Even without token subsidies, these rollups have seen significant adoption and are highlighting the demand for cheaper access to Ethereum. Arbitrum, for example, currently has over $2 billion in total...
Tag: layer
Layer 1 Project Aleo Raises $200M
Key Takeaways Aleo has closed a $200 million funding round led by SoftBank Vision Fund 2 and Kora Management. The team aims to build a scalable and privacy-centered blockchain using zero-knowledge pro...
Public Testnet of Shiba Inu’s Layer 2 Solution to Launch “Very Soon”
In a recent Medium blog post, Unification Foundation, a provider of blockchain solutions for enterprises, has announced that a public testnet of Shibarium, a layer 2 scaling solution for the Shiba Inu...
Layer 1s Ethereum, Solana Bounce Back After Shaky Start to 2022
Key Takeaways Layer 1 chains appear to be staging a recovery. Ethereum, Solana, and Avalanche are some of the top performing assets over the past 24 hours. As macroeconomic conditions are still uncert...
GameStop to launch NFT marketplace with Ethereum Layer 2 Immutable X
advertisement Video game retailing giant GameStop has partnered with Ethereum Layer 2 network developer Immutable X to launch its own NFT marketplace. Announcing the news on Thursday, GameStop said th...
Layer 1 Networks Solana, Tezos, Terra Kick Off February With a Bang
Cryptocurrencies behind several layer 1 blockchain networks have all jumped double-digits this morning. Solana, a speedy proof-of-stake (PoS) blockchain, has enjoyed a jump of more than 16% over the ...
a New Consensus Layer Scaling Solution
Cardano recently upgraded its plumbing method with the latest consensus layer scaling solution, pipelining. It will be a major part of Cardano’s scaling plan in 2022 to assist the ever-growing Cardano...
Eth2 rebrands to Consensus Layer, Elon Musk fails to boost DOGE, YouTube gaming head switches to Polygon Studios: Hodler’s Digest, Jan 23-28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Why did Ethereum rebrand ETH 2.0 to “Consensus Layer?”
In an attempt to avoid confusion in the future over terminology on its network, the second-largest blockchain, Ethereum, has scrapped old terms like “Ethereum 1.0” and “Ethereum 2.0,” replacing them w...
Ethereum Foundation Rebrands ETH 2.0 to Consensus Layer, Breaking Broken Mental Model to Users
With the evolution of the Ethereum roadmap, ETH 2.0 has emerged as an inaccurate representation, and this has necessitated its rebranding so that a broader audience can comprehend its content. The Et...
Ethereum Foundation Kills ‘ETH 2.0’ in Favor of ‘Consensus Layer’ Rebrand
In brief Tactics have changed since the Ethereum 2.0 roadmap was first developed. Developers are changing their terminology to reflect these shifts. The good news for developers is that the next time ...
ProtoReality Games Debuts First Free-to-Play Mobile Game With a Blockchain Layer For Play-and-Earn Experience
Advertisement     “Derivative Outstation 119” is a mobile RPG game x crypto experience created particularly for the metaverse by ProtoReality Games. P&E (Play and ...
Azuro Raises $3.5 Million to Build the Base Layer for Decentralized Betting
Azuro has announced the successful closure of its seed round. The project claims to have raised $3.5 million from participating institutional investors including Gnosis, Flow Ventures, Polymorphic Cap...
Layer 1 and DeFi Tokens Among Hardest Hit in Latest Crypto Crash
Though Bitcoin has fallen below the key $40,000 mark and Ethereum continues to dip under $3,000, several altcoins have suffered worse losses than the crypto market leaders. Less than 48 hours after Se...
SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer – Privacy Bitcoin News
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The ma...
Crypto Exchange Binance Enables Direct Withdrawals to Ethereum Layer 2
In one of the latest developments, crypto exchange Binance seems to have started direct withdrawals to Layer Two Ethereum Networks. Popular crypto analysts Lark Davis was the first to spot this develo...
5 Best Layer 2 Crypto To Buy For Long Term Returns January 2022 Week 2
Layer 2 crypto are in high demand in the crypto space because of their high scalability and low prices. The potentials in these assets have moved investors to search for the best layer 2 crypto to buy...
5 Best Layer 2 Crypto to Buy for Lower Risk Returns January 2022 Week 2
It is now the second day of moderate gains for the market as investor sentiment is starting to turn positive. This means great news investors looking for the best layer 2 crypto to buy as well. As inv...
5 Best Layer 2 Crypto to Buy Now – January 2022
Layer-2 blockchain solutions have become more popular in the past year, with their promise of offering increased speed and cheaper transaction costs. This is why many investors are looking for the top...
Layer 1 Coin Oasis Surges on DeFi Growth, Binance Support
Key Takeaways The total value locked on Emerald, Oasis’ Ethereum-compatible network, has crossed $100 million. The majority of the total value locked is on a new decentralized exchange called Yu...
Layer 1 Blockchains Defy Early Year Crypto Downturn
Several layer one blockchains are dyeing the early-year crypto winter, including Oasis Network (ROSE) and Fantom (FTM). The Oasis Network has climbed by 17% in just the last 24 hours. The layer one b...
Ethereum at 100,000 TPS: StarkWare Discusses the Future of Layer 2 Scaling
Key Takeaways StarkWare uses Zero-Knowledge Rollups to develop scaling solutions for Ethereum. StarkWare’s STARKs allow scaling to be completely trustless and can be deployed in either Rollup mo...
Gro DAO Join Hands With Argent to Release zkSync Layer 2
Gro’s clients will be getting the advantages of swift transactions at a cost that will be equal to a fraction of the gas fee of Ethereum. The clients will be allowed to take part in the yield farming ...
Ethereum Layer 2 Arbitrum One Hit By Another Outage
Share this article Arbitrum suffered from similar issues back in September—but they didn’t take several hours to resolve. Arbitrum One Goes Down Arbitrum One, Ethereum’s leading Layer 2 scaling solu...
What Is NEAR Protocol? The Sharded Layer 1 Blockchain Explained
Key Takeaways NEAR Protocol is a Layer 1 network that has implemented sharding to scale its transaction throughput. The network strives for accessibility and user-friendliness, abstracting away the te...
Ethereum Layer 1 “Not Ready for Direct Mass Adoption”: Vitalik Buterin
Key Takeaways Vitalik Buterin has stated that Ethereum is not ready for mass adoption in its current form. High gas fees on Ethereum Layer 1 make the network unsuitable for day-to-day transactions. Bu...
Fantom, NEAR Ride Layer 1 Boom Into 2022
Key Takeaways Fantom and NEAR are soaring amid high demand for Layer 1 coins. The recent rise follows the SOLUNAVAX trend that dominated the second half of 2021. An upcoming Fantom project involving A...
Race Capital is bullish on Bitcoin and layer one cryptocurrencies like Solana
The crypto market grew significantly in 2021, and some of the coins that recorded growth in adoption were Bitcoin (BTC/USD) and Solana (SOL/USD). The two saw increased institutional adoption, and Alfr...
Layer one blockchains decoupling from Bitcoin
The leading layer one blockchains by transaction volume and total value locked (TVL) are starting to ignore the general Bitcoin price movement, and have risen strongly against the number one cryptocur...
The Most Promising Layer 1 Blockchains To Watch Out For, According To Industry Experts ⋆ ZyCrypto
Advertisement     Ethereum’s dominance may face a significant threat from Solana, Cardano, Avalanche, Polygon, Terra. Solana’s faster transaction speed is rapidly maki...