Layer 2s


Finance

Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others

The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.

Funding (Gerd Altmann/Pixabay)

Tech

Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says

The new project would build off the much-discussed "BitVM" design released last year by developer Robin Linus, which has kindled hopes that the oldest and largest blockchain could eventually see Ethereum-style programmable layer-2 networks.

Rootstock founder Sergio Demian Lerner spoke Wednesday about BitVMX at the Bitcoin++ conference in Austin, Texas (Bradley Keoun)

Tech

Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul

The upgrade seeks to solve congestion issues, and will officially launch in May.

Muneeb Ali, co-creator of Stacks and CEO of Trust Machines (CoinDesk TV)

Opinion

How the Bitcoin Halving Will Drive Action to Layer 2s

Increasing on-chain use of the network are driving up fees.

(Markus Spiske/Unsplash, modified by CoinDesk)

Tech

OG Bitcoin L2 Stacks Is Getting a Major Overhaul

The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.

(CoinDesk TV)

Opinion

The Munchables Hack Is Way Worse Than It Seems

Apparently orchestrated from North Korea, the $63 million hack adds grist to the argument that crypto exploits pose a plausible national security risk.

Edvard Munch's "The Scream" (Art Institute of Chicago)

Tech

Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature

The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.

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

Tech

Debating Dencun: Will Ethereum's Big Update Help or Harm the Network?

While Ethereum's rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire.

Ethereum Foundation's Tim Beiko joined The Protocol podcast to discuss the implications of the Dencun upgrade. (CoinDesk, modified using PhotoMosh)

Markets

Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live

Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks.

Polygon's MATIC price on March 13 (CoinDesk)

Opinion

Where Did We Go Wrong With Ethereum Scaling?

It would not be a surprise if the fragmentation of layer 2 rollups led to the downfall of the network's application dominance, =nil; Foundation Chief Product Officer Avi Zurlo argues.

(Markus Spiske/Unsplash, modified by CoinDesk)

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