What is layer2? layer2 news, layer2 meaning, layer2 definition - Blockchain.News
Search results for

layer2

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.

StarkWare to Open Source Proprietary Prover

StarkWare to Open Source Proprietary Prover

Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.

Starkware to Open Source Proprietary Prover

Starkware to Open Source Proprietary Prover

Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.

Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope

Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope

OKX Ventures reveals its September investments in Aark Digital, dappOS, and 0xScope, aimed at bolstering the crypto ecosystem covering Layer2 Derivatives, operating protocol, and knowledge graph protocol. These strategic investments are reflective of OKX Ventures’ continuous endeavor to fuel innovation amidst a rapidly evolving crypto landscape.

Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access

Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access

Robinhood Wallet partners with Arbitrum to offer users seamless swaps on Layer 2, enhancing DeFi accessibility and experience.

Total value locked in Ethereum-based Decentralized exchange

Total value locked in Ethereum-based Decentralized exchange

After community approval, Boba Network will instal Uniswap v3 as the sixth chain.

Coinbase Layer 2 Network

Coinbase Layer 2 Network

Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."

Coinbase Announces Launch of Ethereum Layer-2 Network

Coinbase Announces Launch of Ethereum Layer-2 Network

Coinbase will gradually decentralize the chain but not create a new network coin.

Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy

Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy

Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.

COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases

COTI Unveils ETH L2 Developer Network and Growth Fund Use Cases

COTI announces an ETH L2 Developer Network to leverage its $100M fund, targeting key use cases like Confidential DeFi and encrypted data management.

SuperLayer Raises $25M With Backing from Polygon

SuperLayer Raises $25M With Backing from Polygon

SuperLayer, a blockchain venture studio, has secured $25 million in funding with backing from its strategic partner, Polygon Network - a Layer-2 scaling solution.

Ethereum Layer-2 Protocol Boba Network Values at $1.5B following $45m Funding

Ethereum Layer-2 Protocol Boba Network Values at $1.5B following $45m Funding

Boba Network, an Ethereum-based Layer-2 protocol Optimistic Rollup scaling solution, has successfully completed its Series A funding round in which it pulled as much as $45 million from investors.

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

The Future of Blockchain Is Regulated, Permissioned And Decentralized

The Future of Blockchain Is Regulated, Permissioned And Decentralized

Blockchain has come a long way since it was first proposed as the technology powering Bitcoin’s distributed ledger. Since then, it has come to be understood as a technology that exists in its own right, as the base layer of second generation blockchain networks that are the foundation for all kinds of decentralized applications, or dApps.

The Future of the Financial Sector Will Rely on Blockchain, Says Singapore’s Fintech Chief

The Future of the Financial Sector Will Rely on Blockchain, Says Singapore’s Fintech Chief

Sopnendu Mohanty, the Chief Fintech Officer of the Monetary Authority of Singapore (MAS) spoke at a panel at Blockshow Asia 2019 held at the Marina Bay Sands Convention Center last week. In his panel on the topic of: “All that fintech with a layer of blockchain,” he explains the MAS’ role for blockchain adoption in Singapore and in Asia.

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.

Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem

Blockchain Startup Developed Solution to Crypto's Irreversible Transaction Problem

An Israeli startup has developed a new technology that could prevent the loss of funds caused by human error when sending Bitcoins or other digital assets. The mistake is common as wallet addresses are represented by a unique and random string of alphanumeric characters.

Hodling Bitcoin is the Trend Once Again, according to Santiment

Hodling Bitcoin is the Trend Once Again, according to Santiment

New data by on-chain data provider Santiment reveals that dormant Bitcoin has been on the rise as the BTC hodling culture comes back into play.

Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges

Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges

Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.

Trending topics