Layer 2

  • ImmutableX’s Major Upgrades Expected to Revolutionize Ethereum NFT Layer 2 Expansion Plan

    On March 15th, according to official websites and tweets, the Ethereum NFT Layer 2 expansion plan ImmutableX will announce four major updates in the next two months. The official believes that this update is the “largest Token utility upgrade in IMX history, which will permanently change the foundation of IMX.”. It is reported that two of the upgrades will be announced in the early hours of March 21 Beijing time Ethereum NFT Layer 2 Expansion Scheme ImmutableX will announce two major updates on March 21 Analysis based on this information:On March 15th, official websites and tweets announced that the Ethereum NFT Layer 2 Expansion Plan, ImmutableX, is set to unveil four major updates in the next two months. The official announcement calls the updates “the largest Token utility upgrade in IMX history, which will permanently change the foundation of IMX.” This is an exciting update for the Ethereum community, as it is expected to revolutionize the entire NFT world on…

    03/15/2023
    108
  • Decrease in Ethereum Layer 2 Lock-up

    It is reported that according to L2BEAT data, the current total lock-up of Ethereum Layer 2 fell to $6.17 billion, down 0.31% on the 7th. Among them, the top five locked positions were: Arbitrum One ($3.42 billion, up 1.61% on the 7th); Optimism (US $1.87 billion, up 0.16% on the 7th); DYdX (USD 302 million, down 16.21% on the 7th); Metis Andromeda (US $124 million, down 3.58% on the 7th); Immutable X (US $117 million, down 7.57% on the 7th). The total lock-up of Ethereum Layer2 fell to $6.17 billion, down 0.31% on the 7th Analysis based on this information:The message reports that Ethereum Layer 2 lock-up has seen a decrease according to L2BEAT data. The total lock-up value is now at $6.17 billion, a decrease of 0.31% on the 7th. The report highlights the top five locked positions, which are: Arbitrum One, Optimism, DYdX, Metis Andromeda, and Immutable X. Layer 2 scaling solutions are popular alternatives to the main…

    03/13/2023
    105
  • Shibarium Launches PUPPYNET Blockchain Solution for Early Public Beta

    On March 12, Shibarium’s early public beta (Early Public Beta) PUPPYNET, the Layer 2 blockchain solution, has been launched. Shiba Inu two-layer solution Shibarium’s early beta public beta has been launched Analysis based on this information:Shibarium, an emerging blockchain project, recently launched its early public beta blockchain solution called PUPPYNET on March 12. PUPPYNET is a layer 2 blockchain solution that aims to provide a more efficient and cost-effective alternative to traditional blockchain platforms, such as Ethereum. Layer 2 refers to a second layer of protocols or solutions built on top of the existing blockchain network. In the case of PUPPYNET, it is built on top of the Ethereum network, which serves as its underlying layer. PUPPYNET utilizes plasma technology, which enables faster transaction processing and scalability while reducing the cost of gas fees associated with traditional blockchain networks. Shibarium’s PUPPYNET beta launch is an important milestone for the project as they move towards a more developed, functional ecosystem. The…

    03/12/2023
    129
  • Lido Deploys wstETH on Polygon as Part of its Expansion Plan on L2 Networks.

    On March 10, Lido, the liquidity pledge agreement, announced that wstETH had been deployed on Polygon. This is the third step of the expansion plan of \”Lido on…

    03/10/2023
    140
  • Ethereum Layer 2 Lock-up Drops Below $6.2B

    On March 6, according to L2BEAT data, the total lock-up of Ethereum Layer 2 fell below $6.2 billion, temporarily to $6.19 billion, down 2.16% on the 7th. Among…

    03/06/2023
    146
  • Understanding the Limitations of Layer 2 Solutions in Ethereum

    On March 6, Martin K ö ppelmann, the co-founder of Gnosis, an Ethereum infrastructure company, shared the content of \”The Limits of L2\” in ETH Denver, the Ethe…

    03/06/2023
    116
  • zkLend’s Cooperation with Ducks Everywhere and briq to Release ZENDucks NFT

    It is reported that the Layer 2 money market agreement zkLend announced that it would release ZENDucks NFT in cooperation with Ducks Everywhere and briq on the…

    02/24/2023
    128