Ethereum Layer 2

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Starknet Unveils Phase 1 of Staking Initiative, Paving the Way for Decentralization on Ethereum Layer 2

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Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby … Read more

Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption

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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

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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

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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