layer 2


Tech

Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech

Uniswap Labs, developer of the top-ranked decentralized crypto exchange, Uniswap, says adding its own network will bring faster, cheaper transactions with more liquidity.

Uniswap Labs CEO Hayden Adams (Uniswap Labs)

Tech

Ethereum's Changing Landscape

For investors, ETH’s future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmell, digital asset analyst, CoinShares.

(Kristaps Ungurs/Unsplash+)

Tech

Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election

The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.

StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver on Thursday. (Danny Nelson)

Tech

Ethereum's Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further

In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it's ready to fully decentralize.

Ethereum co-founder Vitalik Buterin speaks at the EthCC conference on Wednesday in Brussels (Margaux Nijkerk)

Tech

Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO

RootstockCollective, a new decentralized autonomous organization, or DAO, is designed to encourage builders and users of Rootstock – one of the oldest and most closely watched projects among the fast-growing ranks of layer-2 blockchains built atop Bitcoin.

Tree roots (StockSnap/Pixabay)

Finance

Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement

Scroll will be used to settle transactions on Ether.fi's Cash card.

Ether.Fi CEO Mike Silagadze (CoinDesk, modified using PhotoMosh)

Tech

Snapshot, Popular DAO Voting Platform, Finally Moves On-Chain, Atop Starknet

Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.

StarkWare CEO Eli Ben-Sasson (Margaux Nijkerk)

Tech

Polygon Begins Token Swap, in Move to Allow More Issuance

The migration from Polygon's MATIC token to POL will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Tech

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

The migration to POL from MATIC will also bring in some tokenomics changes with a new emission rate of 2% annually.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Finance

Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team

The developer of Ethereum layer-2 protocol ZKsync said builders using the protocol now need a "different type of technology and support."

Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)