Starknet Unveils Phase 1 of Staking Initiative, Paving the Way for Decentralization on Ethereum Layer 2

November 27, 2024 Bitcoin.com

bitcoin.com

Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Starknet will increase TPS 4X and reduce fees 5X within 3 months: CEO

November 17, 2024 Coin Telegraph

blast

StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months.

StarkWare CEO Eli Ben Sasson says he expects transaction speed on the firm’s Ethereum layer 2 Starknet to increase four-fold while fees fall “5x” over the next three months.

The network improvements will mostly come from “better compilation and faster execution” on Cairo — Starknet’s native smart contract language, Ben Sasson told Cointelegraph at the DevCon 2024 in Bangkok last week.

It would see Starknet cross the 1000 transactions per second (TPS) milestone and compete with the likes of Solana, which typically processes a non-vote TPS between 800 to 1050, data from Solana Compass shows.

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Ethereum layer-2 Scroll tips native token launch

October 8, 2024 Coin Telegraph

Airdrop

The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.

Scroll is preparing to launch its native token, SCR, in what the Ethereum layer-2 (L2) network describes as its “first step toward decentralization.”

On Oct. 22, Scroll plans to list SCR on Binance and airdrop the token among the network’s existing users, according to an Oct. 8 blog post.

According to Scroll, “SCR will be used as a primary governance mechanism of the protocol and progress to being a protocol utility token as Scroll becomes more decentralized.”

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?

September 17, 2024 Coin Telegraph

Arbitrum

According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0.

Ethereum co-founder Vitalik Buterin stated on Sept. 12 that he will no longer consider a network a “layer 2” if it has not reached “Stage 1” by the end of the year.

“The era of rollups being glorified multisigs is coming to an end,” he stated, adding that “the era of cryptographic trust is upon us.”

The question of whether a network is a layer 2 isn’t just a technicality for the Ethereum community.

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Diego Oliva resigns as CEO of Starknet Foundation

August 6, 2024 The Crypto Briefing

Business

Leadership changes at Starknet Foundation may impact its strategic direction and community relations amid ongoing controversies and criticisms.

The post Diego Oliva resigns as CEO of Starknet Foundation appeared first on Crypto Briefing.

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Base TVL surges to $8B just days after overtaking OP Mainnet

June 10, 2024 Coin Telegraph

Base TVL surges to B just days after overtaking OP Mainnet

Arbitrum One

Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.

Total value locked on the Ethereum layer-2 network Base has surpassed $8 billion — only days after overtaking Optimism’s OP Mainnet.

L2Beat data shows its TVL as of June 10 is now at $8.05 billion, including $2.14 billion of canonically bridged value — assets locked on Ethereum to be represented on Base — and $5.92 billion in natively minted assets.

The Coinbase-supported chain surpassed OP Mainnet as the largest chain within the Superchain ecosystem last week and is now the second-largest Ethereum scaler in TVL, trailing Arbitrum One’s $18.27 billion.

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month

May 4, 2024 The Crypto Briefing

Aavo

May sees major token unlock event for crypto projects like Aavo, Pyth Network, Starknet with over $2 billion in tokens set to release.

The post Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month appeared first on Crypto Briefing.

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Arbitrum, Aptos, and Starknet set for over $600 million token unlock this month

April 2, 2024 The Crypto Briefing

April sees major token unlock event for crypto projects Aptos, Arbitrum, Starknet with over $600 million in tokens set to release.

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge

March 20, 2024 Bitcoin.com

Arbitrum

Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Crypto Exchange Binance Announces Support for New Ethereum Layer-2 Scaling Altcoin Starknet (STRK)

February 21, 2024 The Daily Hodl

Altcoins

Top global crypto exchange Binance has rolled out trading support for the new Ethereum (ETH) layer-2 scaling project Starknet (STRK). Starknet kicked off its first token allocation on Tuesday. The project plans to distribute more than 700 million Starknet tokens to nearly 1.3 million addresses. Eligible individuals and groups will have four months to claim […]

The post Crypto Exchange Binance Announces Support for New Ethereum Layer-2 Scaling Altcoin Starknet (STRK) appeared first on The Daily Hodl.

StarkNet