Shiba Inu announced the Layer 2 solution Shibarium. Shibarium aimed to legitimize SHIB and boost DeFi growth, but faced short-term skepticism. As per an announcement on 16 January, Shiba Inu’s [SHIB] ...
Tag: layer
Shiba Inu rises after announcing Layer 2 launch as bone token pops; US markets closed
Shiba Inu and bone led gains after the announcement of a Layer 2 network for the ecosystem. U.S. markets are closed to observe Martin Luther King Jr. Day. Bitcoin was trading at $20,770 at 9 a....
Shiba Inu’s Layer 2 Solution to Launch Soon in Beta Phase
Shiba Inu’s Layer 2 blockchain Shibarium is expected to launch soon. Shibarium will have a phased launch, with the beta version released first. The platform will support NFTs and have a governance tok...
Can Ethereum 2.0 Kill Layer 2 Projects?
Contents But what is Layer 2? Is there risk in Layer 2 projects? The arrival of Ethereum 2.0 is one of the great promises of the cryptocurrency market at the moment. Made many years ago, its commitmen...
Flare Successfully Completes Long-Awaited Token Airdrop, Debuts Layer 1 Oracle Network
Advertisement     Flare, a Layer 1 oracle network, is excited to announce the success of its long-awaited token airdrop that took place on January 9, 2023, at 11:59 pm...
BitDAO launches testnet for Ethereum Layer 2 network Mantle
BitDAO has launched the testnet for its modular Ethereum Layer 2 network project called Mantle with 37,000 developers already signed up for the launch, the DAO stated on Tuesday. Dubbed “Wadsley...
The Earth’s ozone layer is slowly recovering, UN report finds
In this NASA false-color image, the blue and purple shows the hole in Earth’s protective ozone layer over Antarctica on Oct. 5, 2022. Earth’s protective ozone layer is slowly but noticeabl...
Layer 1 Oracle Network, Flare Launches
Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at 11:59 pm UTC on January 9th. The airdrop ...
Layer 1 Oracle Network Flare Launches Highly Anticipated Historic Airdrop
At 11:59 p.m. UTC on January 9, Flare, the blockchain for developing apps that utilize data from other chains and the internet, successfully launched its much anticipated token airdrop. One of the gre...
Flare Launches Layer 1 Oracle Network
Dubai, UAE, 10th January, 2023, Chainwire Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at...
Vulcan Blockchain reveals its novel auto-rebasing Layer 1 protocol will launch in Q1 2023
Advertisement     In the first quarter of 2023, Vulcan Blockchain will release its novel auto-rebasing Layer 1 protocol. The long-awaited protocol’s primary goal is to...
The Voice of Layer 1s Is Needed in Washington
I often hear from those new to Web3 or blockchain technology (including in my old TradFi world) that they “see the value of the blockchain technology, but that crypto is worthless.” Unfortunately, the...
Vulcan Blockchain’s Auto-Rebasing Layer 1 Set for Release Q1 2023
December 28, 2022, Tallinn, Estonia: Vulcan Blockchain has just announced that its’ novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for s...
Vulcan blockchain’s auto-rebasing Layer 1 set for release in Q1 2023
Vulcan Blockchain has just announced that its’ novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time aims to balance supply-side ...
New Terra Classic Layer 1 Team Formed By Edward Kim and Zaradar Releases First Proposal
– Advertisement – New Terra Classic Layer 1 Team in progress. The Layer 1 team formed by Edward Kim and Zaradar has released its first proposal, outlining their tasks for the next three mo...
Layer 2 Ethereum Networks Have a Higher Average TPS Than L1
Layer 2 activity is ramping up and has surpassed Layer 1 Ethereum for some metrics, including transactions per second. Aggregate transactions per second (TPS) are higher on Layer 2 networks than on Et...
Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network
According to Sztorc, the purpose of drivechains is to give Bitcoiners access to innovative features and products currently confined to altcoin networks. Examples would be Zcash’s zero-knowledge proofs...
Enter Fluidity Money – the Incentive Blockchain Layer
Money is fluid by nature. It’s designed to be used and moved, not sitting stagnant, losing value with inflation. Fluidity Money – a protocol that rewards people for using their crypto – isn’t just gam...
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum – Privacy Bitcoin News
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services fo...
a16z Leads $100M Funding Round For Web3 Privacy Layer Aztec Network
The company plans to hire more engineers despite the intense bear market. Aztec Network – a privacy layer 2 chain for Web3 – announced raising $100 million in a Series B financing led by VC giant Andr...
Chainlink (LINK) Automation Launches on Ethereum’s Most Hyped Layer 2 Solution
Gamza Khanzadaev Chanlink Automation expands into Arbitrum, Ethereum’s most hyped Layer 2 solution Oracle service provider Chainlink has announced its expansion to Arbitrum One, a new but alread...
Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December
In December, Bitcoin outperformed the native tokens of the Solana, Ethereum, Polkadot, Binance, and Cosmos ecosystems, according to data analyzed by CryptoSlate. Bitcoin dominance (BTC.D) has also beg...
XRPL “Layer 2” Smart Contract Platform Marks Significant Milestone: Details
Tomiwabold Olajide XRPL L2 smart contract platform celebrates upscale performance without hitch Evernode, a project bringing “Layer 2” smart contracts to XRP Ledger, is celebrating a new m...
Paradigm’s open-source Ethereum execution layer client Reth
Paradigm is extremely pleased and excited to announce that they have successfully created their free and open-source Ethereum execution layer client, which goes by the name of Reth. This creation Reth...
Layer 2 networks see jump in dApp migration; the reason might surprise you
dApps have increased migration to layer 2 networks. Arbitrum continues to lead as the layer 2 network with the highest TVL Gas fees spent by layer 2 (L2) Ethereum scaling solutions to settle proofs on...