Ethereum co-founder Vitalik Buterin is urging Layer 2 networks to rethink their strategy. He points to a major decline in L2 users—from 58.4 million to about 30 million—even as Ethereum’s base network ...
The network will transition to proof-of-stake and coincides with the rollout of the ESP token, which is used for staking, ...
In another notable layer-2 development, Robinhood’s testnet recorded 4 million transactions in its first week, according to CEO Vlad Tenev. The Arbitrum-based Robinhood Chain is designed to support ...
Robinhood said developers will begin experimenting with applications on its Ethereum layer-2 network, while providing key ...
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Vitalik Buterin questions whether layer-2 networks should move beyond scaling
Ethereum co-founder Vitalik Buterin sparked debate this week when he said layer-2 networks should move away from their original purpose as scaling solutions. Teams behind major L2 platforms were quick ...
Coinbase has rolled out its Layer 2 network, Base, built on Ethereum. This platform has quickly gained traction with 100,000 users and hosting more than $200 million in assets. The impressive adoption ...
In their quest for scalability and cost-effectiveness, many layer-2 networks adopt a centralized approach to on-chain transaction processing, introducing a single point of failure vulnerability. The ...
Robinhood Chain testnet opens, supporting tokenized assets and DeFi. Developers can access tools for Ethereum Layer 2 network ...
Popular dog-themed cryptocurrency Shiba Inu (CRYPTO: SHIB) witnessed an astronomical burn rate jump as the ecosystem's Layer-2 network, Shibarium, marked its first anniversary. What Happened: ...
GOAT Network today launched its BitVM2 Playground, a new way to enable users to explore and experiment with the upcoming GOAT Bridge mechanism. This launch represents a notable milestone toward GOAT ...
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal. Ethereum layer-1 network revenue has plummeted by 99% since March 2024, ...
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