Blockchain technology is often described as a stack of layers, each serving a unique purpose. Layer 0, usually referred to as the blockchain of blockchains, serves as the base hardware infrastructure ...
As the smart contract wars heat up, Layer 1 vs. Layer 2 blockchains are differentiating. From Proof-of-Work to Proof-of-Stake blockchains, each has its own way to scale to accommodate transaction ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. While blockchain technology promises transparency and ...
Ethereum co-founder Vitalik Buterin is urging Layer 2 networks to rethink their strategy. He points to a major decline in L2 ...
BNB Chain developers today said the opBNB network, a layer 2 based on OP Stack, is going live after months of testing in which no major bugs were encountered, CoinDesk learned. A layer 2 refers to any ...
Ethereum co-founder Vitalik Buterin sparked debate this week when he said layer-2 networks should move away from their ...
Yet, Ethereum Layer 1’s slow speeds and high transaction costs have driven users to look for alternatives. Layer Brett leverages Ethereum’s security but escapes its bottlenecks by operating as a Layer ...
Ethereum (ETH) fell from $4,953 in August to around $3,446 by November as Layer 2 networks reduced mainnet fee revenue and token burns. Ethereum’s daily gas fee revenue dropped from over $30M to ...
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees. Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 ...