Layer 2 Solutions | ForkLog

ForkLog 24 14.08.2024

Ethereum’s Layer 2 Transactions Hit Record 12.5 Million in a Day

On August 13, the number of transactions processed in a single day by Ethereum’s layer 2 solutions reached a record 12.52 million, according to data from Growthepie. Source: Growthepie. Since the beginning of the year, this figure has increased by more than 140%. A significant driver has been the Coinbase-supported blockchain Base, which approached 4 […]

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ForkLog 17 08.08.2024

Turbo Protocol Unveils Ethereum-Based Layer 2 Solution with 400,000 TPS

The Turbo Protocol team has launched a Layer 2 solution on Ethereum, capable of processing up to 400,000 transactions per second (TPS), reports The Block.

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ForkLog 13 06.08.2024

Ethereum’s On-Chain Activity Reverts to February Levels

The Ethereum mainnet is experiencing a lull. The number of daily transactions has decreased, and the count of daily active addresses (DAU) has fallen. According to Etherscan, 1.1 million transactions were conducted on the network on August 5. In comparison, the peak on January 14 was 1.96 million, and local highs in July reached 1.3 […]

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ForkLog 141 06.08.2024

What is Validium, and how does it help scale Ethereum?

An explainer on Validium’s features and the pros and cons of this Ethereum scaling solution.

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ForkLog 40 05.08.2024

Galaxy Research Questions the Viability of Bitcoin’s Layer 2 Solutions

Most Bitcoin Layer 2 networks may prove unsustainable in the long run, despite their popularity as a promising method for maintaining cheap, fast, and decentralized payments. This conclusion was reached by Galaxy Research. there are dozens of rollups being “built on bitcoin” but only a small few will launch & survive on bitcoin bitcoin doesn’t […]

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ForkLog 3 26.07.2024

Ethereum and L2 Address Growth Analyzed by Experts

In the first half of the year, the number of daily active addresses (DAU) for Ethereum and its primary L2 solutions increased by 127%. These figures are presented in a joint report by Coinbase and Glassnode. According to GrowthePie, Linea, Base, and Arbitrum are the three main rollups with a combined DAU of 1.8 million. […]

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ForkLog 12 25.07.2024

Base Network Achieves New On-Chain Highs

Base has set new records in both transaction count and active addresses on the network. This surge has bolstered the project’s position as a leading L2 solution, according to experts at The Block. Source: The Block. On July 23, the network recorded 3.97 million transactions. In just the last 10 days, this figure has risen […]

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ForkLog 15 23.07.2024

Avail Launches Mainnet and Native Token

The team behind the modular blockchain Avail has announced the launch of the Avail AD mainnet and its native token, AVAIL. Avail DA Mainnet & the AVAIL token are now live! Today marks the launch of Avail DA, the first modular data availability layer using validity proofs + data availability sampling. Now, build blockchains that […]

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ForkLog 31 18.07.2024

Polygon Team Sets Date for MATIC to POL Conversion

Polygon developers have set September 4 as the date for converting the utility token MATIC into the Polygon Ecosystem Token (POL) at a 1:1 ratio. SAVE THE DATE: MATIC → POL After community consensus, the long-awaited upgrade is set for September 4th • Initial phase: POL replaces MATIC as the native gas and staking token […]

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ForkLog 14 17.07.2024

Developers Unveil No-Code Blockchain Deployment Software

The team at BVM Studio has introduced a “no-code” solution for deploying L2 and L3 networks for Bitcoin and Ethereum in “less than two minutes,” akin to building with Lego blocks. Introducing BVM Studio BVM Studio makes it easy for you to launch your blockchain so you can focus on ideas, community & culture, and […]

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ForkLog 103 17.07.2024

Ignition Launches Omnichain Asset FBTC on Ethereum and Mantle

DeFi project Ignition has launched the omnichain asset FBTC on the Ethereum mainnet and the Mantle L2 solution. The developers announced this on X. The days of limited Bitcoin yield are over. Now users can exchange and bridge $FBTC across Ethereum and Mantle networks, bringing us closer to our vision of Bitcoin’s free growth. Welcome […]

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ForkLog 18 09.07.2024

The Open Platform to Launch L2 Protocol Using Polygon Technology

The team behind The Open Platform (TOP) is developing a Layer 2 solution based on Polygon CDK for The Open Network (TON) ecosystem.

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