layer 2

Over the past year, Bitcoin has evolved at an unprecedented pace. A so-called “Bitcoin Renaissance” has ushered in NFTs, token standards, staking, and dozens of new scaling solutions and “Layer 2s” built upon the oldest, most popular blockchain. In fact, while Bitcoin’s recent price action has been volatile, developers say …

The two founders, Rushi Manche and Cooper Scanlon used to be the students of Vanderbilt University. They first met in college, where they recognized each other’s fascination with blockchain technology and quickly bonded, dreaming of building a business together, which led them to drop out of college in 2022 and …

–> UPDATED: September 13, 2024, 7:04AM EDT Ethereum Layer 2 Starknet has approved a governance vote to implement staking within its network, with the network paying out rewards to stakers based on the total tokens staked. Earlier today, the large majority of Starknet () token holders ratified the proposal submitted …

Soneium, an Ethereum Layer-2 network, has joined Chainlink’s Scale program, according to a Sept. 12 statement shared with CryptoSlate. This move grants the blockchain network’s Minato Testnet access to Chainlink’s Data Feeds and also makes the Oracle network’s Cross-Chain Interoperability Protocol (CCIP) services its canonical cross-chain infrastructure. Chainlink’s Data Feeds …

L2s facilitate more efficient and flexible delegation of data processing tasks in support architecture. As a result, the core blockchain protocol does not experience congestion, making scalability possible. Vitalik Buterin stated that he would only recognize Layer-2 (L2) networks that reach “stage 1+” maturity, offering a limited opportunity for “new …

There’s the bully pulpit. And then the silent treatment. Ethereum co-founder Vitalik Buterin wrote on X that he will be weighing in on layer 2 networks differently in his public posts from now on – omitting mentions of those projects that aren’t decentralized enough. To merit any ink, they have …

This rise in interest is predominantly due to developers attempting to answer the question of whether Bitcoin’s use cases can stretch beyond P2P electronic cash or a store of value and how much more we could accomplish with the original blockchain and cryptocurrency. The integration of Bitcoin into traditional financial …

BeInCrypto spoke to three key blockchain developers—Jack O’Holleran from Skale Labs, Charles Wayn from Galxe, and Matt Katz from Caldera—to unpack this issue. Their insights highlight the industry’s struggle with scalability, the rise of L2 solutions, and the fierce competition among both new and established L1 platforms. The Layer 1 …

RootstockCollective has been unveiled as the first DAO on Bitcoin layer-2 Rootstock. The DAO will allow holders of Rootstock token RIF to earn voting rights through staking their tokens. NFTs arrived on Bitcoin last year. Then fungible tokens came to the oldest and largest blockchain – along with dozens of …

Ethereum co-founder Vitalik Buterin announced a change in how he will discuss Layer 2 (L2) projects starting next year. In a Sept. 12 X post, Buterin said he would only publicly recognize L2s that have reached Stage 1 or higher in their decentralization efforts regardless of his investment. He stated: …