Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality

April 24, 2024 Bitcoin.com

Bitcoin

Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade, Targets Enhanced Bitcoin Scalability Stacks, an L2 protocol addressing Bitcoin’s scalability challenges and expanding its blockchain functionalities, […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Crypto Exchange OKX Launches Proprietary New Ethereum Layer-2 Solution Called ‘X-Layer’

April 17, 2024 The Daily Hodl

Daily Hodl

The crypto exchange OKX has launched the public mainnet of its new Ethereum (ETH) layer-2 (L2) network. The L2, called “X Layer,” onboarded more than 200 decentralized apps (DApps) during its testnet stage, according to a new announcement from the exchange. OKX says the network’s DApps include roughly 40 decentralized finance (DeFi) projects, 12 infrastructure […]

The post Crypto Exchange OKX Launches Proprietary New Ethereum Layer-2 Solution Called ‘X-Layer’ appeared first on The Daily Hodl.

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2

March 28, 2024 Bitcoin.com

Bitcoin

The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the network and […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Stacks Accelerates Toward Mainnet With Strategic Nakamoto Testnet Rollout

March 26, 2024 Bitcoin.com

bitcoin.com

The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks ecosystem, the Nakamoto Testnet has been introduced, providing a formal and public […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions

March 23, 2024 Bitcoin.com

Bitcoin L2s

In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024, the lead developer at Blockchair unveiled L2 Watch, an […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Bifrost and Stacks Foundation Team up to Enhance Bitcoin Utility

March 15, 2024 Bitcoin.com

bitcoin.com

In a recent development, the Bifrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets and protocols based on Bitcoin. Bifrost and Stacks Foundation Partner to Expand Bitcoin Ecosystem On Thursday, […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed

March 13, 2024 Bitcoin.com

bitcoin.com

Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024, and amassing billions in crypto assets through its Ethereum bridge, the project has gained […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

March 9, 2024 Bitcoin.com

bitcoin.com

Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Starknet to hand 10% of network fees to devs, with $3.5M in first distribution

December 12, 2023 Coin Telegraph

Starknet to hand 10% of network fees to devs, with .5M in first distribution

Coin Telegraph

The Devonomics initiative from the Starknet Foundation aims to return a portion of network fees to incentivize developers.

Layer-2 network StarkWare and the Starknet Foundation are set to distribute a 10% cut of network fees to developers, a part of a pilot program called “Devonomics.”

In an announcement shared with Cointelegraph on Dec. 12, StarkWare CEO Uri Kolodny said it was allocating a portion of the network fees, provisionally 8%, to decentralized app builders and 2% to infrastructure engineers and core developers through a transparent and open voting process.

“It’s all about giving the hands-on builders a strong voice in shaping the network,” explained Kolodny.

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Polygon (MATIC) Founder Predicts Future of Ethereum Ecosystem, Names Catalyst for Next 1,000,000,000 New Users

July 27, 2023 The Daily Hodl

Altcoins

Polygon (MATIC) co-founder Sandeep Nailwal thinks his project could represent “the endgame” in terms of infrastructure for the Ethereum (ETH) ecosystem. in a new interview on the Bankless podcast, Naiwal says that his project’s transition to Polygon 2.0 doesn’t require any research at this point, just engineering optimization. “I think the Polygon 2.0 vision actually […]

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