Scaling


Tech

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’

The upgrade, a hard fork proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”

Layered bedrock. (NASA)

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)

Tech

Matter Labs Opens zkSync Era to Users, Claiming First in ‘Zero Knowledge’ Tech on Ethereum

After zkSync Era was launched only for developers last month, the project took the additional step Friday of opening to general users. The latest push comes just days ahead of the rival Polygon system’s planned rollout Monday of its own “zero knowledge Ethereum Virtual Machine.”

Citrea says its zero-knowledge rollup will help expand Bitcoin's ability to accommodate NFTs and DeFi. (Unsplash modified by CoinDesk)

Tech

Arbitrum to Airdrop New Token and Transition to DAO

The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network.

(DALL-E/CoinDesk)

Tech

Polygon Exploring Use of ZK Technology for Main Chain, Co-Founder Bjelic Says

In an interview with CoinDesk, Polygon’s Mihailo Bjelic shared the progress the blockchain is making on becoming a ZK-secure ecosystem.

Polygon co-founder Mihailo Bjelic (Polygon)

Markets

OP Token Surges 25% as Optimism Foundation Proposes 'Bedrock' Upgrade

Layer 2 scaling system Optimism's governance token, OP, has chalked up a 200% rally in four weeks, outperforming market leaders bitcoin and ether by a big margin.

OP alcanzó su máximo histórico mientras Optimism propone la actualización Bedrock. (CoinDesk/Highcharts.com)

Finance

Blockchain Scaling Project Sovereign Labs Raises $7.4M in Seed Round

The fundraise was led by Haun Ventures and included Maven 11, 1KX, Robot Ventures and Plaintext Capital.

(Unsplash, modified by CoinDesk)

Tech

What Ethereum Tech Trends Are Weathering the Bear Market?

Zero-knowledge, staking and MEV are among the core tech concepts that have continued to attract attention amid the market slump.

(Sam Ewen/Midjourney/CoinDesk)

Finance

Arbitrum Founder Dismisses Launch of First Mainnet zkEVM

Arbitrum co-founder Steven Goldfeder has said that a zkEVM is "not 12 days away from mainnet."

The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)

Tech

Ethereum Layer 2s Could Take Revenue From the Blockchain as They Become More Competitive: Coinbase

For now, transacting on the base blockchain provides a solution for users who need or value security over speed, the report said.

Layer 2 blockchains could siphon revenue away from Ethereum. (Muhammad Iswahyudi/Pixabay)