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What is layer 2 (l2)? layer 2 (l2) news, layer 2 (l2) meaning, layer 2 (l2) definition - Blockchain.News
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layer 2 (l2)

Ethereum’s Transaction Volume Hits a 5-Month High

Ethereum’s Transaction Volume Hits a 5-Month High

Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

Common Blockchain Misconceptions - Part 2 of 3

Common Blockchain Misconceptions - Part 2 of 3

Common Blockchain Misconceptions – Part 2 of 3

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap has deployed its contracts to five new networks. What should be expected of SUSHI's price in the next few days?

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

Ethereum Blockchain Now Has $2 Billion in Bitcoin as BTC Fever Taking Over DeFi Investors

Ethereum Blockchain Now Has $2 Billion in Bitcoin as BTC Fever Taking Over DeFi Investors

Currently, Ethereum holds more than $2 billion worth of Bitcoin on its blockchain, as investors are getting creative with BTC and anticipating its next bull run.

Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX

Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX

Decentralized exchange platform Uniswap, recently became the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked (TVL).

Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin

Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin

Square’s Cash App Q3 report shows that Bitcoin has overtaken all other revenue sources and accounts for 80% of its entire $2 billion third-quarter revenue.

Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History

Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History

According to an on-chain analyst only less than 2% of the world's population own Bitcoin.

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