Layer 2 chains process new transactions faster while reducing the load on Layer 1 and typically taking lower fees. A connection (channel, bridge, etc.) is opened between Layer 1 and Layer 2 ...
The transition ends a long journey beginning back in July 2023 and a fierce competition, won by Optimism, convincing the Celo ...
Celo transitions to Ethereum Layer-2, boosting security, speed, and developer compatibility with low fees and faster transactions.
At the heart of these innovations is the idea of Layer 1 and Layer 2 solutions. Layer 1 refers to the base blockchain itself-like Bitcoin or Ethereum-where transactions are recorded and secured by ...
Celo's Ethereum L2 upgrade enhances security and interoperability, supporting 1,000+ projects with lower fees and faster ...
Ethereum co-founder Vitalik Buterin proposes increasing blockchain data availability through Pectra and Fusaka upgrades, enabling Layer 2 rollups.
The new layer-2 scaling solution Solaxy (SOLX) is designed to solve these issues and has raised over $26 million in presale funding ahead of its launch. Solaxy aims to be the first layer-2 scaling ...