Should you buy MATIC after Nike launched the NFT platform on Polygon?

One of the largest apparel companies, Nike has launched a new Web3 platform called . Swoosh aimed to offer Polygon (MATIC/USD)-based non-fungible token (NFT) products. Polygon is a blockchain scaling platform, one aiming to scale Ethereum (ETH/USD) compatible blockchain networks as a Layer-2 solution powered by the MATIC cryptocurrency. дальше »

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Should you buy MATIC after BitPay adds support for the cryptocurrency?

The crypto payments processing company BitPay now supports the Polygon protocol. Polygon (MATIC/USD) is one of the largest Proof-of-Stake (PoS) based, Layer-2 Ethereum (ETH/USD) scaling solutions out there that was originally launched in October of 2017. дальше »

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Polygon announced the release of the zkEVM testnet Hermez, can this increase the value of MATIC?

The decentralized Ethereum (ETH/USD) scaling platform Polygon (MATIC/USD) has rolled out the first public testnet for the Layer-2 solution, Hermez. This Polygon zkEVM testnet became available on October 10, 2022, enabling developers to create zero-knowledge applications using Solidity. дальше »

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Lido Finance launches layer-2 Ethereum staking- Decoding its impact on LDO

In a series of tweets made by Lido Finance [LDO] on 6 October, the leading Ethereum [ETH] staking platform confirmed the launch of ETH staking on layer two scaling solutions with token bridging to ArbThe post Lido Finance launches layer-2 Ethereum staking- Decoding its impact on LDO appeared first on AMBCrypto. дальше »

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Lido launches layer-2 Ethereum staking and LDO rewards

Lido has around 40% of all the staked ETH on the Beacon Chain.

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The MATIC study of an unprecedented hike with 'development' probe

Polygon, a layer-2 scaling solution on the Ethereum [ETH] network showcased some unprecedented rise. And, this movement was indeed enough to create headlines across the crypto community. So what exactThe post The MATIC study of an unprecedented hike with 'development' probe appeared first on AMBCrypto. дальше »

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Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Ethereum (ETH) founder Vitalik Buterin said the gas cost levied on Layer-2 solutions must be significantly lower before they can be “acceptable. ” Vitalik commented in response to a tweet by Ryan Sean Adams — a well-known crypto investor — showing a list of gas prices needed to connect tokens to the Ethereum network through different […] The post Vitalik Buterin says ETH Layer-2 fees need to reach $0. дальше »

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Why Loopring could test $1 soon

Loopring and other Ethereum layer-2 solutions are set to explode as Eth 2.0 is…

The post Why Loopring could test $1 soon appeared first on Coin Journal.

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Binance Now Supports Layer 2 ETH Deposits with Arbitrum One Mainnet Integration

Leading cryptocurrency exchange Binance is the first major trading platform to introduce support for Ethereum Layer-2 scaling solution Arbitrum. Binance Now Supports the Arbitrum Network Binance, a leading cryptocurrency trading platform by reported trading volume recently announced that it had integrated support for the Arbitrum One core network along with opening deposits for ether (ETH)Read More дальше »

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Portal and Polygon announce partnership to drive DeFi Bitcoin usage

Self-hosted wallet and Bitcoin-based (BTC/USD) cross-chain Layer-2 DEX Portal and Polygon (MATIC/USD), Ethereum’s (ETH/USD) Internet of Blockchains, announced a strategic partnership to drive Bitcoin usability in the DeFi ecosystem, Invezz learned from a press release. дальше »

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Immutable X and Together Labs sign agreement to create and trade digital assets without gas fees

Immutable X, the first Ethereum-based (ETH/USD) layer-2 solution for NFTs and Together Labs, the parent company of IMVU, signed an agreement to allow one million users to take part in the dynamic NFT economy by creating and trading digital assets without gas fees, Invezz learned from a press release. дальше »

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Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap

Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK), a popular Layer-2 decentralized exchange (DEX). дальше »

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Should you invest in Ethereum in September of 2021?

Ethereum ETH/USD is and has been the second-largest cryptocurrency token in terms of market cap. However, it has built an entire ecosystem around it due to its smart contract functionalities, where numerous developers have built decentralized applications (dApps) as well as Layer-2 Scaling solutions on top of Ethereum. дальше »

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Celer cBridge goes live on mainnet

Celer, the speedy, affordable value transfer network and undisputed leader in Layer-2 scaling solutions announced that cBridge, its multi-chain network, has gone live on the mainnet. This development makes it possible to transfer tokens across Binance Smart Chain (BNB/USD), Ethereum (ETH/USD), Polygon (MATIC/USD), and Arbitrum at low latency and cost using cBridge, Invezz learned from […] The post Celer cBridge goes live on mainnet appeared first on Invezz. дальше »

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Altcoin Explorer: Matic Network (MATIC), the Leading Layer-2 Scaling Solution

Ethereum (ETH) is inarguably the de-facto smart contract platform for the majority of developers to build decentralized applications (dApps) on. Today, Ethereum is home to more than 90 percent of decentralized finance (deFi) applications and the number continues to grow bigger with every passing day. дальше »

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Aave (AAVE) is the latest DeFi protocol to implement Layer-2

More and more DeFi protocols are experimenting with the Layer-2 solution as scalability continues to be an issue on Ethereum (ETH). The most recent project to implement an L2 scaling solution appears to be a DeFi loan platform, Aave (AAVE). дальше »

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Daily Ethereum (ETH) Transactions Outstrip Bitcoin’s (BTC) by Over $3B

Ethereum’s title as the most active blockchain network is becoming increasingly reinforced as network activity on the chain is now fully ahead of Bitcoin. Stablecoin and decentralized finance (DeFi) transactions continue to catapult Ethereum’s economic activity count but often at the expense of high gas costs leading to renewed clamor for Layer-2 (L2) solutions thatRead More дальше »

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Which ETH Layer-2 Solutions Will Airdrop?

Why does Ethereum need Layer-2? Ethereum’s network fees stink right now, and let’s face it, Ethereum has a gas problem. Though Ethereum 2. 0 is years in the making and Beacon Chain has launched, the protocol has not grown fast enough to keep pace with its popularity. дальше »

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DeFi, Layer-2 Solutions to Pave Way for Ethereum Adoption

Blockchain entrepreneur Tyler Smith tweeted this week on how the protocol is primed to see widespread technological progress this year; led by DeFi and layer-2 tech. dApps to Bolster ETH Tech Smith’s viral tweet talked about the various implementations and technical specifications coming to the world’s second-largest cryptocurrency in the next “6 to 12 months. дальше »

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Layer 1 Should Be Innovative in the Short Term but Less in the Long Term

One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”). дальше »

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