Search Results for "layer-2"
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.”
Bitfinex to List TAIKO, Native Token of Ethereum Layer-2 Network Taiko
Bitfinex announces the listing of TAIKO, the native token of Taiko, an Ethereum-based Layer-2 network.
Understanding zkSync (ZK): A Comprehensive Overview
Explore zkSync, a Layer-2 protocol designed to scale Ethereum using zero-knowledge cryptographic proof-based technology, enhancing throughput while maintaining security and decentralization.
Celo Foundation: cLabs Introduces Dango, a New Layer-2 Testnet for Celo
cLabs unveils Dango, a Layer-2 testnet for Celo, enhancing blockchain performance and scalability with Optimism’s OP Stack.
Eigen Foundation Grants First Strategic Funds to Celo Foundation for Layer-2 Integration
Eigen Foundation grants its first strategic funds to Celo Foundation, enhancing Celo's Layer-2 with EigenDA's data availability.
Understanding Stacks (STX): Bitcoin's Layer-2 Solution for Smart Contracts
Explore how Stacks (STX) enhances Bitcoin by enabling smart contracts and DApps, leveraging Bitcoin's security while expanding its functionalities through a unique layer-2 network.
Ethereum's Base L2 Dominates Revenue with Priority Fees and DEX Activity
Base, an Ethereum layer-2 solution by Coinbase, leads in revenue generation due to its unique fee model and decentralized exchange activity, surpassing other top rollups.
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.
Base Layer-2 Protocol Shatters DEX Trading Volume Record with $1.21B Surge
Base, a prominent layer-2 Ethereum scaling solution, set a new trading volume milestone of $1.21 billion on decentralized exchanges, spearheaded by activity on Uniswap.
Binance Supports Optimism (OP) Network Upgrade and Hard Fork
Binance confirms support for Optimism (OP) network's upgrade and hard fork on January 12, 2024, enhancing Ethereum's Layer 2 scalability and efficiency.
Circle Integrates zkSync for USD Coin
Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.
Bitwise Explores ETP Offering for Ethereum Layer-2 Networks
Bitwise is eyeing an Exchange Traded Product (ETP) focused on Ethereum's layer-2 solutions, with CIO Matt Hougan confident in the ecosystem's potential.
