Layer 2 Blockchains Become Cheaper After Ethereum's Dencun Upgrade

The upgrade allows layer 2 solutions to store data in "blobs" instead of the expensive call data.

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Optimism gears up for Ethereum Dencun upgrade with these steps

Optimism implements a hardfork in preparation for Dencun. EIP-4844 will bring reduced transaction fees on the network. The Ethereum [ETH] Dencun upgrade is approaching, and Layer 2 solutionsThe post Optimism gears up for Ethereum Dencun upgrade with these steps appeared first on AMBCrypto.

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Top Analyst Explains What to Expect from Arbitrum (ARB) in 2024, Sets Bullish Price Targets

In a recent video uploaded to YouTube on January 3rd, 2024, a cryptocurrency analyst who goes by Altcoin Rover shared his bullish price predictions for Arbitrum (ARB) over the next year. With the Ethereum network upgrade EIP 4844 expected to significantly improve scalability and lower costs for layer two solutions like Arbitrum, the analyst sees […] The post Top Analyst Explains What to Expect from Arbitrum (ARB) in 2024, Sets Bullish Price Targets appeared first on CaptainAltcoin.

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Shiba Inu: Shibarium Advances With Crucial Testnet Upgrade

Shiba Inu’s layer 2 (L2) blockchain project, Shibarium, is set for a pivotal upgrade, transitioning its testnet, Puppynet, from the Ethereum Goerli Network to the Sepolia Network. This transition, effective from December 15, 2023, marks a significant development for the blockchain and also comes with a long-awaited upgrade to the SHIB burn mechanism. Shibarium Testnet […]

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Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs

The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said.

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Ethereum’s Dencun upgrade gets a new touch — Here’s how

The upgrade would allow the verification of data from the consensus layer. Developers also plan to discuss additions to the Ethereum L1 on the next call. On 28 September, Ethereum’s [ETH] The post Ethereum’s Dencun upgrade gets a new touch — Here’s how appeared first on AMBCrypto.

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Polkadot To Increase Parachains By 10X, Will This Support Free-Falling DOT?

Polkadot, a platform aiming to drive blockchain interoperability, wants to increase the number of parachains from 100 to 1,000 in a planned upgrade. The network, which remains one of the most valuable by market cap, has, like most layer 1 networks, suffered from dropping user activity over the past months.

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Ethereum: Dencun Upgrade Likely Delayed To Early Next Year

The anticipated Ethereum upgrade, dubbed Dencun, amalgamating the consensus layer (Deneb) and the execution layer (Cancun), is poised for a likely delay to early next year. The discussions during the Ethereum All Core Developers Consensus Call (ACDC) #118, chaired by Danny Ryan from the Ethereum Foundation, signposted this potential delay amid discussions surrounding the pivotal […]

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Shiba Inu Price Poised To Reach $0.01 With Shibarium Upgrade, These CEOs Say

Shiba Inu (SHIB) is experiencing a remarkable surge in its upward movement, fueled by growing anticipation among meme coin enthusiasts for the upcoming introduction of Shibarium, an innovative upgrade to its layer 2 blockchain.

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Celo proposes upgrade to transition network to an Ethereum L2

Celo, a mobile-first and EVM-compatible blockchain network, has announced a proposal for an upgraded that could see the Layer 1 platform transition into an Ethereum Layer 2 protocol. The proposal by cLabs, the core developer of Celo blockchain, will go through a governance vote and adoption will pave the way for migration from an independent […] The post Celo proposes upgrade to transition network to an Ethereum L2 appeared first on Invezz.

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Don’t Sleep On MATIC – Exploring Polygon 2.0, an Internet’s Value Layer

Introduction Polygon, with its ambitious vision to become the internet’s Value Layer, is poised to revolutionize the blockchain ecosystem. As part of this transformative journey, Polygon is planning a major upgrade to its Polygon PoS (Proof-of-Stake) protocol, transitioning it to a zkEVM validium.

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Optimism Bedrock Upgrade Sends Network Transactions Soaring By 67%

Optimism (OP) is a layer 2 scaling solution that operates on top of the Ethereum mainnet, providing faster and cheaper transactions for Ethereum users. It was launched in 2020 and has quickly become one of the most popular scaling solutions for the Ethereum network.

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Polygon Labs Unveils Major Upgrade To Sidechain With ‘zkEVM Validium’ Layer 2

Polygon Labs, the engineering team behind the popular Polygon PoS (Proof of Stake) chain, has proposed a major upgrade to the network.   The upgrade would introduce a “first-of-its-kind” decentralized L2 (Layer 2) secured by zero-knowledge (ZK) proofs, making the Polygon ecosystem more secure, performant, and a core part of the upcoming Polygon 2.

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Polygon Labs planning Polygon 2.0 launch

Polygon Labs has announced the impending launch of Polygon 2.0, a network upgrade it describes as a blueprint for building the “value layer of the internet.”

