Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...
Tag: layer
Layer 2 Scaling Solution Arbitrum Flips Ethereum in Daily Transactions
Arbitrum has already been leading the pack in the layer 2 roll-up. However, the daily transactions on the protocol hit 1.14 million on February 21st, surpassing Ethereum mainnet, which recorded 1.05 m...
Algorand among the best Layer 1 blockchains
Algorand stands as one of the most functional Layer 1 blockchains in the crypto world. Analysis of the Layer 1 Algorand and how it compares with leading competitors Layer 1 blockchains in the amazing ...
Elevate Your Portfolio: Top 10 Ethereum Layer 2 Projects for 2023 Investments
Due to rising settlement fees and transaction times, Ethereum Layer 2 projects have gained traction and usage recently. So, how can you take advantage of the fact that they will rise? What are the top...
VeChain Price Pumps 8% To Trade At $0.03, Can This Layer 1 Blockchain Protocol Reach $0.1?
Join Our Telegram channel to stay up to date on breaking news coverage VeChain price appears unbothered by a bearish wave that has been traversing the market since the weekend. The largest cryptocurre...
Router Protocol Announces Layer 1 Blockchain
Router Protocol announced that it has successfully developed a Layer 1 blockchain using Cosmos’ Tendermint Consensus. The protocol aims to solve extant problems in Blockchain Interoperability with its...
Polygon eyes mainnet beta release for zkEVM Layer 2 next month
Polygon is planning to release a new Layer 2 scaling solution, zkEVM, in a mainnet phase on Mar. 27. zkEVM will be a zero-knowledge or ZK-Rollup that performs off-chain computations on a seconda...
The Present and Future of Layer 2 Rollup
An Overview of Layer 2 Roll-ups Over the past few years, Layer 2 (L2) rollup solutions have come to the forefront as activity on the Ethereum network has grown. Activity and engagement with non-fungib...
Crypto Wallet Security Layer Webacy Raises $4M
San Francisco, United States, 9th February, 2023, Chainwire Webacy has announced the successful closure of a $4M seed round to support its goal of making web3 safer. gmjp led the round which also incl...
CMC Crypto Playbook: Layer-1 blockchain
Considering the standards of 2022 and all that has happened in the crypto space, layer 1 (“L1s”) can still be said to have had a very interesting and eventful year. Many notable events have taken plac...
What is Layer 0 in Blockchain? Layer Zero Crypto Examples
Introduction Any blockchain project is built on Layer Zero (or 0), which serves as its fundamental layer. Layer 1 is constructed on top of Layer 0, enabling Layer 1 to function without interruption. U...
Webacy-Crypto Wallet Security Layer raises $4 M in Seed Fundings
Webacy allows access to existing self-custodian wallets without keys, passwords or seed phrases. The company released a safety product suite with exciting features. The FTX collapse sparked a seriou...
VRRB Labs raises pre-seed round at $20 million valuation as it builds its own Layer 1
VRRB (pronounced “verb”) Labs, a Miami-based crypto startup that is developing a Layer 1 blockchain network, raised $1.4 million in a pre-seed funding round. Investors in the round i...
OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pione…
Decentralized social trading platform OptionBlitz is pioneering multiple cutting-edge trading options as the company gears up for BLX token sale on February 28th, 2023. London, UK — In January 2023, ...
DAM Finance deploys its shared liquidity layer on Ethereum and Moonbeam
DAM Finance has deployed its global shared liquidity infrastructure on Ethereum, the world’s most active smart contracting platform, and Moonbeam, a Polkadot parachain. DAM Finance launches on Ethere...
StarkWare open-sources prover technology for Ethereum Layer 2 network
Ethereum scaling project StarkWare has open-sourced the StarkNet Prover in an effort to make the technology publicly available and increase the transparency of its code. The prover is a crucial ...
Layer 1 blockchain Canto sees surge in trading activity
Cosmos-based Layer 1 blockchain Canto’s total value locked (TVL) doubled in January, reflecting a breakthrough for the emerging blockchain. On Canto, TVL — or the dollar amount of assets ...
Layer 2 Tokens Take Lead
The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks. “People want layer...
Matter Labs fixes security issues in zkSync Layer 2 after OpenZeppelin audits
OpenZeppelin, a provider of smart-contract security solutions, has released the results of its latest security audits on zkSync, a zero-knowledge, proof-based scaling solution developed by Matter Labs...
Layer 1 Blockchain Aptos Hit All-Time High After A Blistering Uphill Run This Week ⋆ ZyCrypto
Advertisement     APT, the utility token of the Aptos network, has gained over 130% in the past seven days, tapping an all-time high. PankcakeSwap’s community commitm...
Layer 1 blockchain Injective launches $150 million ecosystem fund: TechCrunch
Injective, the layer 1 blockchain, launched a $150 million ecosystem fund to support interoperable infra and DeFi adoption, TechCrunch reported, citing platform CEO and co-founder Eric Chen. ...
Two protocols control 80% of all Ethereum Layer 2 TVL
Ethereum’s leading Layer 2 protocols, Arbitrum and Optimism, surged in popularity in 2022. Combined, Arbitrum and Optimism account for four-fifths of all value locked across Ethereum’s Layer 2s. On Ja...
Can Avalanche (AVAX) Do a 50X? Crypto Bull Mark Yusko Says Ethereum and Layer Ones To Outrun Next Bitcoin Rally
Morgan Creek Capital CIO Mark Yusko says Avalanche (AVAX) has the potential to go on a massive surge and outperform the rest of the crypto market in the next cycle. In a new interview with Paul Barron...
OIF Marks 25th Anniversary, Launches New Physical & Link Layer Working Group Electrical Project and Adds 112G VSR Clause to CEI 5.0 IA at Q1 Technical and MA&E Committees Meeting
The meeting hosted leading analysts from 650 Group and LightCounting as guest speakers giving member participants direct access to research, forecasting of industry growth and the impact of OIF’s work...
Report Shows Growth In Multiple Ethereum Layer 2 Networks; Polygon Leads The Pack ⋆ ZyCrypto
Advertisement     Recent data shows an astonishing growth of users and transactions among Ethereum’s growing list of layer 2 networks. Polygon, Optimism, and Arbitrum...
Shiba Inu Price Drops 11% Snubbing Layer 2 Beta Launch News –
Join Our Telegram channel to stay up to date on breaking news coverage Shiba Inu price turned down during the early Asian trading hours on Thursday as bears focused on dimming the meme coin hype that ...
Ethereum Layer 2 protocol Optimism surpasses Arbitrum in transaction volume
Ethereum-based Layer 2 scaling protocols Optimism and Arbitrum have seen a sharp divergence in transaction activity over the past month, with Optimism outpacing Arbitrum since December. Both pro...