Tag: layer 2

Jul 20 2022

Polygon zkEVM Heads to Ethereum Layer 2

Jul 20 2022 Published at Crypto Briefing under tags  layer 2 polygon technology

Polygon's new Layer 2 network is set to launch its testnet later this summer ahead of a full mainnet launch in early 2023. Polygon Reveals EVM-Compatible Layer 2 Polygon has...

A Brief Look at Modular Blockchains

The concept of modular blockchains is becoming the new narrative for network scalability and blockchain infrastructure. The next evolution of the blockchain allows for designing principle separation of concerns to scale throughput. This can be done while ensuring the network is trustless and decentralized. Modular blockchains can break the connection between computation and verification costs. Earlier this month, Volt Capital...

Jul 13 2022

Nexo Adds Optimism (OP) to Its Platform with Support for Trading, Borrowing and More

Nexo now supports the Optimism (OP) token Cryptocurrency lending platform Nexo now supports Optimism’s OP token on a wide selection of its services. Nexo users can now purchase OP tokens...

Jun 27 2022

Mercury Wallet’s Roadmap To Bitcoin Scalability And Privacy

Mercury Wallet, a Layer 2 scaling solution for Bitcoin, plans to integrate with the Lightning Network and blind its server.Mercury Wallet, a Layer 2 application built for Bitcoin, is currently developing infrastructure to integrate with the Lightning Network. Applications like Mercury are a way of scaling the use of Bitcoin by temporarily performing transactions off chain before returning to the main chain,...

Jun 03 2022

Ethereum Is Making More Money Than Ever From Layer 2 Networks

Jun 03 2022 Published at Crypto Briefing under tags  analysis ethereum layer 2

With Layer 2 networks gaining significant traction in user activity, the gas fees Ethereum is racking in for renting its security are breaking record highs. Ethereum Profits From Layer 2...

May 25 2022

StarkWare Hits $8B Valuation as Ethereum Layer 2 Race Heats Up

May 25 2022 Published at Crypto Briefing under tags  layer 2 news starkware

The Ethereum Layer 2 developer has quadrupled its previous $2 billion valuation. StarkWare Lands Another $100M in Funding Capital is flooding into the Ethereum Layer 2 ecosystem. StarkWare, one of...

May 14 2022

Crypto.com Report on L1 and L2

May 14 2022 Published at Altcoin Buzz under tags  layer 1 layer 2 top article

Many crypto enthusiasts considered 2021 to be the biggest year of their careers. Several interesting things happened during the course of the year. For example, the crypto world gained more mainstream attention during the year. Several concepts, such as DeFi, NFT, and P2E gaming, all gained popularity in 2021. And that means growth in Layer 1 and Layer 2 networks. Crypto traders and...

Apr 26 2022

Apr 21 2022

Apr 05 2022

BSC Application Sidechain (BAS) Testnet Launched

In a combined effort, Celer, NodeReal, and Ankr helped to develop this sidechain. Now, this BSC Application Sidechain (BAS) is launched on the BNB chain. This first version of the testnet is all geared up towards GameFi. That is also where Celer fits in. Launching this BSC Application Sidechain BAS Testnet is the first step. This brings sidechains to the BNB chain. We...

Apr 02 2022

Building Applications On Top Of The Bitcoin Protocol

It is possible to build on the Bitcoin blockchain using layer two technologies while leveraging the security and censorship-resistance it provides.For years, Ethereum has been the darling of the developer community. As decentralized applications (DApps) and non-fungible tokens (NFTs) exploded on the Ethereum network, Bitcoin struggled to match its popularity for this purpose. It’s easy to see why developers...

Mar 23 2022

Mar 18 2022

7 Solutions to Make Crypto Private Transactions

Blockchain privacy is a hot item for public blockchains that support smart contracts. There is a lot of money and other assets at risk. So, if you want to keep your privacy with your crypto assets. Here are tools and software to do just that. The question is, what is available for blockchain privacy at the moment? Furthermore, whatever is on offer, is...

Mar 17 2022

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Jan 13 2022

Ethereum’s Centralization Endgame Makes The Case For Building On Bitcoin

In a recent explanation of Ethereum’s roadmap, Vitalik Buterin inadvertently made the case that building on Bitcoin is our only path to decentralization.In a recent blog post called “Endgame”, Ethereum founder Vitalik Buterin addressed the concerns around undue centralization of Ethereum. But not so that he might dismiss those claims. Nay, he’d...

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