The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.
The new open source ZK prover aims to reduce latency and reduce transaction costs for end users.
Users of Robinhood’s self-custody wallet will have access to Arbitrum swaps in the next coming months.
Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare.
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet.
SAVM jumped several thousand percent to a market capitalization of as high as $90 million a few hours after issuance.
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.
Madara blockchains can now use Avail for data availability, reducing the need for compressed data to be sent to Ethereum.
The platform is developing Bitcoin tools as the applications built on the network catch favor with investors.
The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.
Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
The release will be the second core product in the Mantle ecosystem, and comes just six months after the Mantle Network, a layer-2 network atop Ethereum, went live.
Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical.