China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process. Go to Source
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Coinbase-backed Base to improve decentralization with fault proofs
Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to mainnet. Go to Source
Blockstream secures $210M debt funding for Bitcoin layer-2 strategy
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe. Go to Source
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
Ethereum layer-2 Scroll tips native token launch
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said. Go to Source
Ethereum L2 Platform Linea Integrates Chainlink’s Cross-Chain Protocol
The layer two platform Linea has teamed up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability. Linea Expands Ecosystem With Chainlink’s CCIP Linea, an Ethereum layer two (L2) network, recently shared news … Read more
Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses
Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26. Go to Source
Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within two prominent networks: Core and Bitlayer. Core and … Read more
‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet. Go to Source
Fractal Bitcoin: good or bad for mining revenues?
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated. Go to Source
