Layer 2 Solutions | ForkLog

ForkLog 18 10.10.2024

Optimism Conducts Fifth Airdrop Distributing 10.3 Million OP Tokens

The team behind the Ethereum layer-two network, Optimism, has conducted its fifth airdrop, distributing 10.3 million OP tokens (approximately $16 million) among 54,700 unique addresses. ? Use the Superchain, and reap the benefits ? Today, @Optimism unveils Airdrop #5: Onchain together, benefit together. 10M+ OP has been allocated to 54k+ unique addresses. As of today, […]

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ForkLog 62 08.10.2024

Scroll’s Layer 2 Network Announces SCR Token Launch and Airdrop

On October 22, the Layer 2 network Scroll, based on ZK-Rollups, will launch the SCR token and conduct an airdrop. About the $SCR Token Launch ⤵ • Token Name: Scroll (SCR)• Total Token Supply: 1,000,000,000 SCR• Airdrop Snapshot Date: October 19, 2024• Token Launch Date and Airdrop Claim Availability: October 22, 2024 3/8 — Scroll […]

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ForkLog 15 08.10.2024

Linea Unveils Roadmap for Decentralization

ConsenSys developers have introduced a protocol improvement proposal for their Layer 2 network project, Linea, focusing on decentralization solutions. ?️ Let’s dive into the latest proposal on L2 decentralization! ? 1️⃣ I went through @florian_huc‘s proposal on @LineaBuild‘s decentralization and want to share key concepts. Here’s a breakdown of the first ideas: ? Shout out […]

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ForkLog 14 27.09.2024

Vitalik Buterin Advocates for Increased BLOB Count in Ethereum Blocks

The number of BLOBs in Ethereum blocks should be increased to enhance Layer 2 throughput, according to Vitalik Buterin, co-founder of the network. In March, the Dencun hard fork activated EIP-4844, implementing the Proto-Danksharding option to create a new type of transaction for BLOBs. This space is intended for temporarily storing large volumes of data, […]

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ForkLog 6 26.09.2024

CoinShares Deems Ethereum Investment Returns ‘Uncertain’

The price growth of Ethereum largely hinges on organic transactional demand for the asset, according to CoinShares experts. Currently, on-chain activity is primarily focused on speculative use cases. Analysts criticized EIP-4844, which they believe has created imbalances between the first layer and L2. Professional financial market players are beginning to show interest in Ethereum due […]

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ForkLog 17 20.09.2024

Is there life after an airdrop? How L2s wither

Layer-2 (L2) solutions are a crucial pillar of Ethereum’s roadmap, and airdrops have stoked interest in them. But how sound is this strategy, and does it really lure new active participants into the segment? Oleg CashCoin studied the statistics of four leading L2 projects and found the opposite. How it began Thanks to the personal […]

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ForkLog 74 14.09.2024

Starknet Community Approves STRK Token Staking Launch

StarkWare’s proposal to initiate staking for STRK tokens received overwhelming support, with 98.94% of Starknet’s L2 network users participating in the community’s inaugural vote. The vote on the STRK staking parameters has concluded, passing with 98.94% in favor ✅ Below are the staking figures at launch, resulting from this vote. Now it’s time to finish […]

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ForkLog 16 12.09.2024

Buterin Revises Approach to Mentioning L2 Solutions

Ethereum co-founder Vitalik Buterin announced a change in his approach to mentioning L2 solutions. Starting next year, he will publicly discuss only projects that have reached the “stage 1+” level. I take this seriously. Starting next year, I plan to only publicly mention (in blogs, talks, etc) L2s that are stage 1+, with *maybe a […]

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ForkLog 12 09.09.2024

Fractal Bitcoin Launches Mainnet for Enhanced Scaling

The team behind Fractal Bitcoin, a scaling solution for the leading cryptocurrency, has launched its mainnet. ? The Fractal Mainnet is LIVE! ? We’re thrilled to announce that Fractal’s first block has been mined, marking the beginning of a new era for scaling Bitcoin natively. ? Fractal’s genesis block carries the same message as Bitcoin’s: […]

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ForkLog 24 04.09.2024

Polygon Initiates MATIC to POL Conversion

On September 4, developers of the Polygon Layer 2 network launched an update to convert the blockchain’s utility token MATIC to POL at a 1:1 ratio. we interrupt your doomscroll with another reminder MATIC will be upgraded to POL tomorrow ? the tl;dr for the hyperproductive token: https://t.co/brdQT9WeFa pic.twitter.com/D63qiqdZPX — Polygon | Aggregated (@0xPolygon) September […]

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ForkLog 16 03.09.2024

Matter Labs to Reduce ZKsync Developer Workforce by 16%

The CEO of Matter Labs, the company behind the ZKsync protocol, Alex Gluchowski, has announced a 16% reduction in staff.

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ForkLog 35 03.09.2024

Which layer is your bitcoin? Current paths to scaling the original cryptocurrency

In 2023 the Ordinals project delivered rich fee income to miners and revived the debate about scaling the first cryptocurrency. A culture of building on digital gold spurred a trend to create L2 networks atop bitcoin—Bitcoin Layers (BL). By August 2024 nearly a hundred such efforts existed. ForkLog examined the main methods for scaling bitcoin, […]

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