GeneralBeginnerBase, an Ethereum Layer-2 (L2) solution created by cryptocurrency exchange giant Coinbase. Let’s delve into the intricacies of Base and explore how it aims to address some of Ethereum’s current challenges. What is Base? Base is a blockchain developed by Coinbase as a Layer 2 chain for the Ethereum…
#coinbase#layer-2
CardanoBeginnerThe abandonment of Hydra is “just pure FUD,” co-founder of Cardano Charles Hoskinson stated in a post on X. Co-founder of Cardano Charles Hoskinson has dispelled reports that the company has given up on its Hydra layer-2 scaling project for the network. The CEO of IOHK posted on X on March 18 to…
#defi#layer-2
EthereumBeginnerEthereum co-founder Vitalik Buterin is calling for a change of heart within the Ethereum ecosystem. Speaking at ETH Global’s Pragma London event on March 14th, Buterin emphasized the need for a mindset shift towards layer-2 (L2) solutions to achieve mainstream adoption and global impact. His…
#layer-2#vitalik-buterin
BNB ChainBeginnerBNB Chain, the blockchain network backed by Binance, unveiled a new rollup-as-a-service (RaaS) solution on March 14, 2024. This RaaS aims to simplify the process for projects to build custom layer-2 networks on the BNB Chain, specifically the BNB Smart Chain (BSC). The service offers decentralized…
#binance#defi#layer-2
EthereumBeginnerManta Pacific co-founder, Kenny Li, maintains his stance that only a select few Ethereum Layer 2 (L2) blockchains will survive the next five years. He reiterates his support for “modular” blockchains like Manta, Celestia, and Cosmos, claiming they possess the architectural foundation for long-term…
#crypto#layer-2
EthereumBeginnerThe Ethereum layer-2 scaling solution, Blast, launched its mainnet on February 29th, 2024, unlocking a staggering $2.3 billion in previously staked crypto on the network. This milestone marks the culmination of a period where users were unable to withdraw their funds, as they were locked up before…
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EthereumBeginnerUsers have locked more than $2.1 billion on the Blast protocol as they eagerly await an airdrop slated for May. Blast, an Ethereum layer-2 network, has surpassed a total value locked (Blast TVL) of $2.1 billion. Just a few days before the recently declared launch of its mainnet, scheduled for the…
#crypto#layer-2
EthereumBeginnerThe Ethereum Name Service (ENS), known for its user-friendly “.eth” domain names, is exploring the possibility of building its own Layer 2 (L2) scaling solution. This move, revealed by ENS director Khori Whittaker, signifies a growing trend of projects taking control of their own infrastructure…
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