Search Results for "layer 1"
Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies
Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.
Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Growth
Layer 1 blockchains have seen explosive growth in 2024, with Mantra (OM) leading the charge, boasting a 7,035% increase. Explore the top performers and market dynamics.
Sei Network Drops Cosmos Support in Push for 200K TPS with Giga Upgrade
Sei's SIP-3 upgrade deprecates CosmWasm to become EVM-only by mid-2026. USDC.n holders must migrate assets by March or risk losing access.
FOGO Mainnet Goes Live with Wormhole Bridge as Token Drops 9%
Fogo launches its SVM-based Layer 1 mainnet with Wormhole integration, promising 40ms block times for DeFi traders. FOGO token trades at $0.037 amid launch volatility.
Tezos XTZ Activates 20th Upgrade Tallinn With 6-Second Blocks
Tezos completes its 20th protocol upgrade, cutting block time to 6 seconds and enabling 12-second finality. XTZ trades at $0.59 amid the technical milestone.
Sei Network Publishes L1 Ecosystem Onboarding Guide for New Users
Sei Network releases comprehensive guide for L1 ecosystem participation, highlighting 400ms finality and EVM compatibility as key differentiators.
SEI Network Pitches Staking Experience Over Raw APY Numbers
Sei Network's latest guide argues that fast finality and EVM compatibility matter more than headline staking yields. Here's what stakers should actually consider.
Celestia TIA Hibiscus V7 Upgrade Brings ZK-Powered Cross-Chain Transfers
Celestia's Hibiscus upgrade adds zero-knowledge proof verification and single-signature transfers via Hyperlane, targeting mid-March mainnet launch.
Avalanche Foundation Awards $160K to Six Projects in Fourth Retro9000 Cohort
Avalanche's $40M retroactive grant program distributes over $160,000 to L1 builders while introducing new C-Chain round rewarding projects by AVAX burned.
Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN
In Q1 2024, crypto narratives experienced impressive returns, with memecoins leading the pack with an average return of 1312.6%, followed by RWA and AI.
BNB Chain and MetaMask Resolve Glitch Affecting opBNB Gas Fees
BNB Chain and MetaMask have successfully addressed a glitch that led to the display of inflated gas fees for opBNB transactions. The issue was rooted in MetaMask's default algorithm, which set a minimum recommended gas price based on averages across various Layer 1 and Layer 2 networks. This has been corrected, and users can now benefit from opBNB's lower gas fees for faster and more cost-effective transactions.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.