Layer 2 Solutions | ForkLog

ForkLog 9 01.03.2024

Binance Explores Modular Blockchains as a Solution to Scaling Challenges

The Binance Research team has released a report addressing scaling issues in L1/L2 networks and explaining how modular blockchains aim to resolve these challenges. The modular ecosystem is fast growing and set to push the frontier of blockchain scaling this year. Our new #Binance report explores these developments among the wider scaling landscape, featuring Celestia, […]

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ForkLog 28 01.03.2024

StarkWare Unveils New ZKP Prover

The StarkWare team, developers of the Ethereum Layer 2 network StarkNet, has announced the launch of a new zero-knowledge proof (ZKP) verification tool named Stwo. This is Stwo-good-to-be-true! We are proud to announce: Stwo, our next-gen Circle-STARK-based prover✨ Stwo will be built based on the recent mathematical advancement of Circle-STARKs to create super efficient and […]

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ForkLog 17 01.03.2024

Blast Mainnet Launch Sees $1.3 Billion Withdrawn by Users

On February 29th, developers of the Ethereum Layer 2 solution, Blast, launched the mainnet, unlocking over $2.3 billion for withdrawal. The Blast Mainnet is NOW LIVE Early Access users can bridge to Mainnet and use Blast-native Dapps that don’t exist anywhere else? pic.twitter.com/mt5dJOADMp — Blast (@Blast_L2) February 29, 2024 Blast is an EVM-compatible scaling protocol […]

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ForkLog 36 29.02.2024

Marathon Unveils Bitcoin-Based L2 Network Anduro

Mining company Marathon Digital Holdings has introduced Anduro, a multi-chain, layer-two platform for the blockchain of the first cryptocurrency. Today, we’re announcing Anduro: a multi-chain, layer-two network on #Bitcoin. pic.twitter.com/kgEAlbJdto — Marathon Digital Holdings (NASDAQ: MARA) (@MarathonDH) February 28, 2024 “Anduro is a platform built on the Bitcoin network that allows for the creation of […]

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ForkLog 8 28.02.2024

Expert Advocates for Rollup Diversity, Comparing Them to City-States

Second-layer solutions are finding it increasingly difficult to retain developers and attract major dapps, according to Dovey Wan, founder of Primitive.Ventures. She likened the governance model of rollups to city-states. GM Denver, some thoughts on the dynamic bwtn supers dapp and L2s in my morning coffee journal ? (a bit wordy): I don’t know what’s […]

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ForkLog 34 27.02.2024

Blast Developers Announce Mainnet Launch Date

The mainnet launch of Blast, an Ethereum Layer 2 solution, is scheduled for February 29. Blast has reached $2 Billion in TVL. 157,638 community members are now earning yield + Blast Points. Stay tuned for Mainnet, February 29! pic.twitter.com/qHUYTHhupg — Blast (@Blast_L2) February 27, 2024 The developers also reported that the total value locked (TVL) […]

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ForkLog 28 26.02.2024

Mantle Token Surges 20% to All-Time High Amid L2 Sector Growth Predictions

The native token of the Ethereum Layer 2 solution, Mantle Network (MNT), soared by 20% in a day to reach $0.948, marking an all-time high. 15-minute chart of MNT/USDT on Bybit. Source: TradingView. At the time of writing, the coin’s price had adjusted to $0.885 amid a broader market decline. According to CoinGecko, the asset’s […]

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ForkLog 16 22.02.2024

Vitalik Buterin Advocates for Simplifying Layer 2 Solutions

Ethereum co-founder Vitalik Buterin has voiced concerns about the “complexity” of Layer 2 solutions. Honestly I’m about 3x less confident in the “simplify L1 even at the expense of more complicated L2s” concept than I was five years ago. The challenge is that when you can trade off between L1 bug risk and L2 bug […]

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ForkLog 22 21.02.2024

Optimism Distributes $39 Million in OP Tokens via Airdrop

The team behind the Ethereum layer-two network Optimism will distribute 10.3 million OP tokens (approximately $39.2 million) among 22,998 unique addresses. 1/ Create together, and benefit together. That’s the Superchain. Today, @Optimism unveils Airdrop #4. Allocating 10M+ OP to over 22k unique addresses. Read more about how to claim here: https://t.co/smGLcc4yID pic.twitter.com/E8YUGFo8gW — Optimism (@Optimism) […]

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ForkLog 18 15.02.2024

TRON Team to Develop Bitcoin Layer 2 Scaling Solution

Justin Sun, the founder of TRON Foundation, has announced plans to develop a Layer 2 network based on TRON to scale Bitcoin. The roadmap includes integrating a cross-chain solution to connect tokens from both ecosystems. #TRON Announces Its Bitcoin Layer 2 Solution and Road Map Today is a significant day for #TRON. Let’s make #Bitcoin […]

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ForkLog 25 15.02.2024

Starknet Foundation to Unlock 1.3 Billion STRK for Developers and Investors

On April 15, 1.314 billion STRK will be distributed among investors and developers—nearly double the amount of the airdrop. The community has labeled the actions as fraudulent. The fully diluted market value of StarkNet could exceed $16 billion. The Starknet Foundation will unlock 1.314 billion native tokens of the Ethereum-based StarkNet Layer 2 network, valued […]

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ForkLog 36 14.02.2024

Starknet Foundation to Distribute Over 700 Million STRK Tokens

The Starknet Foundation has announced the distribution of over 700 million native tokens of the Ethereum Layer 2 network, StarkNet, to nearly 1.3 million addresses. gm STRK ✨✨✨ Read more: https://t.co/XQwhiecHhT pic.twitter.com/loV0YgDde0 — Starknet Foundation (@StarknetFndn) February 14, 2024 Applications for receiving STRK will be available from February 20. Users can check their eligibility for […]

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