Layer 2 Solutions | ForkLog

ForkLog 22 25.06.2024

ZKsync Developers Unveil ‘Elastic Chain’ Architecture

The team behind the L2 solution ZKsync has unveiled a new ecosystem design, initiating a shift to an ‘elastic chain’ architecture, as reported by The Block. The update v24, launched on June 7, transforms ZKsync from a single ZK-rollup into a network of multiple chains. These blockchains are expected to feature functional interoperability and a […]

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ForkLog 13 20.06.2024

ZKsync Era’s Airdrop Fails to Revive Network Activity

The number of active addresses (7 DMA) in the ZKsync Era L2 network fell from 455,000 to 218,000 between late February and June 10, as noted by experts from The Block. The average daily number of transactions during this period decreased from 1.75 million to 512,000. On June 11, the ZKsync association confirmed the airdrop […]

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ForkLog 20 18.06.2024

Base DEX Users Reach Record 267,000

The number of DEX users on Base has surged to an all-time high of 267,000. Recently, the number of Base DEX trading users has continued to grow, reaching 267k on June 17, a record high. Base DEX trading users have now surpassed BNB Chain and is second only to Solana. This is related to the […]

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ForkLog 7 11.06.2024

Optimism Developers Integrate Fault Proofs into Smart Contracts

Users of Optimism can now independently initiate the withdrawal of ETH and ERC-20 tokens “without the involvement of any trusted third parties.” In essence, they can challenge potentially fraudulent or incorrect transactions. ? FAULT PROOFS & STAGE 1 HAVE ARRIVED ? Open source, permissionless fault proofs are live on OP Mainnet, and with them the […]

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ForkLog 15 10.06.2024

ZKsync Developers Unveil Governance System for ZK Nation

The Ethereum layer-two network ZKsync, developed by Matter Labs, has announced a new governance model for its ecosystem called ZK Nation. Welcome to ZK Nation, a community to govern, defend, and grow the ZKsync protocol. Read the full announcement here:https://t.co/HRArUnJt3m pic.twitter.com/GtgxmNalqN — ZK Nation (@TheZKNation) June 10, 2024 “ZK Nation is a community driven by […]

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ForkLog 12 10.06.2024

Base Surpasses Optimism with $8 Billion in Total Value Locked

The total value locked (TVL) in the Ethereum Layer 2 network Base has exceeded $8 billion, surpassing the OP Mainnet from the Optimism team. TVL Base. Source: L2BEAT. According to L2BEAT, as of June 10, TVL Base comprises $2.13 billion in canonical value (assets tied to Ethereum) and $5.84 billion in native funds. The protocol […]

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ForkLog 22 06.06.2024

B2BinPay Integrates L2 Solutions and Tron Staking

The platform B2BinPay has incorporated support for L2 solutions Optimism, Arbitrum, and Base, as well as Tron (TRX) staking in the 20th version of its crypto processing service, according to a press release.

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ForkLog 45 05.06.2024

StarkWare Aims to Scale Bitcoin with ZK-STARK Technology

StarkWare, the company behind StarkNet, plans to make its L2 network a unified scaling layer for Bitcoin alongside Ethereum. Bitcoin’s biggest challenge is scalability. StarkWare has a vision to change that. The concept of STARK scaling for blockchains was first introduced by @EliBenSasson at a Bitcoin conference in early 2013. It’s now time to scale […]

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ForkLog 18 04.06.2024

Ark Labs to Launch Bitcoin Layer 2 Solution

Ark Labs is developing a second-layer network for the digital gold, based on the Ark protocol, as reported by The Block.

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ForkLog 13 04.06.2024

BLOB Integration Significantly Reduces Blast Usage Costs

The Layer 2 network Blast has begun utilizing BLOB objects, reducing transaction fees by approximately tenfold, according to The Block. On May 27, the protocol’s developers added support for Dencun, which includes EIP-4844. Blast will be upgraded to support blobs on Monday May 27 at 2PM PT. Blast users will have lower gas fees and […]

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ForkLog 27 28.05.2024

ENS Developers to Expand Service to Layer 2 Networks

ENS Labs, the firm behind Ethereum Name Service, has announced plans to extend its service to Layer 2 protocols following a recent update. Introducing ENSv2: The Next Generation of ENS ??? ENS Labs is excited to announce our proposal to extend the ENS protocol to a Layer 2 network. This move isn’t just about migrating […]

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ForkLog 19 27.05.2024

Taiko Protocol Launches on Ethereum Mainnet

The Taiko project, a second-layer solution for scaling Ethereum, has launched its mainnet. Dear Taiko Community, We are beyond excited to announce that after two years of hard work, the Taiko protocol has been deployed on Ethereum mainnet! ? Let’s look at how you can start exploring Taiko today: 1/ pic.twitter.com/LXGdPbV1Yr — Taiko ? (@taikoxyz) […]

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