Movement Labs targets 1-second L2 finality by end of 2024: Co-founder

Apps will be able to settle directly on Movements L2 with fast finality postconfirmations secured by stakers, the co-founder said.

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Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down?

Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain LabsArbitrum developerssaid they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2 [...]

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Taiko, an Ethereum-Equivalent ZK Rollup, Raises $15M

The Taiko project, distinguished for its “based sequencing” architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.Source: CoinDesk

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Where Did We Go Wrong With Ethereum Scaling?

Source: CoinDesk

The post Where Did We Go Wrong With Ethereum Scaling? appeared first on Crypto Breaking News.

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NFT-optimized Palm Network to become a Polygon ZK Supernet

The Ethereum sidechain will transition to a proof-of-stake network this August and become a full-fledged layer 2 based on Polygon’s zero-knowledge protocol in 2024.

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Market Expert Highlights Top Coins To Watch As Ethereum (ETH) Reaches 22-Month High

Market expert Miles Deutscher has identified several key trends and developments in the cryptocurrency market, particularly focusing on the Ethereum (ETH) rally and its implications for Layer-2 (L2) decentralized finance (DeFi) altcoins.  Deutscher highlights that ETHs recent surge to a 22-month high of $3,130 has sparked increased interest in L2/DeFi altcoins, presenting potential opportunities for [...]

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Open-source advocates launch OP Stack testnet to fund public goods

The Public Goods Network from Gitcoin promises to redirect most net sequencer fees into public goods, instead of giving them to token holders or developers.

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