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Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or token holders, according to an announcement from the network’s developers. In economics, a “public good” is
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Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge will allow developers to easily create “validiums” or low-cost layer-2s that do not store full transaction data on Ethereum, the announcement stated.Avail was originally created by
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Crypto exchange dYdX has launched a public testnet of its V4 iteration, according to a July 5 announcement from the exchange’s development team. This marks the completion of “milestone 4” out of five, paving the way for a future V4 mainnet launch.Once implemented on mainnet, V4 is expected to allow
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Users will now be able to place market orders on the dYdX testnet, generate private keys and place limit orders with advanced options. The public testnet has launched with bitcoin and ethereum markets, but the company said it anticipates it will eventually include around more than 30 markets as the
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Starknet’s Quantum Leap upgrade has been deployed on testnet, with the Ethereum layer-2 scaling protocol claiming it's capable of processing "hundreds of transactions per second."If achieved, it would be at least a 50X improvement from its current throughput, thanks to the Version 12 upgrade harmonizing how the sequencer's code interacts
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Quantum Leap went live on the testnet on Wednesday. If the Starknet community approves of the code change in a governance vote, the upgrade will be deployed to Starknet’s mainnet around July 13, according to a press release from StarkWare, the company behind Starknet. Original Source
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Ethereum zero-knowledge proof scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK Stack.It’s a modular framework for a series of ZK-powered custom blockchains called yperchains, which will operate as a new layer on top of the existing layer-2 protocol. The chains will
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Starknet, a zero knowledge layer-2 scaling solution for Ethereum is one step closer to becoming fully Ethereum Virtual Machine (EVM) compatible pending an August testnet launch of Kakarot, a new zkEVM.On June 3, the Kakarot team announced it had received new backing from Ethereum cofounder Vitalik Buterin, Ledger co-founder Nicholas
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Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain it hopes to address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB which launched as a testnet on June 19. The new layer-2 scaling solution is based on the Optimism OP Stack which it says will add additional
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“Projects can leverage improved throughput and significantly lower transaction costs, resulting in a superior user experience,” developers said in the release. “Furthermore, opBNB's enhanced scalability overcomes challenges previously faced by projects with high transaction volumes on BSC and enables them to thrive.” Source
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