Tag: rollup
Movement Labs Raises $38M For Rollup Based on Facebook’s Move Language
Movement's funding round saw participation from venture capital firms including Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Cap [...]
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 [...]
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
“Rollups have enriched the greater Ethereum ecosystem with horizontal scalability and a diversity of execution environments, but at the expense of fra [...]
Swell Unveils Layer-2 Ethereum Restaking Rollup With $1B Total Value Locked
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Ethereum Activates ‘Dencun’ Upgrade, in Landmark Move to Reduce Data Fees
“Scalability is the fundamental unlock that enables permissionless collaboration between developers across projects and teams,” said Karl Floersch to [...]
StarkWare Plans New ‘Stwo’ Cryptographic Prover for Cheaper Transactions
A prover is a key component for layer-2s, since they generate proofs that are then posted to the base layer blockchain – a crucial process in linking [...]
Bitcoin Zero-Knowledge Rollup Citrea Raises $2.7M in Seed Funding
"We're hearing things like Citrea is better than Ethereum," Chainway Labs co-founder Orkun Mahir Kılıç told CoinDesk. "It'll be better with time, beca [...]
Polygon Labs, Developer of Layer-2 Networks, Releases ‘Type 1 Prover’ Said to Bring Ethereum Equivalence
Vitalik Buterin, the co-founder of the Ethereum blockchain, has previously written about the different types of provers, arguing that the benefit a Ty [...]
Ethereum Developers Target March 13 for Milestone 'Dencun' Upgrade on Mainnet
The timing for the long-awaited Dencun upgrade, with its much-touted "proto-danksharding" feature, was announced Thursday on a call with top developer [...]
Ethereum's Dencun Upgrade Reaches Final ‘Holesky’ Testnet, Starting Countdown to Data 'Blobs'
The test simulated “proto-danksharding,” a technical feature aimed at reducing the cost of transactions for rollups as well as making data availabilit [...]
Rollup Platform Dymension’s DYM Reaches $5.2B Valuation After Botched Start
As of Wednesday morning, validator “Big Brain Staking” holds over 35% of staked DYM tokens – attracting criticism from DYM holders for its large netwo [...]
Metis, the Ethereum Layer 2 Where Vitalik Buterin’s Mom Works, Creates ‘Metis Ecosystem Development Fund’
The fund, called the Metis Ecosystem Development Fund (Metis EDF), will allocate 4.6 million METIS tokens, which will all go to “sequencer mining, ret [...]
Arbitrum Throws Hat In Ring for Celo’s Migration to Layer-2 Blockchain
A notable fact about Arbitrum is that it's the largest layer-2 based on the key metric of "total value locked," or TVL, which represents deposits lock [...]
Blockchain Developer Lattice Unveils ‘Alternative Data Availability’ Network for Optimism
"We call it alternative data availability, because the transaction data is available off-chain, not on Ethereum. To maintain security with this archit [...]