Layer 2 Solutions | ForkLog

ForkLog 13 04.06.2024

BLOB Integration Significantly Reduces Blast Usage Costs

The Layer 2 network Blast has begun utilizing BLOB objects, reducing transaction fees by approximately tenfold, according to The Block. On May 27, the protocol’s developers added support for Dencun, which includes EIP-4844. Blast will be upgraded to support blobs on Monday May 27 at 2PM PT. Blast users will have lower gas fees and […]

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ForkLog 28 28.05.2024

ENS Developers to Expand Service to Layer 2 Networks

ENS Labs, the firm behind Ethereum Name Service, has announced plans to extend its service to Layer 2 protocols following a recent update. Introducing ENSv2: The Next Generation of ENS ??? ENS Labs is excited to announce our proposal to extend the ENS protocol to a Layer 2 network. This move isn’t just about migrating […]

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ForkLog 19 27.05.2024

Taiko Protocol Launches on Ethereum Mainnet

The Taiko project, a second-layer solution for scaling Ethereum, has launched its mainnet. Dear Taiko Community, We are beyond excited to announce that after two years of hard work, the Taiko protocol has been deployed on Ethereum mainnet! ? Let’s look at how you can start exploring Taiko today: 1/ pic.twitter.com/LXGdPbV1Yr — Taiko ? (@taikoxyz) […]

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ForkLog 22 23.05.2024

StarkWare Unveils Scaling Platform for ZK Applications

StarkWare, in collaboration with Cartridge, has developed the ZKThreads scaling framework for decentralized ZK applications within its L2 network, StarkNet. The solution will expand the product line based on the concept of Fractal Scaling, which StarkWare introduced in 2021. ZKThreads offers an alternative to existing ZK coprocessors by providing a unified protocol for verifying transaction […]

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ForkLog 20 21.05.2024

Vitalik Buterin Advocates for Unified Interoperability Solution for L2 Networks

The ecosystem requires an open decentralized protocol for swiftly transferring assets between L2 networks, integrated into wallet interfaces by default, according to Ethereum co-founder Vitalik Buterin. We need an open decentralized (operator-free, governance-free) protocol for quickly moving assets from one L2 to another, and for that to be integrated into wallets’ default sending interface. Get […]

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ForkLog 13 07.05.2024

Mode Network to Distribute 550 Million MODE Tokens to Community

On May 7, the Layer 2 solution Mode will launch its native coin, MODE, and initiate the airdrop claim. Mode Season 1 has ended. Mode Season 2 has started. — 500,000,000 MODE allocated— $MODE ecosystem multipliers— New leading DeFi applications launching — New assets and pools — New multipliers will be introduced Read about it […]

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ForkLog 31 22.04.2024

Celo Developers Opt for OP Stack in Ethereum Transition

cLabs, the primary developer of the Celo L1 blockchain, has selected Optimism’s OP Stack for its migration to Ethereum’s second layer. ✨A very special 4th anniversary of Celo mainnet’s launch! cLabs Proposes Migrating Celo to an Ethereum L2 leveraging the OP Stack. Join the discussion on the proposal in the @celo forum and community call […]

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ForkLog 33 18.04.2024

Worldcoin to Launch Its Own L2 Blockchain, World Chain

Sam Altman’s Worldcoin project has announced the launch of its second-layer blockchain, World Chain, based on Optimism’s OP Stack. Learn more ⬇️https://t.co/4cQBLrexBq — Worldcoin (@worldcoin) April 17, 2024 “The network will be deeply integrated with the Worldcoin protocol to accelerate the growth and use of the World ID proof of identity. It will also be […]

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ForkLog 18 16.04.2024

Arbitrum Team Launches BOLD Protocol on Testnet

Offchain Labs, the company behind the development of the Ethereum layer-two ecosystem Arbitrum, has deployed the BOLD dispute resolution protocol on the testnet. Fraud Proofs took us to a Stage 1 rollup. Today, with BOLD, we’re on our way to becoming a Stage 2 rollup!? BOLD, permissionless validation on Arbitrum, is now live on testnet! […]

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ForkLog 42 09.04.2024

One in Six Meme Tokens on Base is Fraudulent, 91% Have Vulnerabilities, Study Finds

Since the Dencun update, which reduced fees in L2 solutions, Coinbase’s Base protocol has seen a sharp increase in users, transactions, and TVL. Meme coins dominate much of this activity, with one in six coins being a scam, according to a report by Cointelegraph Magazine. Researchers compiled “profiles” of 1,000 tokens launched between March 19 […]

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ForkLog 11 08.04.2024

Base Network’s Locked Value Surpasses $4 Billion

Over the past week, the total value locked (TVL) in the Base Layer 2 network increased by 16.5%, reaching $4.14 billion. TVL dynamics of Base. Data: L2BEAT. According to L2BEAT, the TVL of the second-layer solution includes $1.47 billion in “canonical” assets and $2.67 billion in native funds. Base ranks third in the top L2 […]

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ForkLog 19 05.04.2024

StarkNet Team Confirms Blockchain Disruption

On April 5, the Ethereum Layer 2 network StarkNet ceased producing new blocks for approximately four hours. According to Starkscan, the pause occurred between blocks #630,028 and #630,029. Source: Starkscan. At the time of writing, the StarkNet status page did not mention the incident. The latest entries refer to March 13, when the blockchain slowed […]

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