Tag: layer 2

Jan 14 2021

Synthetix Protocol Steps on the Gas With Layer 2 Launch

As Ethereum gas prices continue to skyrocket, decentralized finance protocols are striving to implement Layer 2 (L2) scaling solutions, and Synthetix is the latest to launch. Synthetix, the DeFi-based synthetic assets protocol that tracks the value of real-world assets, is about to launch its Optimistic Ethereum mainnet, entering a new era...

Jan 05 2021

Ethereum Layer 2 Scaling Solution Optimism Mainnet Trial Nears

With Ethereum transaction fees off the chart again, there has never been a better time to roll out more Layer 2 scaling solutions, and Optimism will be next with its upcoming mainnet trial. Optimism, a primary Ethereum Layer 2 developer, has stated that it expects to release its preliminary mainnet on January 15 in conjunction with DeFi protocol Synthetix. The trial run will...

Jan 03 2021

The Rise of Layer 2s Spells End for Altcoins

Jan 03 2021 Published at CoinDesk under tags  altcoins base layers layer 2 opinion people

Bitcoin is no longer limited to a single chain, meaning altcoins like ether are trending towards irrelevancy, says the neuroscientist and DeFi entrepreneur.

Dec 30 2020

Statechains Scaling Solution Offers New Potential for Bitcoin Privacy

Statechains offer another way to scale bitcoin payments. New exploration has uncovered that statechains could boost Bitcoin privacy as well.

Dec 21 2020

Facebook, Amazon, Netflix and Google Stocks Now Available in DeFi

Injective Protocol is launching stock trading. Facebook, Amazon, Netflix, and Google will be the first equities listed on the decentralized exchange. More Synthetic Stocks Come to Crypto Injective, the high-speed layer 2...

Oct 20 2020

IDEX Update Focuses on Major Pain Points in Decentralized Trading

Oct 20 2020 Published at Crypto Briefing under tags  layer 2 technology trading

IDEX, a popular decentralized trading platform, received a major upgrade that significantly improves user experience. IDEX Gets a Makeover The event signifies another step in improving decentralized trading performance, which brings platforms like IDEX closer to their centralized counterparts....

Oct 10 2020

After Tether, ZK Rollup Adds Curve Finance for DeFi Implementation

Oct 10 2020 Published at Crypto Briefing under tags  layer 2 technology

Matter Labs' Layer 2 solution will enable smart contract capabilities on Ethereum using ZK rollups. Until now, Optimistic was the leading DeFi implementation. ZK Rollup Gets Ready for DeFi ...

Oct 09 2020

The Graph Protocol Unveils Generalized Layer 2 Solution for Ethereum

Oct 09 2020 Published at Crypto Briefing under tags  layer 2 scalability technology

The Graph has announced that they are bringing a new open-source Layer 2 solution to their mainnet protocol, pending a security audit by Consensys Diligence. The solution was developed through a partnership with...

Sep 26 2020

Optimistic Rollups Finally Make It to Ethereum, Synthetix Offers Rewards to Participate

Sep 26 2020 Published at Crypto Briefing under tags  analysis layer 2

Optimism PBC has launched the first phase of its Layer-2 scaling solution for Ethereum. Leading DeFi platforms beginning with Synthetix Network, Chainlink...

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