Will layer-two scaling solutions solve all the challenges that enterprises face with public blockchains? Source link
Read More »Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop
Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level. Source link
Read More »Singapore Stock Exchange Taps Blockchain for Settlement Layer Infrastructure
The Singapore Stock Exchange (SGX) has partnered with investment firm Temasek to explore the use of blockchain technology for the settling of asset trades. Temasek remains a prominent player in Singapore’s expanding utilization of decentralized ledger technology (DLT) with several collaborations with both public and private establishments in the city-state. …
Read More »Synthetix (SNX) to Activate Layer-2 Staking
In less than 24 hours, Synthetix, a DeFi protocol that allows trustless trading of derivatives called synths, will activate Castor and Layer-2 staking after trialing on the Goerli testnet since September 2020, a press release on Jan 13 reads. Castor Follows Shaula For Layer-2 Staking The activation is less than …
Read More »This Project Looks to Bridge Multi-Chain Gaps as the Layer 2 of DeFi
As interoperability continues to prove a pain point for AMMs, Tenet connects popular DeFi protocols via the native $TEN token. 2020 saw decentralised finance protocols unlock a suite of new and exciting passive income opportunities. Decentralised AMM (automatic market maker) exchanges such as Uniswap, Balancer and Curve have become hugely …
Read More »Japanese firm Layer X Labs develops blockchain-based e-voting protocol
The new system will bring blockchain security and immutability to local elections as well as reinforce Tsukuba City’s “smart city” initiative Source link
Read More »AdEx Turns More Lucrative with Staking and Layer 2 Scaling Solutions
AdEx, the open-source global decentralized ad network has improved greatly in the past few months, thanks to upgraded staking feature and its robust layer 2 scalability solution that makes it one of the biggest payment channels on the Ethereum network. The latest staking mechanism combined with its robust OUTPACE payment …
Read More »Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance
Bitcoin’s fundamental outlook has been growing by leaps and bounds throughout the past year, with the vast majority of on-chain metrics pointing to mounting underlying strength. One such metric, however, that has not shown any signs of intense strength is the cryptocurrency’s network momentum, which has remained stagnant throughout the …
Read More »DeFi mainstreaming impossible until DEXs integrate layer 2, experts say
DeFi is booming again but experts caution that mainstreaming won’t occur without decentralized exchanges integrating layer 2 options. Source link
Read More »Layer 2 Will Make Bitcoin as Easy to Use as the Dollar, Says Kraken CEO
Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long-term. Source link
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