layer 2
Blockchain Analytics Show Movement Toward Layer 2s: Arkham
During CoinDesk's "Projects to Watch 2023" week, Arkham founder and CEO Miguel Morel discusses the importance of on-chain analytics for the transparency of the crypto space. Morel also weighs in on why a lot of on-chain activities are beginning to move toward layer 2s.
Ether Hovers Around $1.9K Ahead of ‘Shapella’ Upgrade
The interest in ether trading comes ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Shapella will allow investors to withdraw their ether staked on the Ethereum blockchain. Runa Digital Assets Chief Operating Officer Max Williams discusses what to expect from Shapella, sharing insights into ether's supply since the Merge, ETH staking yield outlook, and Layer 2s like Arbitrum and Optimism.
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
TBD, a division of Jack Dorsey's financial-technology company Block, has launched a new business entity named “c=” that focuses on improving liquidity and routing on the Lightning Network. CoinDesk Editor at Large Christie Harkin breaks down its significance to Bitcoin’s layer 2 scaling system.
Bitcoin Layer 2-Token Stacks Sees Interest Amid ‘Ordinals' Hype
The price of Stacks' native STX token has jumped in the last two weeks as prominent crypto investment funds turn to tokens of the so-called layer 2 companion chain for smart contracts focused on Bitcoin. Trust Machines CEO and Stacks co-founder Muneeb Ali shares his insights and gives his take on the Bitcoin Ordinals movement.
Bitcoin Slips Below $24K Amid New Inflation Data; Coinbase’s New Layer 2 Blockchain Has Rocky Rollout
Bitcoin (BTC) failed to recapture the $24,000 support level following the release of the personal consumption expenditure (PCE) index, also referred to as the Fed's favorite inflation gauge. Plus, crypto exchange Coinbase’s new layer 2 blockchain Base had a rough start on Thursday, drawing a stream of complaints from users on social media.
Polygon Co-Founder on Ethereum Merge: It’s the ‘First Major Step’
The long-awaited Ethereum Merge has been completed early Thursday morning, shifting the network from proof-of-work to proof-of-stake. Polygon co-founder Sandeep Nailwal joins “First Mover” to discuss what the upgrade means for layer 2 protocols like Polygon. Plus, a conversation around scaling solutions and energy consumption.
How THNDR Games Is Bring Play-to-Earn to Bitcoin
THNDR Games CEO & Co-founder Desiree Dickerson discusses building play-to-earn games like SATSSS and Thunder Bay on the Bitcoin blockchain using the layer 2 Lightning Network. Dickerson explains the emphasis on mobile gaming for mass adoption and why the company has seen sizable popularity in Central and South American markets.
GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund
After hinting its plans for the metaverse in a Web 3 job posting in October, GameStop is partnering with layer 2 system Immutable X for the launch of its non-fungible token (NFT) marketplace. “The Hash” panel discusses the implications of the rollout amid continued NFT backlash in the gaming community.
Is 2022 the Year of Ethereum?
Global Innovation Leader at Ernst & Young Paul Brody discusses his CoinDesk article titled “2022 Is the Year of Ethereum,” offering insights into why Ethereum will become the dominant blockchain ecosystem. Brody explains how layer 2 solutions like Polygon resolve the issue of Ethereum’s gas fees and gives his perspective on competing projects like Solana and Cosmos.
Banxa Labs Exec.: Layer 2 and Ethereum 2.0 in 2022
Jan Hartmann, head of Strategy for global Payment Service Provider (PSP) Banxa Labs, shares his perspective on how layer 2 solutions can solve Ethereum’s scaling problems and his hopes for Ethereum 2.0. Plus, Hartmann reflects on how 2021’s NFT boom drew attention to the Ethereum network, making the chain a “key asset” for 2022 and where the stablecoin conversation will go in the new year.