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Polygon Labs announces Polygon 2.0

Polygon Labs, the developer of leading Ethereum Layer 2 scaling solution Polygon, has announced the rollout of Polygon 2. 0, a significant upgrade designed to establish the network as the “value layer of the internet.

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Optimism’s major ‘Bedrock’ upgrade set for June 6

The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in the layer 2 space has been heating up.

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Hydra Upgrade: Cardano’s Layer 2 Scalability Solution Launches on Mainnet, Here’s What to Expect

Coinspeaker Hydra Upgrade: Cardano’s Layer 2 Scalability Solution Launches on Mainnet, Here’s What to Expect The Cardano community is expecting at least, three key releases from the platform this year.

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Optimism [OP] briefs on new upgrade as Arbitrum [ARB] leads in L2 race

Optimism Labs announced that the Optimism Bedrock upgrade entered consensus + feature freeze. Optimism's market share declined to 20.25% in the combined Layer 2 TVL, with Arbitrum now holding 6The post Optimism [OP] briefs on new upgrade as Arbitrum [ARB] leads in L2 race appeared first on AMBCrypto.

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LIVE BLOG: Ethereum's Shanghai Upgrade

CoinDesk reporters and editors chronicle the first-ever activation of withdrawals from the Ethereum staking mechanism, set for Wednesday at 6:27 p.m. ET (Developers refer to the upgrade as "Shapella" since it includes the "Capella" changes to the blockchain's consensus layer as well as "Shanghai" on the execution layer.

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Ethereum Shanghai upgrade for geeks: unpacking the tech side

The highly anticipated ethereum Shanghai upgrade is scheduled for activation today, April 12th, following a swift consensus reached during the 157th AllCoreDevs Execution Layer meeting. What are the execution changes brought by Shanghai? This move comes after a smooth Goerli…

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Ethereum's Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says

Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.

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OP Plummets 7% As Optimism Postpones Hardfork

Weeks after its recent bedrock upgrade, aimed at enhancing network performance via Optimism Collective, Optimism (OP) is still thriving to stay relevant among the competitive Layer 2 network markets.

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Shanghai Upgrade Pushed to Early April Following Latest Ethereum Core Developers Meeting

The Ethereum community may have to wait longer for the Shanghai upgrade after the core developers’ bi-weekly meeting, Execution Layer Meeting 156, ended with a decision to have the hard fork run on the Goerli test network by March 14 and the final deployment somewhere in April.

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Lido DAO (LDO) Holds 10% Gains On Weekly Chart While Majority Of Coins Shrink

Some Ethereum Ecosystem coins are up as the community awaits the Shanghai upgrade. According to the Ethereum developer team, the Shanghai upgrade would allow validators to withdraw their staked Ether from the Beacon Chain to the executive layer.

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Ethereum Shanghai Moves Forward, But Core Dev Sees “Road Yet Long”

On the verge of the launch of the Shanghai Capella testnet by Ethereum developers this week, the Consensus Layer (CL) client teams discussed the progress of testing the upgrade on an All Core Developers Consensus Call (ACDC).

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Bitcoin NFT War Looms as BTC Layer 2 Stacks (STX) Upgrade Set to Challenge Ordinals

30-Day Trading Volume for Stacks-based NFTs

The post Bitcoin NFT War Looms as BTC Layer 2 Stacks (STX) Upgrade Set to Challenge Ordinals appeared first on BeInCrypto.

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OP Token Surges 25% as Optimism Foundation Proposes 'Bedrock' Upgrade

Layer 2 scaling solution Optimism's governance token, OP, has chalked up a 200% rally in four weeks, outperforming market leaders bitcoin and ether by a big margin.

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Shibarium Launch Will Trigger Massive Buys of BONE: PawZone Founder

Founder of PawZone expects BONE purchasing to skyrocket before Layer 2 SHIB upgrade launches

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Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears

Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4. 5% in the weekly timescale. This is because of the upcoming “Shanghai” upgrade which is expected to improve the overall usability of Ether’s Layer 1 chain.

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Tezos: This might serve as a catalyst for XTZ's upward trend

Tezos, a layer 1 blockchain, activated an upgrade dubbed Kathmandu on Friday (23 September), according to a tweet from the team. The Kathmandu upgrade reportedly went live on Friday at block 2,736,129The post Tezos: This might serve as a catalyst for XTZ's upward trend appeared first on AMBCrypto.

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Cardano’s Vasil Hardfork Launches Tomorrow. Here’s What You Need to Know

The upgrade will make Cardano more scalable and introduce several other improvements. Cardano Awaits Vasil Cardanos Vasil hardfork is finally at hand. The Layer 1 blockchains highly anticipated upgrade is...

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Binance Suspends ETH Transactions on Certain Networks Before Phase One of Merge

Crypto exchange Binance suspends deposits and withdrawals for Ether and Wrapped Ether on some popular layer 2 Ethereum networks before the Bellatrix upgrade. The post Binance Suspends ETH Transactions on Certain Networks Before Phase One of Merge appeared first on BeInCrypto.

