Latest News and Articles about Layer-2
Ye 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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