesis block which will operate using native [...]
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of i [...]
Ethereum (ETH) Revenues From Fees Drop to 3-Year Low Amid NFT Bust, Layer 2 Adoption
The proliferation of layer 2s, which have been developed to help Ethereum scale and increase its capacity, has also contributed to bringing down fees, [...]
Chainlink hits Ethereum layer 2 Arbitrum for cross-chain DApp development
Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application de [...]
Layer 2 Blockchain Optimism Sells 116M OP Tokens to 7 Large Buyers
The foundation also issued its third community airdrop earlier this week, with over 31,000 users receiving a share of 19.4 million tokens. Circulating [...]
Ethereum Layer 2 Economics and the Path to Scalable Growth
Of course, this process is still very nascent. And there are additional layers of the tech stack to monitor as well – such as the application layer, E [...]
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 bl [...]
BNB Chain’s Layer 2 Network opBNB Goes Live
“Scalability and security are the top priorities of opBNB,” said Arno Bauer, Senior Architect at BNB Chain, in a message to CoinDesk. “Before opening [...]
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster [...]
Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum
The Ethereum (ETH) ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly open sourced codebase Chain Development Ki [...]
Crypto Frenzy Passes Without Sending Ethereum Fees Sky High, in Win for Layer 2s
“Earlier, gas fees on Ethereum would spike during periods of high activity (high volatility events, NFT launches)," Messari’s Goel said. Now, the over [...]
PancakeSwap DEX Version 3 Goes Live on Ethereum Layer 2 Linea Mainnet
PancakeSwap is already available on Ethereum, BNB Chain, Aptos, Polygon zkEVM, zkSync Era and Arbitrum. The deployment follows a successful testnet ph [...]
Stablecoin Issuer Tether (USDT) Stops Support for Bitcoin Layer Omni Citing Lack of Demand
"Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. This led many ex [...]
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
Base, Coinbase’s new layer 2, has been fully operational for a week and has already seen an influx of bad actors. In the latest incident, crypto lende [...]