Layer 2 Solutions | ForkLog

ForkLog 53 09.02.2024

Frax Finance Launches Fraxtal L2 Blockchain

The DeFi project Frax Finance has activated its own Ethereum-based Layer 2 network. Initially, Fraxtal is available to a limited number of “launch partners.” It’s time for the Fraxtal launch thread! The most important & consequential release since the dawn of Frax itself in 2020. Fraxtal testnet & mainnet are here for select launch partners! […]

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ForkLog 30 07.02.2024

opBNB Overtakes Arbitrum in Transaction Volume

opBNB, developed by BNB Chain, has surpassed Arbitrum in total transactions among Layer 2 networks, according to calculations by Coin98 Analytics. #Layer2 Monthly Report | January 2024Key Takeaways: — #Optimism maintains lead in total addresses — #opBNB surpasses #Arbitrum in total transactions— #MantaPacific surpasses Base, securing 4th position with over $461M in TVL— #Base leads […]

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ForkLog 11 05.02.2024

Manta Surpasses Base in TVL with $467 Million

Over the past month, the total value locked (TVL) in the Manta Network’s L2 network rose by 32%, reaching $467 million. TVL Manta. Data: DeFi Llama. This achievement allowed it to surpass Coinbase’s Base ($415 million) and secure the third position among all rollups. TVL of rollups. Data: DeFi Llama. The Manta ecosystem comprises 38 […]

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ForkLog 31 05.02.2024

Charles Hoskinson Criticizes Bitcoin’s L2 Development

Charles Hoskinson, the founder of Cardano, has expressed skepticism regarding the development of second-layer solutions on the blockchain of the first cryptocurrency. Having been around for more than ten years, I have seen this narrative thrice. It follows the halving. Every L2 venture will learn that it’s impossible because Bitcoin cannot change enough to support […]

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ForkLog 21 01.02.2024

Aevo to Launch Airdrop for Derivatives Platform

Supported by Paradigm and Coinbase, the cryptocurrency derivatives trading platform Aevo has deployed a smart contract for its native token, which is expected to be released in the coming weeks.

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ForkLog 38 30.01.2024

StarkNet and Celestia Collaborate on High-Performance L3 Networks

Developers from Celestia and StarkNet, a layer-two solution, have agreed to collaborate to enhance data availability (DA) within the Ethereum ecosystem for L3 networks. Modularism meets Integrity.@CelestiaOrg Blobstream is coming to @Starknet, enabling high-throughput L3s with Celestia underneath ✨ Let’s dive in? pic.twitter.com/xWVJoLo7r8 — Starknet ?? (@Starknet) January 29, 2024 The agreement involves using a […]

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ForkLog 29 30.01.2024

How EIP-4844 will affect ordinary Ethereum users

The crypto community is eagerly awaiting Ethereum’s next major upgrade—Cancun-Deneb (Dencun). It is the first large-scale update to the second-largest cryptocurrency since Shapella, activated in April 2023. Dencun spans several areas: scalability, lower gas fees, improved security, better cross-network communication and optimized data storage. This ForkLog article explains in plain terms the significance of EIP-4844—the […]

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ForkLog 12 30.01.2024

Immutable Launches Early Access to zkEVM Mainnet

Web3 gaming studio Immutable, in collaboration with Polygon Labs, has launched the zkEVM mainnet for Ethereum scaling, available to select ecosystem partners. Immutable zkEVM Mainnet Early Access is live! The future of gaming is here with the launch of Immutable zkEVM Mainnet, powered by @0xPolygon. Immutable zkEVM is an ecosystem that empowers games to thrive. […]

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ForkLog 21 30.01.2024

Orbiter Bridge Team Announces Launch of L2 Network

The team behind the cross-chain bridge Orbiter Finance plans to launch the Orbiter Rollup, a second-layer network based on zero-knowledge proofs (ZKP). ?”The Orbiter Evolution: From Bridge to Rollup, Reshaping the Ethereum Ecosystem”???Orbiter Finance is set to launch another satellite into the Ethereum galaxy! Today, we are thrilled to announce Orbiter Rollup—a pioneering #ZK-powered instant […]

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ForkLog 15 25.01.2024

AltLayer Airdrop’s Largest Beneficiaries Revealed

The airdrop from the AltLayer platform, which commenced on January 25 at 9:00 UTC (11:00 Kyiv/12:00 Moscow), saw participation from over 29,000 wallets. One user received 1.29 million ALT worth $408,000, as noted by Arkham Intelligence. gm Altlayer’s airdrop went live this morning at 9:00 UTC. Over 28,000 wallets have claimed it so far, with […]

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ForkLog 27 25.01.2024

Polygon Labs Unveils Blockchain Aggregation Layer AggLayer

Polygon Labs has developed AggLayer, an aggregation layer aimed at connecting blockchains based on zero-knowledge proofs (ZKP). Until now, blockchain scaling had 2 paradigms: Monolithic & Modular Introducing the next one: Aggregation A novel solution combining the benefits of monolithic & modular designs by unifying liquidity via safe, near-instant atomic cross-chain txs using ZK proofs. […]

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ForkLog 24 23.01.2024

Polymer Labs Secures $23 Million in Series A Funding

Polymer Labs, a startup focused on interoperability and Layer 2 solutions, has raised $23 million in a Series A funding round led by Blockchain Capital, Maven 11, and Distributed Global.

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