Scaling

hop

Hop Drops on Mainnet: A Protocol for Interoperability Across Scaling Solutions

As yields and prices cool, dampening down dreams of another DeFi summer, the hope of a Layer 2 version of the season has emerged. Pushing the dream forward is Hop Protocol, a project which allows users to “hop” across scaling solutions has launched on the Ethereum mainnet.  Hop, which works with protocols compatible with the …

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security

Polygon’s Rise Comes with Increased Scrutiny of the Scaling Solution’s Security

Polygon, which in the past month soared to become the most popular Ethereum scaling solution, is coming under fire as critics say it is too centralized to be considered secure.  Ethereum scaling solutions are crucial for decentralized finance to continue to grow, as using dapps directly on the network is becoming prohibitively expensive. Scaling solutions …

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Curve Finance Launches on Layer 2 Solution Polygon

Slowly then all at once. DeFi projects’ moves to Ethereum Layer 2s are coming weekly now with Curve Finance joining Polymarket and Aave in the quest for scalability. Curve has launched a pool on Polygon, the Layer 2 network which supports multiple interoperable solutions like a Proof-of-Stake chain and a Plasma chain. The pool hosts …

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dYdX Launches Layer 2 Perpetuals Powered by StarkWare

dYdX  launched its cross-margined perpetuals product on a Layer 2 scaling solution powered by blockchain software developer StarkWare.  The move is significant as it highlights how some of Ethereum’s most well-known DeFi projects are migrating to scaling solutions amid rising gas costs to operate directly on Ethereum’s Layer 1. $10M Trading Volume StarkWare co-founder and …

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Untitled design scaled

The State of Layer 2 With Ethereum Scaling is at Stake

With transactions in the several hundreds of dollars and the chain’s blocks perpetually filled as competitors inch in, it’s not an overstatement to say the future of Ethereum depends on scaling solutions known as Layer 2s.  Layer 2 (L2) is a term for technologies which take Ethereum transactions off its main chain, enabling the network’s …

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