L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security

October 7, 2024 Bitcoin.com

Arbitrum

Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns […]

Despite Bitcoin’s 10% Drop, Over M in Old Coins Find New Homes

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

September 18, 2024 Bitcoin.com

Bitcoin

This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within two prominent networks: Core and Bitlayer. Core and […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features

August 29, 2024 Bitcoin.com

bitcoin.com

The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Coinbase CEO Brian Armstrong Predicts Payments Will Be Crypto’s Next Big Boom

August 28, 2024 Bitcoin.com

BASE

Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Zksync Introduces Community Governance With ZK Nation

June 10, 2024 Bitcoin.com

bitcoin.com

Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active community participation. ZK Nation: New Governance Framework Introduced by ZKsync According to the announcement, the ZK Nation governance […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future

May 19, 2024 Bitcoin.com

bitcoin.com

Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware requirements, and staking dynamics. Ethereum Co-Founder Proposes Enhancements to Boost Ethereum’s Decentralization Vitalik Buterin, Ethereum co-founder, recently shared his vision for the future of Ethereum’s […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitcoin reaches one billion transactions

May 5, 2024 Coin Telegraph

Bitcoin Lightning

An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.

The Bitcoin network has processed its one billionth transaction — marking a huge milestone moment for the network 15 years after its creation.

Clark Moody’s Bitcoin dashboard shows that transaction 1,000,000,000 had been reached, which was mined into block 842,241 at 9:34 pm UTC on May 5, other data shows.

It comes 15 years, four months and four days after Bitcoin (BTC) pseudonymous creator, Satoshi Nakamoto, mined the network’s first block on Jan. 3, 2009.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking

May 2, 2024 Bitcoin.com

Bitcoin DeFi

The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States. BOB Mainnet Activates, Project Expects a ‘Bitcoin-Driven Defi Summer’ On May 1, […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

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, […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

March 29, 2024 Bitcoin.com

bitcoin.com

In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient internal scaling and parallelization within Ethereum’s ecosystem, according to Buterin. Scaling Ethereum: Buterin […]

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