Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption

Andre Cronje, co-founder of Sonic and yearn.fi, criticized the growing trend of creating Ethereum Layer 2s designed and tailored for a specific protocol or decentralized finance app (Appchains). Cronje detailed that this approach had many downsides, including the lack of infrastructure, zero possibilities of receiving support, centralization, fragmentation of liquidity, and the lack of a … Read more

What Are Based Roll-Ups? A Beginner’s Guide

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, author Gaz critiques Vitalik Buterin’s recent actions, while explaining the advancements in Ethereum scaling solutions like roll-ups, particularly focusing on “based roll-ups.” From Token … Read more

Uniswap Labs Introduces Scalability-Focused Ethereum L2

Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind. Unichain aims to lower costs by 95% compared to using the Ethereum blockchain and to … Read more

Sony Block Solutions Labs Introduces Soneium, an Ethereum L2 Project 

Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency, and a developer-friendly environment. The project’s goal is to make blockchain technology more accessible by integrating it into mainstream applications. Soneium: Sony’s Bold Step Into … Read more