Layer 2
Layer 2 is a scaling solution for blockchain networks. It operates on top of Layer 1 blockchains like Ethereum, helping increase transaction speed and scalability. Layer 2 achieves this by processing some transactions off the main blockchain, reducing congestion and costs. It includes technologies like sidechains, state channels, and rollups, making it possible for blockchain networks to handle a larger number of transactions and applications, enhancing their efficiency and usability.
Coinbase's On-Chain Evolution: The Base Connection
With Coinbase's backing, Base offers Ethereum's perks at a fraction of the cost, bringing its centralized exchange (CEX) on-chain with the Coinbase Smart Wallet.
Mar 31
5 min read
How Bitcoin staking works and the leading projects
This article explores Bitcoin's transition into the DeFi sector, emphasizing its role in staking mechanisms through Layer 2 networks. It highlights the potential of Bitcoin DeFi to redefine economic structures with a community-driven interest rate model, contrasting traditional financial systems' shortcomings.
StarkNet Ecosystem Airdrop Opportunities: An In-Depth Guide
With the STRK Airdrop concluded, let's take a look at the the StarkNet ecosystem and the other promising airdrops within.
05 Jun 2023
10 min read
A Deepdive into zkSync - Turbocharging Ethereum with Scalability and Security
zkSync is a scaling and privacy engine for Ethereum that uses zero-knowledge rollups to provide a trustless protocol for scalable low-cost payments on Ethereum. Its purpose is to break financial barriers and enhance the world's freedom by accelerating the mass adoption of public blockchains. zkSync enables users to exit and enter the Ethereum mainnet in a decentralized pattern while offering lower transaction fees compared to the legacy ecosystem.
