Layer 2

What are zk-rollups and how will they improve our experience of the Ethereum network?

Polygon said that it would launch its zkEVM beta on Ethereum mainnet on March 27.

The mysterious tweets from zkSync-related people are perhaps linked to the launch of the next phase of Matter Labs’ zkEVM.

Both Layer-2 scaling projects have seen massive inflows over the last months from users looking to get an airdrop.

Polygon’s market cap is now around $11.52 billion. MATIC has become the ninth-largest cryptocurrency in the market.

Optimism airdropped 11.7 million OP tokens to active users while the token itself dumped almost 9% on the news.

OP is up about 230% in the last month as Layer-2 projects seem to come back into the spotlight.

Hamilton Lane will offer at least $5 million in assets via the Securitize tokenization platform on Polygon.

OP has increased by over 150% since the start of the year, while the enormous activity on Optimism has crashed.

Polygon might seem like a complicated network, but it's easy to understand. Let's look at what Polygon is.

Both Layer-2 scaling solutions processed a combined 1.12 million transactions, while Ethereum mainnet settled 1.02 transactions.

As per SAVAGE, the app has rights-managed contracts embedded into its metadata and can reach over 25 million households.

Trader Joe expands its services by launching its DEX on the Ethereum-based L2 scaling solution Arbitrum.

The second zkEVM testnet will have the majority of the mainnet zkEVM features, including a novel way of using recursion.

Optimistic rollups, zk-rollups, sidechains, and zkEVMs—Layer-2s are here. But can they propel Ethereum to the top in 2023?

Developers can now interact with Cairo 1.0 and compile and execute basic programs.

The token, which is not yet for sale, will be used for voting, staking, and paying transaction fees.

Company said it’s going to use the funds to fund new projects on zkSync, develop Matter University, increase its headcount.

The Prysmatic Labs team – responsible for architecting the Merge – will continue developing Prysm and initiatives like EIP-4844 data-sharding.

Vitalik Buterin has noted that Layer-2 Ethereum transaction fees will only be "truly acceptable" if reduced to less than 5