Arbitrum Hit by ‘Partial Outage’ Due to Traffic Surge
The layer-2 blockchain stopped working as intended Friday morning.
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The layer-2 blockchain stopped working as intended Friday morning.
In the historic auction house’s first-ever sale of the Ordinals inscriptions known as “NFTs on Bitcoin,” a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.
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.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.
Vitalik Buterin, a member of the Ethereum Foundation’s executive board, once pushed “layer-2” networks as a way to provide faster and cheaper transactions. Now he’s got ideas for “enshrining” some of those functions on the main chain.
In this week’s issue of The Protocol newsletter, we’re covering Worldcoin’s latest update, airdrop season, the new Bitcoin wallet from Jack Dorsey’s company and the “data availability” network Celestia’s market-moving plan to plug into Polygon’s blockchain development kit.
Shopify, Minecraft, and Reddit will begin using World ID to identify some users.
Uniswap version 3 (v3) has been deployed on Bitcoin sidechain Rootstock by GFX Labs, the team behind trading terminal Oku.