Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
The project is taking advantage of an increasingly popular fundraising method known as “node sales” just months after a traditional $12 million fundraise.
Layer 2s
Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Tweets from the crypto exchange and Jesse Pollack, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.
It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’
With Polyhedra’s new “Proof Arena,” it should be easier to tell who’s the fastest (April Walker/Unsplash, modified by CoinDesk using PhotoMosh)
Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK
Rootstock verified the SNARK using BitVMX, which is Rootstock’s modified version of BitVM
Tezos, Smart-Contract Blockchain of ICO Fame, Reveals Roadmap to Rejuvenate
The decade-old blockchain’s development plan, which goes out through 2026, calls for splitting off transaction execution into a separate “canonical rollup” that would support multiple programming languages.
Marathon’s Layer-2 Chain, Anduro, Plugs In ‘Portal to Bitcoin’ for Atomic Swaps
The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a “platform built on the Bitcoin network that allows for the creation of multiple sidechains.”
Sonic, Gaming-Focused Layer-2 Chain on Solana, Raises $12M
Chris Zhu, CEO and founder of Sonic (Robin Huang/Mirror World Labs)
ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here’s What to Expect
According to the plan released Tuesday, 17.5% of ZK’s 21 billion total token supply will be airdropped to users beginning “next week.”
Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
The Bitcoin community has developed various layer-2 blockchains that enhance the network’s efficiency and functionality without altering its core software.