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Layer 2s
Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.

Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi
The goal is to create trust-minimized bridges between itself and other layer-1 blockchains, according to the abstract of a new "vision paper" shared with CoinDesk.

Ethereum's Changing Landscape
For investors, ETH’s future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmell, digital asset analyst, CoinShares.

Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
The blockchain project is taking advantage of an increasingly popular fundraising method known as "node sales" just months after a traditional $12 million fundraise.

Polygon Begins Token Swap, in Move to Allow More Issuance
The migration from Polygon's MATIC token to POL will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
The migration to POL from MATIC will also bring in some tokenomics changes with a new emission rate of 2% annually.

Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Tweets from the crypto exchange and Jesse Pollak, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.

It's a Different Sort of Olympics as Cryptographers Face Off in Polyhedra's 'Proof Arena'
This team of cryptographers claimed their "prover" – a key component of many blockchain systems – was faster than anyone else's. Now they've built a platform they say will provide transparent benchmarking for anyone who wants to compare the various options out there.

Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK
Rootstock verified the SNARK using BitVMX, which is Rootstock's modified version of BitVM

Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.
