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layer 2
'We Can't Build Something Like This on Ethereum,' Says DYdX Founder as Mainnet Nears
In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology.
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock.
The Protocol: The CFTC Is Cracking Down on Crypto
The move marks a contrast to its previously 'lenient' image compared to the SEC.
Coinbase CEO Confirms Exchange Will Support Lightning, Which Dramatically Speeds Up Bitcoin Payments
Brian Armstrong, while announcing the decision, calls BTC “the most important asset in crypto.”
The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted
What is a blockchain “sequencer?” Here’s why you need to know, along with all the latest updates on crypto tech news and fundraising announcements.
Interlay Launches New Layer 2 Network to 'Bring Back Builder Culture in Bitcoin,' Says CEO
Decentralized blockchain network Interlay announced the release of its Minimum Viable Product of Build on Bitcoin. Interlay co-founder and CEO Alexei Zamyatin discusses the new Bitcoin layer 2 network, sharing insights into the implications for the bitcoin community and the wider crypto ecosystem.
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.
Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December
Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant. A decline in total fees paid indicates low network usage, but could point to a rise in popularity of Ethereum layer 2 scaling solutions. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.
