LAYER 2
What is Shibarium?
Shibarium, a Layer 2 blockchain by the Shiba Inu project, aims to enhance scalability and reduce transaction fees. Its development is community-driven, fostering innovation and collaboration.
Polygon(Matic) to Slash zkEVM Transaction Fees by 20%
Polygon, the scalable Ethereum layer-2 solution, has announced its intent to optimize its zkEVM (Zero-Knowledge Ethereum Virtual Machine) in the coming weeks.
Ethereum Layer 2s See Surge in Popularity in Q1 2023
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.
DeFi Giants Launch on Ethereum Layer 2 zkSync Era
Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker, and Curve, are set to launch on zero-knowledge proof roll-up zkSync Era on March 24. The Ethereum layer 2 scaling network has opened to users in alpha after four years in development, enabling faster and cheaper transactions.
KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum
Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Coinbase Announces Launch of Ethereum Layer-2 Network
Coinbase will gradually decentralize the chain but not create a new network coin.
Total value locked in Ethereum-based Decentralized exchange
After community approval, Boba Network will instal Uniswap v3 as the sixth chain.
Starkware to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
SuperLayer Raises $25M With Backing from Polygon
SuperLayer, a blockchain venture studio, has secured $25 million in funding with backing from its strategic partner, Polygon Network - a Layer-2 scaling solution.
Ethereum Layer 2 Boba Network Raises $45M in Series A Funding
Ethereum Layer 2 project Boba Network has raised $45 million in its Series A funding round.
Ethereum Layer-2 Protocol Boba Network Values at $1.5B following $45m Funding
Boba Network, an Ethereum-based Layer-2 protocol Optimistic Rollup scaling solution, has successfully completed its Series A funding round in which it pulled as much as $45 million from investors.
Ethereum Layer 2 Startup Optimism Raises $150m in Series B Round
Ethereum scaling startup Optimism has secured a $150 million Series B round co-led by Andreessen Horowitz and Paradigm.
Billionaire Entrepreneur Mark Cuban Invests in Polygon,Driving it to Surge by 12645% on a Year-to-Date Basis
Today, Mark Cuban, an American billionaire entrepreneur, officially supports the Polygon network-which drives Polygon's token MATIC to surge by 12645% on a year-to-date basis.
