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layer 2
Layer 2 networks hit $13B TVL, but challenges still remain
Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 billion of total value locked (TVL) within their contracts, according to data from blockchain analytics platform L2Beat. According to industry experts, this trend…
Blockchain Developer Lattice Unveils ‘Alternative Data Availability’ Network for…
"We call it alternative data availability, because the transaction data is available off-chain, not on Ethereum. To maintain security with this architecture, that’s why we have the permissionless on-chain DA challenge so that when the…
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
Crypto exchange OKX has launched a testnet for an upcoming Ethereum layer-2 network named “X1,” according to a Nov. 14 announcement. The network is being developed using the Polygon chain development kit (CDK) and will use zero-knowledge…
Polygon, Matter Labs, Nil Said to Be in Running for Kraken Layer-2 Blockchain
"We are enthusiastic about open source, layer-2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions," the job description reads. "The team has…
Arbitrum, the Biggest Layer-2 Blockchain on Ethereum, Says ‘Layer-3’ Networks…
Orbit is one of many customizable blockchain stacks that have come to market over the past few months. Arbitrum’s competitor, OP Labs, behind the layer-2 chain OP Mainnet (formerly named Optimism), has its own version of a customizable…
Polygon launches POL token contract on Ethereum to eventually replace MATIC
Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently…
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
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Optimism network launches testnet fault-proof system in pursuit of decentralization
OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 blog post. Once it completes testing, it will allow for “a more decentralized and efficient Superchain,” the…
Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack
Celo may be inclined to consider the Polygon proposal as well as potentially other project teams that might float their own competing offers: “Frankly, would not be surprised to see other stacks chime in too,” a person close to the Celo…
Chainlink hits Ethereum layer-2 Arbitrum for cross-chain DApp development
Blockchain oracle network Chainlink has tapped into Ethereum layer-2 scaling protocol Arbitrum to drive cross-chain decentralized application development.The two protocols announced the mainnet launch of the Chainlink Cross-Chain…
