layer 2


Tech

Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZK Rollups

ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2.

Ethereum Name Service founder Nick Johnson (ENS)

Tech

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Fantom Foundation CEO Michael Kong (Fantom)

Tech

Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs

The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack.

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

Finance

Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster

Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual misconduct allegations recently surfaced.

Lunar eclipse (Justin Sullivan/Getty Images)

Tech

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

Celo Foundation President Rene Reinsberg (Celo)

Finance

Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back

Neel Somani, founder of Ethereum scaling chain Eclipse, said multiple sexual misconduct allegations circulating against him on X were "false."

Eclipse founder Neel Somani has stepped back as a "public face" for the company amid sexual misconduct allegations. (Andrew Gonzalez Photography

Markets

Why Base Chain Has Potential to Lock the Next Generation of Crypto Users

The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.

Santa Monica Pier

Tech

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.

Celo Foundation President Rene Reinsberg (Celo)

Markets

Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

Top Bitcoin Layer 2 coins have risen 5% to 20% since halving, leaving BTC behind, according to data source CoinGecko.

STX's price. (CoinDesk)

Tech

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots

Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)