Layer 2 Solutions | ForkLog

ForkLog 11 09.01.2022

Arbitrum L2 mainnet outage

An outage hit the Arbitrum mainnet, the Layer-2 scaling solution. The project team reported an error in the Sequencer smart contract, causing the protocol to stop producing new blocks. Developers assured users that funds were safe.

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ForkLog 14 17.12.2021

Optimism opens access to its Ethereum L2 solution for all developers

The Optimism team has abandoned the whitelist concept and opened access to its Ethereum L2 solution to all developers. Any project can now deploy smart contracts on the network.

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ForkLog 19 17.12.2021

Aztec closes $17 million Series A led by Paradigm and other investors

The London-based startup Aztec closed a $17 million Series A round, led by Paradigm.

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ForkLog 25 10.12.2021

Polygon acquires Mir Protocol in $400 million deal

Polygon (MATIC) has acquired Mir Protocol, a startup that develops Ethereum scaling solutions based on ZK-Rollups. The deal was valued at $400 million.

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ForkLog 33 07.12.2021

Vitalik Buterin explains the role of ZK-Rollups in Ethereum scalability

Vitalik Buterin published a probable roadmap for Ethereum's development, through which the network, the second-largest cryptocurrency by market value, could boost its scalability while remaining secure and censorship-resistant. Central to the concept is the ZK-Rollups technology.

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ForkLog 18 30.11.2021

StarkWare launches alpha version of StarkNet, the L2 scaling solution

StarkWare, a project specialising in layer-2 scaling solutions, announced the launch of the alpha mainnet for StarkNet based on ZK-Rollup technology.

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ForkLog 43 28.11.2021

Vitalik Buterin proposes a method to lower Layer 2 transaction costs for Ethereum

Vitalik Buterin unveiled a roadmap for developing Layer 2 solutions based on Rollups for Ethereum. To increase throughput, he proposed limiting data in blocks and a phased rollout of sharding.

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ForkLog 54 18.11.2021

Polygon unveils ZK-Rollups-based scaling solution for Ethereum

The Polygon project team announced a new layer-2 solution for Ethereum based on ZK-Rollups technology and released its central component—the virtual machine that uses the zk-STARKs protocol as the underlying proof system.

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ForkLog 16 16.11.2021

StarkWare raises $50 million at a $2 billion valuation

The StarkWare project, focused on layer-2 scaling solutions, raised $50 million.

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ForkLog 17 16.11.2021

Arcane Research: L2 Solutions for Ethereum Cut Transaction Costs by 90–99%

Optimistic rollups-based solutions Arbitrum and Optimism reduce transaction costs by up to 90–99%.

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ForkLog 11 09.11.2021

Why DeFi and NFT Projects Are Choosing Polygon? Itez Explains

The cryptocurrency buying service Itez explains Polygon's prospects and the reasons for the popularity of Layer-2 solutions.

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ForkLog 22 08.11.2021

zkSync developers raise $50m in Series B led by a16z

Matter Labs, behind zkSync Layer-2 on zkRollup technology, closed a $50 million Series B led by a16z. Participating investors included Blockchain.com, Crypto.com, ConsenSys, Bybit, OKEx, Alchemy, Covalent, and founders and top executives of AAVE, Paraswap, Lido, Futureswap, Gnosis, Rarible, Aragon, Liquity, Celer, Connext, Perpetual, Euler, Opium, as well as Placeholder, Dragonfly and 1kx. The funds will be used to expand the R&D and growth. In June 2020 Matter Labs launched a beta version of zkSync on Ethereum with 2000 TPS and a $0.01 average fee. In March 2021 Matter Labs closed a Series A round. In August Polygon acquired the Hermez Network.

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