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
Rollups
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Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me
The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress. Go to Source
Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless … Read more
Ethereum’s future rests on 10,000 blockchains
Ethereum layer-2s are proliferating, which means Ethereum will start looking like a much better prospect for new projects in the year ahead. Go to Source
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs. Go to Source
Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M
One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks. Go to Source
BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development
On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with the essential technological framework required for launching specific L2s on BNB Smart Chain … Read more
Ethereum’s proto-danksharding to make rollups 10x cheaper – Consensys zkEVM Linea head
Consensys zkEVM Linea head Nicolas Liochon says speed and execution will continue to increase as it tweaks its Ethereum layer 2 scaling solution. Go to Source
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory? Go to Source Powered by WPeMatico
Polygon spinoff launches testnet bridge to allow for low-cost layer 2s
Avail launched a bridge to transmit data availability attestations to Ethereum, potentially allowing for lower fees on some layer 2s. Go to Source Powered by WPeMatico
