scaling | ForkLog

ForkLog 21 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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ForkLog 24 01.10.2021

DeFi reboot: how Arbitrum became Ethereum’s leading layer-2 solution

ForkLog examined Arbitrum’s features, the reasons behind the rapid growth of its ecosystem, and the pitfalls of this trendy solution.

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ForkLog 31 17.08.2021

1inch Network Deploys Optimism Second-Layer Solution

The DeFi project 1inch Network has launched its platform on the Optimistic Ethereum mainnet (OΞ), promising fast and inexpensive transactions.

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ForkLog 22 28.07.2021

Aave, Curve and SushiSwap: why leading DeFi projects are integrating with Polygon

ForkLog examined the reasons behind the ecosystem's growth and the architecture of Polygon.

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ForkLog 24 23.07.2021

Reddit to Move Tokens to Ethereum Mainnet via Arbitrum

Reddit will test Ethereum Layer-2 solution Arbitrum for its Community Points programme.

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ForkLog 14 13.07.2021

Uniswap rolls out Optimism second-layer scaling solution

Uniswap launched an alpha version of the platform on the Optimistic Ethereum (OΞ) mainnet, offering fast and cheap transactions.

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ForkLog 30 26.05.2021

Mark Cuban Invests in Polygon Network as MATIC Surges 30% in 24 Hours

Mark Cuban invested in the Polygon network (formerly Matic), an Ethereum Layer-2 solution. It has joined the roster of projects supported by Mark Cuban Companies.

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ForkLog 30 24.05.2021

Vitalik Buterin criticises Elon Musk’s Dogecoin scalability plan

Vitalik Buterin criticised Elon Musk for remarks about increasing Dogecoin's scalability and reducing its network fees.

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ForkLog 11 11.05.2021

NiiFi, Ethereum-based DEX, raises $3m in seed round led by DARMA Capital

The decentralized exchange NiiFi, built on the Ethereum Layer 2 solution Nahmii 2.0, has raised $3 million. The seed round was led by DARMA Capital, a fund launched by former ConsenSys employees.

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ForkLog 16 19.04.2021

A Second Wind for DeFi: How Developers Scale Ethereum

The question of Ethereum scalability has been one of the most debated since the network's launch. Fortunately, second-layer solutions are being actively developed and deployed.

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ForkLog 32 01.04.2021

NFT marketplace OpenSea integrates Ethereum layer-2 solution

The NFT marketplace OpenSea will use the Immutable X protocol to eliminate fees entirely during NFT trading.

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ForkLog 16 29.03.2021

Optimism developers delay mainnet launch

The Optimism project, behind the development of the Ethereum Layer 2 solution L2 Optimistic Ethereum (OΞ), has ruled out launching the mainnet in March.

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