Ethereum layer-2 developer OP Labs cuts roles to 'narrow focus'

The firm plays a central role in the development of Optimism, an Ethereum layer-2 scaling network designed to make transactions faster and cheaper by processing activity off the Ethereum main chain.

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The Explosion of Layer-2 Networks on Ethereum: Challenges and Opportunities

Key Takeaways: The Ethereum Layer-2 ecosystem has grown at a feverish pace, with the total value locked currently over $51. 5 billion as of November 2024, up 205% from last year. While L2 addresses Ethereum’s scalability issues, centralization remains an issue, calling for more decentralized solutions.

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Is Optimism's 'Superchain' Winning the Ethereum Layer-2 Race?

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s.

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Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back

Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."

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Fuel Labs raises $1.5M led by CoinFund for its Ethereum layer-2 solution

Fuel Labs, which is building permissionless and trustless layer-2 protocols for Ethereum, today announced $1. 5M USD of support led by blockchain-focused investment firm CoinFund. Other participants include Fenbushi Capital and Origin Capital.

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Layer-2 scaling project Loopring (LRC) shoots over 50% higher amid Ethereum network congestion

As the entire crypto market has slingshotted higher over the past day, the Ethereum network has become congested. The post Layer-2 scaling project Loopring (LRC) shoots over 50% higher amid Ethereum network congestion appeared first on CryptoSlate.

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As Ethereum Gas Fees Break Records, Optimistic Primes Layer-2 Solution Trial

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Ethereum Will Soon See 2,000 TPS with This Zero-Knowledge Layer-2 Application

A new layer-2 application running on Ethereum promises to bring scalability to the network, even touting “VISA level” transactional volume once deployed.   Addressing Ethereum Scalability Developed by Matter Labs, zkSync launched its beta product on the Ethereum mainnet on June 18, as announced via an official blog.

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Injective Protocol joins forces with WOOTRADE to increase DEX adoption

Injective Protocol, a layer-2 protocol based on Cosmos SDK and Ethereum, today announced a strategic partnership with WOOTRADE, a crypto-asset dark pool, to combine resources to focus on increasing user adoption in the decentralized exchange (DEX) space.

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Ethereum Layer-2 Scaling Initial Deployments Successful

Ethereum is on the move in terms of development and price with the recent successful deployment of a number of layer-2 (L2) scaling solutions. Scaling has long been an issue that has plagued the Ethereum ecosystem; however, that has not stopped developers rolling out new solutions and platforms for it.

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Celer Network’s layer-2 state channel upgrade launches on Ethereum mainnet

Celer Network, a layer-2 scaling platform, today announced the launch of its layer-2 state channel mainnet upgrade, Lyra, on Ethereum. Celer has open-sourced the state channel network’s full node code.

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Crypto gaming platform Hxro to integrate with Matic Network

Hxro, an alternative crypto trading and gaming platform, recently announced it will integrate Matic Network (MATIC), an Ethereum scaling solution. Matic provides an Ethereum based layer-2 solution for faster transaction confirmations at significantly lower fees.

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Celer’s mainnet goes live; aims to bring gamers, developers under one roof

Celer, the third token to be launched on Binance’s Launchpad, has announced the launch of their mainnet – Cygnus, which marks the launch of the world’s first Generalized State Channel Network, starting from Ethereum.

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Celer Network integrating Dai into layer-2 app platform

Celer Network, the layer-2 blockchain scaling platform, today announced a strategic partnership with MakerDAO, the creator of Dai, the first decentralized stablecoin based on the Ethereum blockchain, to bring Dai stable tokens to Celer’s layer-2 scaling platform.

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Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

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TenX’s Comit is a game changer: First BTC Lightning to ERC20 atomic awap went smooth

BTC Lightning to ERC20 Atomic Swap TenX showed a live demo where of their Comit protocol where they swapped a non-native asset to an asset on a layer-2 network on both mainnets. In particular, they swapped 10 PAY tokens on Ethereum for 71240 Satoshi on the Lightning Network using COMIT.

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‘HyperDragons’ Video Game Employs Tenfold Protocol’s Layer-2 Scaling on Ethereum

MixMarvel and Tenfold Protocol have joined forces to apply Tenfold’s layer-2 blockchain scalability solutions to “HyperDragons,” a strategy game built on the Ethereum network, in a move that will allow expanded gameplay and decreased transaction costs.

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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”).

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