The next major Ethereum upgrade, called Fusaka, a hybrid of “Fulu” (consensus) and “Osaka” (execution), will modify how the network handles data and fees without altering the primary user experience. Beneath the surface, it’s a statement of direction: Ethereum’s main chain is staying the final settlement and data-availability hub, while everyday activity continues to flow […]
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This week, the Ethereum ecosystem has been rocked by a $654 million ETH transfer by the Ethereum Foundation. This triggered intense scrutiny over developer compensation, transparency, and leadership, culminating in the public resignation of core developer Péter Szilágyi and renewed criticism of governance practices. Simultaneously, Polygon’s AggLayer upgrade has faced launch delays and network instability, […]
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When Kadena Organization, the company behind the Kadena blockchain, announced it was shutting down operations on Oct. 21, the message was formal, quiet, and devastatingly simple. The company thanked its community, cited “market conditions,” and confirmed that it would cease all business activity and maintenance of the blockchain immediately. In a final note on X, […]
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An Amazon Web Services disruption on Oct. 20 knocked out MetaMask and other ETH wallets displays and slowed Base network operations, exposing how cloud infrastructure dependencies ripple through decentralized systems when a single provider fails. AWS reported a fault in its US-EAST-1 region starting at 03:11 ET, with DNS and EC2 load-balancer health monitoring failures […]
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Arbitrum, the largest Ethereum layer-2 protocol, has launched a new initiative designed to channel liquidity into decentralized finance. The DeFi Renaissance Incentive Program (DRIP), announced on Sept. 3, will allocate up to $40 million in rewards to users performing targeted on-chain actions rather than simply generating attention. The program, structured by Entropy and powered by […]
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Starknet, an Ethereum Layer 2 (L2) scaling network, has resumed block production after a significant disruption halted activity for more than four hours. In a Sept. 2 update on X, the team announced that “block production is back to normal,” confirming that most RPC providers are operating again while the remaining ones prepare to upgrade. […]
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Ethereum co-founder Vitalik Buterin has warned that Layer-2 networks should only transition to full decentralization when their underlying proof systems are highly reliable. In a May 5 post shared on X (formerly Twitter), Buterin emphasized that advancing to “stage 2″ of decentralization must be accompanied by solid technical safeguards to avoid introducing unnecessary risks. He […]
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The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.
Galaxy Research data revealed that $174 million had been invested in Bitcoin layer-2s between January and September.
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside.
“I think the ecosystem is sleeping on the fact that it's uncomfortably close to a ceiling,” cautions the Ethereum co-founder.
Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year.
“I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems,” said the Ethereum co-founder.
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains.
Coinbase-backed Ethereum layer-2 network, Base, is experiencing rapid growth, reflecting the significant adoption and attention it enjoys from the crypto community. Base’s growth comes amid the exchange launch of its Smart Wallet, a self-custodial solution aimed at bringing more than 1 billion users on-chain. Increased network activity Base recorded the highest daily transactions among Ethereum […]
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Ethereum layer-2 blockchain Linea is under fire after it revealed that it unilaterally stopped block production because Velocore, a decentralized exchange operating on its network, was hacked. Over the weekend, 700 ETH—equivalent to over $2.6 million—was moved off the layer-2 network via an unnamed third-party bridge because of the Velocore hack. As of press time, […]
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Memes on Base have helped to onboard thousands of people to the layer-2 network and will be key for the next million, says Base creator Jesse Pollak.
The integration is touted to allow users to natively manage Bitcoin on any rollup in Avail’s data availability ecosystem without bridging or wrapping BTC.
Token Unlocks highlighted that Arbitrum will do a “Cliff Unlock,” where tokens are released in a lump sum at the deadline.
Anduro utilizes merge-mining, which could allow miners to earn revenue from sidechain transactions while continuing to mine BTC.
Danksharding and proto-danksharding enhance Ethereum scaling by optimizing layer-2 communication with the main chain.