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The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism Foundation stated in its proposal, “The Bedrock upgrade is a major step … Read more
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, … Read more
With the vast potential of blockchain, even the staunchest of its critics seem to be coming around. That is, of course, depending on whom you speak to and which research you use. Reputable Big Four multinational Deloitte reports that three in four large companies see a compelling case for blockchain. Yet British research specialists at … Read more