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Ethereum Layer 2 Arbitrum Completes Nitro Upgrade

The Arbitrum Nitro upgrade brings faster transactions, lower fees, and a better user experience for developers building applications. Arbitrum Upgrades to Nitro Arbitrum Nitro is live. The Ethereum Layer 2...

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Arbitrum, its growing network activity, and everything latest to know

Ethereum layer 2 solution, Arbitrum is looking to rediscover its lost mojo in the crypto market. The roll-up solution is about to undergo a major Nitro upgrade which is scheduled for next week. But ArThe post Arbitrum, its growing network activity, and everything latest to know appeared first on AMBCrypto.

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Can MATIC really leverage the hype around Ethereum for more upside?

It has been quite an interesting week for Ethereum's community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now.

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Chainlink says protocol will not support Ethereum PoW forks

Chainlink Labs says its protocol will not support any forked versions of Ethereum (ETH) ahead of the highly anticipated ‘Merge’ event that will see the Ethereum network upgrade from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) consensus layer.

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Over 13M Ether Now Locked On Eth 2.0 Staking Protocol as The Merge Nears

The number of Ether staked on Ethereum’s Eth 2. 0 staking contract has surpassed 13 million even as the layer one blockchain prepares to upgrade to a proof of stake consensus network. Staking is the act of depositing 32 ETH to activate validator software.

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Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer

The upgrade brings decentralized RPC, new utility and staking for the ANKR token, and the ability for independent node providers to run full nodes and earn rewards.

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Ankr unveils Network 2.0 to truly decentralize Web3’s foundational layer

The upgrade brings decentralized RPC, new utility and staking for the ANKR token, and the ability for independent node providers to run full nodes and earn rewards  Ankr, one of the world’s leadThe post Ankr unveils Network 2.

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Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer

San Francisco, United States, 15th July, 2022, Chainwire Ankr, one of the world’s leading… The post Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer appeared first on CoinJournal.

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As Ether’s Ropsten Proof-of-Stake ‘Test Merge’ Goes Live, Uncertainty Looms Over Ethereum L2s

As the major upgrade of the Ethereum blockchain, Ethereum 2.0, is set to launch later this year, uncertainty looms over layer 2 solutions built on the Ethereum blockchain. Ethereum 2.0 is set to be a new version of the blockchain that will enthrone the proof-of-stake (PoS) mechanism of verifying transactions via staking. Ethereum 2.0 (Consensus […]

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Why The Denial-Of-Service Argument Against BOLT 12 Doesn’t Hold Up

A successor proposal to BOLT 11, BOLT 12 is a proposed upgrade to Lightning, the most popular Layer 2 Bitcoin protocol.

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Oraichain launches mainnet 2.0 to boost AI adoption and blockchain interoperability

AI-powered blockchain platform Oraichain has launched version 2. 0 of its mainnet in an upgrade that introduces Layer 2 Rollups and opens up the blockchain space for further adoption of Artificial intelligence and interoperability.

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Ethereum's 'consensus layer' contract hits 10M ETH staked

The migration to the proof-of-stake consensus appears to be progressing well by all numerical accounts, potentially signifying an anticipatory demand for the network's long-awaited upgrade.

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Cardano (ADA) adopting Orbis ZK rollups to boost scalability

The Cardano blockchain seeks to expand and achieve scalability through the Hydra upgrade. However, according to Orbis, the team behind the first zero-knowledge rollup layer two solutions, Hydra will not solve all the scalability problems on Cardano (ADA/USD).

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Next Big Ethereum Upgrade Could Reduce Layer 2 Gas Fees

A recent Ethereum Improvement Proposal (EIP) put forth by network co-founder Vitalik Buterin aims to address transaction costs, one of the network’s greatest drawbacks. The post Next Big Ethereum Upgrade Could Reduce Layer 2 Gas Fees appeared first on BeInCrypto.

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Crypto Market Forecast: Week of November 8th 2021

A curated weekly summary of forward-focused crypto news that matters. This week, layer 1 and metaverse tokens outperform BTC, the Bitcoin network prepares for its first major upgrade since August 2017 and Solana is now the 4th largest asset in crypto.

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Major Blockchain Scalability Coming To Cardano Thanks To The Incoming Hydra Upgrade

Key takeaways Cardano, having launched Alonzo, now aims to deploy Hydra. Hydra is a layer 2 scaling solution that will make the real-world application of Cardano possible. Development of Hydra to be discussed during Cardano Summit 2021.

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ZKSwap to list algorithm pegged synthetic asset Zerogoki

ZKSwap is a decentralized exchange (DEX) that offers a layer 2 scaling solution to its users. The platform had recently announced the launch of its V2 on the 28th of July. With an upgrade the platfThe post ZKSwap to list algorithm pegged synthetic asset Zerogoki appeared first on AMBCrypto.

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