Latest News and Articles about Layer-2
Ethereum’s Trillion-Dollar Security Push Falls Flat as Solana Surges Ahead
Ethereum’s Trillion-Dollar Rebrand Masks Deep Trouble as Solana Eats Its Lunch Ethereum’s ambitious “Trillion Dollar Security Initiative” aims to bolster its reputation as a secure platform for real-world value. However, the blockchain faces declining performance and stiff competition from Solana, which is rapidly gaining ground. Ethereum’s campaign focuses on enhancing blockchain security. Solana’s growth in […]
Read MoreEthereum’s Blob Space Limits Threaten L2 Growth: Pectra Upgrade Falls Short
Ethereum’s Planned Blob Increases Insufficient to Sustain L2 Transaction Growth Ethereum’s scalability is at a critical juncture as its layer-2 (L2) networks continue to expand, with the current blob space capacity threatening to limit the network’s ability to handle increased transaction volumes. Ethereum’s blob space capacity may limit L2 growth Pectra upgrade aims to increase […]
Read MoreYe Zhang Slams Ethereum L2 Fee Proposals: Calls for Hub, Not Tax
Critics Say Ethereum Must Empower L2s, Not Extract Value from Them Ye Zhang, co-founder of the layer-2 network Scroll, has ignited a fierce debate within the Ethereum community by opposing the idea of charging fees on Ethereum’s Layer-2 (L2) networks. He argues that such a move would prioritize short-term gains over the long-term growth and […]
Read MoreScroll Co-Founder Warns: Ethereum Fees on Rollups Toxic for Scalability
Scroll Co-Founder Warns Against Ethereum Fees on Layer-2 Rollups, Calls It Toxic for Ethereum Scalability Ye Zhang, co-founder of the layer-2 platform Scroll, has sounded the alarm on proposals to impose fees on Ethereum rollups, labeling them as “one of the most toxic ideas for Ethereum’s future.” His critique underscores a pivotal debate about Ethereum’s […]
Read MoreEthereum Pre-Mine Address Awakens: $3.7M Moved, ETH/BTC Hits Multi-Year Low
Pre-Mine Ethereum Address Awakens, Stirring Speculation and Market Analysis An Ethereum address dormant for nearly a decade, holding $3.7 million in ETH, has been activated, reigniting discussions about Ethereum’s pre-mine distribution and its performance against Bitcoin, as the ETH/BTC pair reaches a multi-year low. Ethereum pre-mine address activated after nearly 10 years, moving $3.7 million […]
Read MoreEthereum’s Midlife Crisis: Price Plunge and Shift to Layer-2 Networks
Ethereum’s Midlife Meltdown: Navigating the Shift to Layer-2 Networks Ethereum, once the golden child of the blockchain world, is now grappling with what Standard Chartered analysts call a “midlife crisis,” marked by a significant price drop and a shift of its value to layer-2 networks. Ethereum price drops 40% in three months Value shifts to […]
Read MoreSolana Co-Founder Challenges Layer-2: L1s Outperform in Speed and Security
Solana Co-Founder Anatoly Yakovenko Challenges the Need for Layer-2 Solutions Solana co-founder Anatoly Yakovenko has sparked a heated debate by asserting that layer-1 (L1) blockchains like Solana can outperform layer-2 (L2) solutions in terms of speed, cost-efficiency, and security. His critique comes as Ethereum faces significant challenges, including a reported 95% drop in quarterly transaction […]
Read MoreBlockstream Expands Bitcoin Reach with New Tokyo Office and Key Partnerships
Blockstream Plants Its Flag in Tokyo: A Bold Move for Bitcoin’s Asian Frontier Blockstream has opened a new office in Tokyo, aiming to boost Bitcoin adoption across Asia. This expansion is backed by partnerships with Diamond Hands and Fulgur Ventures, and focuses on promoting Bitcoin layer-2 technologies, self-custody solutions, and real-world asset (RWA) tokenization in […]
Read MoreEthereum L2 Fragmentation: Interoperability Solutions Gain Traction
Is Ethereum Layer-2 Fragmentation Less Concerning Than Interoperability? Ethereum’s layer-2 (L2) solutions are at a pivotal juncture, balancing the challenges of fragmentation and the promise of interoperability. These solutions, critical for Ethereum’s scalability, are emerging at a rapid rate, yet their isolation from one another poses significant challenges for users and developers. Ethereum’s scalability relies […]
Read MoreVitalik’s Plan: Making Ethereum Scalable and Accessible to All
Vitalik’s Vision for All: Ethereum Made Simple Vitalik Buterin has laid out a comprehensive roadmap for Ethereum’s future, aiming to make the blockchain as user-friendly as buying your morning coffee. His plan to enhance Ethereum’s scalability through Layer-2 networks and “blob scaling” promises faster transactions and lower costs, while steadfastly preserving the platform’s core values […]
Read MoreCircle Paymaster: Pay Gas Fees with USDC on Arbitrum and Base, Expansion Planned
Circle’s Paymaster: Revolutionizing Gas Fees with USDC on Layer-2 Networks Circle, the powerhouse behind the USDC stablecoin, has launched Circle Paymaster, enabling users on the Arbitrum and Base layer-2 networks to pay gas fees using USDC instead of Ethereum (ETH). This move addresses the common issue of needing to hold native tokens for transaction fees, […]
Read MoreCoinbase’s Base Aims for $100B in On-Chain Assets by 2025: Ambitious Goals Set
Base Targets $100 Billion in On-Chain Assets by 2025 Coinbase’s layer-2 blockchain solution, Base, is shooting for the stars with a goal to manage $100 billion in on-chain assets by October 2025. Imagine a world where your digital assets move as swiftly as your thoughts — that’s the future Base is striving to build. $100 […]
Read MoreEthereum Gas Fees Hit 70 Gwei in 2024: DeFi, ERC-404, and NFTs Drive Surge
Ethereum Gas Fees in 2024: Navigating the Surge and Seeking Solutions In early 2024, Ethereum gas fees surged to unprecedented levels, peaking at an average of 70 gwei on February 9, with some transactions reaching a staggering 377 gwei. This significant increase, driven by various factors including the growth of DeFi, the popularity of the […]
Read MoreSolaxy Raises $8M in Presale to Tackle Solana’s 42% Transaction Failures
Solaxy’s $8M Presale Surge: A Beacon of Hope for Solana’s Scaling Challenges Solaxy (SOLX), a newcomer in the Layer-2 solutions space, has raised nearly $8 million in its presale, signaling strong investor confidence in its potential to address Solana’s scaling issues. As Solana grapples with network congestion, Solaxy’s innovative approach promises to enhance performance and […]
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