Layer-2
Ethereum lost over $100 million in fees this year, and one corporate giant kept the profit
Layer-2 networks drive Ethereum's activity but retain more profits, causing a significant revenue shift for the blockchain network.
layer-2
Latest stories
Layer-2
Arbitrum launches $40M DeFi incentive amid intensifying L2 race
The DRIP program paves new avenues for decentralized finance, earmarking 80 million ARB tokens for incentive distribution.
Outage
Starknet resumes block production after major outage following Grinta upgrade
Post-outage, Starknet's token suffers as team works to mitigate future disruptions with transparency and updates.
Layer-2
Vitalik Buterin highlights risk of weak proof systems in Ethereum Layer-2 rollout
Buterin supports multisig setups to mitigate proof system vulnerabilities in Layer-2.
Crypto
Ethereum supply turns inflationary as gas fees drop to record lows
Fees declined due to increased use of Layer 2 scaling solutions and the adoption of blob transactions.
Crypto
Base outpaces Optimism and Arbitrum amid Coinbase’s Smart Wallet debut
The Coinbase-backed Base network has hit a transaction record, nears Optimism in TVL.
Hacks
Linea under scrutiny for unilateral block production halt amid Velocore hack
Linea says its goal remains maintaining a permissionless, censorship-resistant environment.
Crypto
Ethereum Name Service proposes ENSv2 upgrade to tap into booming layer 2 networks
Ethereum layer2 networks are enjoying a period of high adoption and a record TVL.
DeFi
Polygon leads in EVM efficiency as DeFi users favor low transaction costs
DeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees.
Technology
OKX launches testnet for X1, a zkEVM layer-2 network built with Polygon Chain Development Kit
X1 is a developer-centric network designed to catalyze the growth of Web3 by bridging diverse communities across DeFi, enterprise, and other verticals.
Technology
A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’
A16z Crypto's Magi aims to enhance the diversity and performance of the Optimism Layer 2 network ecosystem.
DeFi
Behind zkLend, a dual solution money market protocol for institutions and retail
The L2 money-market protocol wants to build the next legacy of finance.