layer 2


Finance

Base Explores Issuing Native Token, Says Creator Jesse Pollak

At the BaseCamp event, Jesse Pollak revealed the layer-2 network is considering a native token, though plans remain in early stages.

Jesse Pollak (courtesy Winni Wintermeyer/Coinbase)

Opinion

Your Company Probably Doesn’t Need Its Own L2

According to EY’s Global Blockchain Leader Paul Brody, only companies that can aggregate significant transaction volume into the network, and whose customers can't make their own direct connection to Ethereum, would benefit from creating their own layer 2.

Photo by Markus Spiske/Unsplash/Modified by CoinDesk

Tech

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

The project is one of over 30 layer-2 networks working to scale Ethereum.

DeFi networks are global. (NASA/Unsplash)

Tech

Ethereum Foundation Targets Interoperability as Top UX Priority

The initiative marks a strategic pivot: after years spent scaling throughput and lowering costs, the protocol team is now zeroing in on interoperability as the key to user experience.

Ethereum Logo

Tech

Linea to Burn ETH With Every Transaction in Bold L2 Upgrade

Linea’s updated roadmap introduces ETH-native staking on bridged assets, a protocol-level ETH burn mechanism, and the allocation of 85% of its token supply to ecosystem development.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Tech

Coinbase Wallet Becomes ‘Base App’ in Major Rebrand

The company is introducing a suite of consumer and developer tools that expands the Base App's scope far beyond its origins as an Ethereum layer-2 blockchain.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Tech

Eclipse Launches $ES Airdrop, Distributing 15% of Token Supply

The team behind the network shared that the initial distribution will occur over the next 30 days.

eclipse

Tech

Status Unveils Gasless Layer 2 Feature on Linea, Ditches Sequencer Fees Entirely

The network, currently in testnet, will operate differently compared to conventional rollups that depend on sequencer fees, the team said.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Tech

Vitalik Buterin: Ethereum at Risk If Decentralization Is Just a Catchphrase

Speaking at EthCC in France, Ethereum’s founder said developers need to stay true to crypto’s principles amid a wave of corporate blockchain adoption.

Vitalik Buterin

Tech

Bitcoin DeFi Project BOB Launches BitVM Bridge Testnet

The testnet debuts with support from a host of major crypto firms who will be operating nodes on the BitVM bridge, such as Lombard, Amber Group and RockawayX

BOB team (BOB)