Layer-2

Latest Layer-2 news, price updates, and AI-powered insights from bpaynews.com. Stay informed on global crypto trends.

Crypto Market Update: Layer 2 Sector Declines 4.4%, Ethereum Dips

Crypto Market Update: Layer 2 Sector Declines 4.4%, Ethereum Dips

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The cryptocurrency market is experiencing a decline, with Layer 2 solutions dropping by 4.4% and Ethereum falling to $4,000. Bitcoin is also trading below $114,000. The downturn in the crypto market highlights the struggles faced by various sectors, particularly Layer 2 solutions, which have seen a significant decrease in value. This decline reflects broader trends […]

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Solana Co-founder Critiques Layer 2 Solutions’ Security Mechanism

Solana Co-founder Critiques Layer 2 Solutions’ Security Mechanism

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Solana’s co-founder has expressed concerns that all Layer 2 solutions currently depend on the “upgradable multisig” mechanism, which undermines their security guarantees. This reliance on upgradable multisig systems raises questions about the effectiveness of security measures in place for these solutions. The co-founder argues that such mechanisms render security assurances virtually meaningless, as they can

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Polygon Faces Technical Pressure as Layer-2 Competition Grows

Polygon Faces Technical Pressure as Layer-2 Competition Grows

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layer-2 competition MATIC price remains steady at $0.38 as Polygon navigates increased competition in the layer-2 space and deals with the recent shutdown of its zkEVM solution. As the layer-2 landscape becomes more competitive, Polygon is facing significant challenges. The shutdown of its zkEVM solution has put additional pressure on the platform. This situation has

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Arkade Public Beta Launches as Bitcoin-native Layer 2 by ARK Labs

Arkade Public Beta Launches as Bitcoin-native Layer 2 by ARK Labs

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ARK Labs has launched the public beta of Arkade, a Bitcoin-native Layer 2 solution designed to enhance the Bitcoin ecosystem. This new platform aims to provide users with streamlined access to decentralized applications and services built on Bitcoin. Arkade is positioned to facilitate faster transactions and lower fees while maintaining the security and integrity of

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Ethereum Fusaka Update Prompts Shift to Cell Proofs for Layer 2

Ethereum Fusaka Update Prompts Shift to Cell Proofs for Layer 2

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Ethereum Fusaka update Ethereum’s Fusaka update is encouraging Layer 2 solutions to move from blob proofs to cell proofs due to changes introduced by EIP-7549, which aim to facilitate more efficient deployments. This transition is significant as it addresses scalability and operational efficiency within the Ethereum network. By adopting cell proofs, Layer 2 solutions can

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Gate Unveils $FUN Token Launcher on Innovative Layer-2 Network

Gate Unveils $FUN Token Launcher on Innovative Layer-2 Network

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In a significant move for the cryptocurrency landscape, Gate has announced the launch of its new token, Gate $FUN, on a cutting-edge Layer-2 network. This development marks a pivotal step in enhancing the scalability and efficiency of blockchain transactions, addressing some of the pressing challenges faced by the industry today. Layer-2 solutions are designed to

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