Cryptocurrency Analysis and News Portal
A growing industry of rollup technologies seeks to address Ethereum’s key scalability issues of slow throughput and high transaction or gas fees. Rollups bundle a large number of transactions off the main blockchain and then return the bundle to Ethereum for recording. There are two types of rollups: Zero-Knowledge, which
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The marketplace said in a tweet that, starting Wednesday, creators will be able to set fees associated with selling NFTs on the network. OpenSea said it’s planning to support several collections already minting on Arbitrum, including Smolverse, GMX Blueberry Club and Diamond Pepes. Source
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On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One
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The ZK rollup race between Ethereum layer 2s Scroll, Polygon and Matter Labs may come down to definitions. Source
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Polygon Deploys ZK Rollup Testnet; Eyes Mainnet Launch Source
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Crypto Twitter has lit up with users excited to learn they will be eligible to claim Optimism’s OP tokens in an upcoming “season of airdrops.” Source
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The update will halve fees, increase transaction speed, and make it easier for Ethereum Virtual Machine-compatible apps to build on Arbitrum. Source
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A hacker has made off with $2 million in bug bounty after finding an alarming vulnerability with the Ethereum network. This bug could have been very bad if it had been found by black hat hackers who could have exploited the digital asset for billions of dollars worth of ETH.
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On Dec. 27, 2021, Metis Andromeda, a Layer 2 network based on a fork of Optimism, clocked a 7-day 142% TVL increase, surpassing $180 million. Footprint Analytics:Metis TVL One of the most fascinating parts of the story is that the head of the decentralized autonomous corporation (DAC) behind Metis is Vitalik Buterin’s
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On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on
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