Explore Layer 2 crypto networks that leverage base blockchains like Ethereum to enhance transaction speeds, reduce costs ...
The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...
An independent blockchain acting in concert with Bitcoin, Ethereum or other major chain, which retroactively became known as "Layer 1 chains" or "main chains." Layer 2 chains process new transactions ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. While blockchain technology promises transparency and ...
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees. Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 ...
Kraken, the seventh-largest crypto exchange, said its layer-2 rollup network, built on top of the Ethereum blockchain, has gone live. The network, called Ink, is based on the OP stack, a customizable ...
Soaring venture capital interest in Bitcoin layer-2 projects has brought into sharp focus whether the new scaling solutions truly deserve the classification. Research from Spartan Group in December ...
It has reshaped our way of thinking about finance, ownership, and digital trust. From powering cryptocurrencies like Bitcoin to underpinning both decentralized finance, otherwise known as DeFi, and ...
Brian Armstrong, founder of Coinbase, photographed for Forbes by Jamel Toppin in January 2020. Coinbase officially launched the public mainnet for its long-awaited Base layer 2 blockchain network on ...