Layer 2 Solutions | ForkLog

ForkLog 68 13.11.2024

ConsenSys Launches Linea Association and Announces Governance Token

ConsenSys, the developer behind Linea, has established the non-profit Linea Association to foster the development and decentralization of its Ethereum-based L2 using ZK-Rollups. Today we reach a major milestone: Introducing the Linea Association, an independent Swiss non-profit dedicated to advancing our ecosystem’s development and governance. This marks a significant step toward true network decentralization. For […]

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ForkLog 13 12.11.2024

Zerion Developers Launch ZERO Network L2 Solution

The Zerion team has launched the ZERO Network, an Ethereum layer-two solution. It allows users to trade, exchange, and issue crypto assets within a native wallet without the need to pay gas fees.

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ForkLog 32 12.11.2024

Lisk Launches Mainnet and Announces Token Airdrop

Lisk developers have announced the launch of their eponymous layer-two solution on Ethereum and a token airdrop of LSK. Company representatives informed The Block of this development.

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ForkLog 11 11.11.2024

ENS Labs Unveils Details of Namechain L2 Solution

Developers at Ethereum Name Service (ENS) have disclosed details of their upcoming Layer 2 solution, Namechain. Announced live at #frENSday? Namechain by @ensdomains, a purpose-built Layer 2 solution! This is the next evolution in ENS and part of the larger ENSv2 direction. By dramatically reducing costs, improving performance, and providing a familiar Ethereum developer experience […]

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ForkLog 7 04.11.2024

Tether Explores USDT Gas Payment Mechanism

Various Layer 2 solutions are working to support USDT for gas payments, according to Paolo Ardoino, CEO of the stablecoin issuer Tether. I hear again few rumors about a Tether Chain.Tether is not planning to build an official blockchain at this time.Simply different independent L2 solutions are working to support $USDt for gas fees. — […]

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ForkLog 73 30.10.2024

Vitalik Buterin Addresses Criticism of Ethereum’s Fragmented L2 Ecosystem

Ethereum co-founder Vitalik Buterin responded to criticism regarding the complexity of user interaction with second-layer networks, attributed to the fragmentation of the space. Camila Russo, founder of the DeFi media platform The Defiant, stated that while she is a supporter of Ethereum and a community participant, the team needs to stop downplaying the negative user […]

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ForkLog 20 29.10.2024

Ethereum’s Layer 2 Solutions: A Double-Edged Sword

Constraints within Ethereum are driving users, applications, and capital towards Layer 2 networks and competing blockchains like Solana as demand for faster and more scalable solutions grows. This perspective was shared by Zeta Markets co-founder Anmol Singh in a conversation with The Block. “Ethereum’s Layer 2 is a result of the base infrastructure being insufficient […]

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ForkLog 31 24.10.2024

Kraken Reveals Details of Its Own Layer 2 Solution

The American cryptocurrency exchange Kraken plans to launch its own blockchain, Ink, in the first quarter of 2025. This was revealed by its founder, Andrew Koller, in an interview with Bloomberg. Access will be open to both retail and institutional users. The launch of the test network is expected by the end of the year. […]

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ForkLog 17 22.10.2024

Scroll Token Surges 50% Following Binance Listing

The team behind the Layer 2 solution Scroll has launched an airdrop for the SCR token. The asset has been listed on Binance and several other leading centralized exchanges. The $SCR airdrop claims are now live. Find out more:https://t.co/PrcKOS3Elp — ScroII (@Scrroll_lZKP) October 22, 2024 On October 21, developers revealed the criteria for receiving the […]

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ForkLog 16 21.10.2024

Scroll Network Unveils Airdrop Criteria

Developers of the Layer 2 solution Scroll have announced the first airdrop of the SCR token, revealing the criteria for its distribution. The wait is finally over. Today, we’re excited to introduce Scroll’s First Airdrop ? This airdrop is a celebration of the collective efforts and contributions that have driven Scroll’s success so far. Read […]

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ForkLog 13 14.10.2024

Uniswap’s Potential $500 Million Revenue from Its Own Blockchain Assessed by Expert

The launch of Uniswap’s own Layer 2 solution, Unichain, could potentially generate around $500 million annually for Uniswap Labs and UNI token holders, according to analyst Michael Nadeau from The DeFi Report. . @Uniswap generated nearly $1.3b of trading and settlement fees across 5 primary chains over the last year. The protocol and token holders […]

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ForkLog 16 10.10.2024

Uniswap Unveils Unichain: A New Layer 2 Solution for DeFi

The decentralized exchange Uniswap has introduced its own Ethereum Layer 2 network named Unichain, specifically developed for DeFi. Introducing @unichain — a new L2 designed for DeFi ✨ Fast blocks (250ms), cross-chain interoperability, and a decentralized validator network Built to be the home for liquidity across chains pic.twitter.com/lqfJh6Ltio — Uniswap Labs ? (@Uniswap) October 10, […]

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