layer 2


Tech

Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator

The release will be the second core product in the Mantle ecosystem, and comes just 6 months after the Mantle Network went live.

Mantle Chief Alchemist Jordi Alexander (Mantle)

Tech

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)

Finance

NFT Platform Blur's Token Jumps 22% Amid Binance Listing and Blast Optimism

A Binance listing and optimism around Blur's sister protocol, Blast, has spurred the move.

BLUR/USD chart (TradingView)

Tech

Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact

Blast's invite mechanism could be either the best way to add new users or a pyramid scheme, depending on whom you ask.

fireworks

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Tech

New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live

Blast boasts prominent investors Paradigm and "eGirl Capital" members among others, but there’s no way to withdraw funds until February.

(CHUTTERSNAP/Unsplash)

Tech

The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In

In this week's edition of The Protocol newsletter, we look at a few growing trends, including blockchain development marked by the expansion of Ethereum's layer-2 networks, the increased use of zero-knowledge cryptography and the Bitcoin blockchain's new support for tokens, smart contracts and file hosting.

(Maksym Ostrozhynskyy/Unsplash)

Tech

Blockchain Developer Lattice Unveils 'Alternative Data Availability' Network for Optimism

The new "Redstone" network, currently operating as a test network, is rooted in an effort to make blockchains cheaper for gaming and decentralized applications – relying on off-chain "data availability" providers as part of the broader setup.

Lattice Founder and CEO Justin Glibert (Lattice)

Tech

Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology

The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects.

OKX Chief Innovation Officer Jason Lau (OKX)

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Tech

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.

Kraken CEO Jesse Powell (CoinDesk)

Tech

Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet

Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.

Steven Goldfeder, CEO and co-founder, Offchain Labs and Margaux Nijkerk, CoinDesk reporter (Shutterstock/CoinDesk)