Elastos Looks to Capture BTC Staking Demand With Bitcoin Layer 2 Offering
The platform is developing Bitcoin tools as the applications built on the network catch favor with investors.
Binary trading platforms with better performance and payouts
layer 2
The platform is developing Bitcoin tools as the applications built on the network catch favor with investors.
Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.
Celo originally planned to build its Ethereum layer-2 network with Optimism’s OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.
The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo’s choice is being closely watched by the blockchain industry.
BLUR, the native token of non-fungible token (NFT) platform Blur surged by 22% on Friday after being listed on Binance’s convert feature.
Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical.
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February.
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.