layer 2


Tech

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols

Bitcoin already has one of the most diverse layer 2 ecosystems of any network, but coming technology upgrades could lead to an acceleration in the blockchain's development, according to Blockstream's Lisa Neigut.

Blockstream's Lisa Neigut speaks at Consensus 2023 in Austin, Texas. (CoinDesk)

Finance

Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

The platform offers another venue to trade digital assets.

Vertex Protocol co-founder Darius Tabatabai (Vertex)

Tech

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape

Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?

Layer 2s with native tokens and blockchain bridges might introduce more problems than they fix as blockchain scaling solutions, Trust Machine's Rena Shah argues. (Creative Commons, modified by CoinDesk)

Tech

Celo Joins Chainlink Program Giving Developers Access to Data Feeds

More than 90 Celo community members voted in favor of joining the Chainlink Scale program while three voted to not join.

(Markus Spiske/ Unsplash)

Markets

Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows

TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping, according to analytics website L2Beat. Arbitrum dominates the layer 2 scaling landscape by market share.

Layer 2 (Etienne Girardet/Unsplash)

Tech

1inch, Aggregator of Decentralized Crypto Exchanges, to Launch on Ethereum Rollup zkSync Era

The company, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM.

(Creative Commons, modified by CoinDesk)

Videos

Blockchain Analytics Show Movement Toward Layer 2s: Arkham

During CoinDesk's "Projects to Watch 2023" week, Arkham founder and CEO Miguel Morel discusses the importance of on-chain analytics for the transparency of the crypto space. Morel also weighs in on why a lot of on-chain activities are beginning to move toward layer 2s.

Recent Videos

Consensus Magazine

StarkNet Aims to Enhance Scalability, Privacy and Security on Ethereum

One of the first projects to integrate the intriguing new mechanism of account abstraction has already gotten Visa on board to secure payments processing for crypto transactions. That’s why StarkNet is a 2023 Project to Watch.

(Rachel Sun/CoinDesk)

Videos

Ether Hovers Around $1.9K Ahead of ‘Shapella’ Upgrade

The interest in ether trading comes ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Shapella will allow investors to withdraw their ether staked on the Ethereum blockchain. Runa Digital Assets Chief Operating Officer Max Williams discusses what to expect from Shapella, sharing insights into ether's supply since the Merge, ETH staking yield outlook, and Layer 2s like Arbitrum and Optimism.

Recent Videos

Tech

Locked Value on zkSync Era Climbs Past $100M

Ether and USD coin dominate locked tokens on the upstart network.

(Mufid Majnun/Unsplash)