Ethereum co-founder Vitalik Buterin is urging Layer 2 networks to rethink their strategy. He points to a major decline in L2 users—from 58.4 million to about 30 million—even as Ethereum’s base network ...
In another notable layer-2 development, Robinhood’s testnet recorded 4 million transactions in its first week, according to CEO Vlad Tenev. The Arbitrum-based Robinhood Chain is designed to support ...
Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin’s scaling layers are less about throughput and ...
Ethereum (ETH) fell from $4,953 in August to around $3,446 by November as Layer 2 networks reduced mainnet fee revenue and token burns. Ethereum’s daily gas fee revenue dropped from over $30M to ...
This article has been updated to include the comments of Johann Kerbrat, senior vice president and GM of Crypto and International at Robinhood. Robinhood has launched a public testnet for Robinhood ...
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 ...
Robinhood said developers will begin experimenting with applications on its Ethereum layer-2 network, while providing key technical feedback.
Bitcoin may be the world’s most secure digital asset, but for years its base layer has limited the kinds of financial applications developers could build on it. That changes with the launch of Arkade, ...
I’ve been thinking about this a lot lately: Bitcoin Layer 2 foundations need to start holding bitcoin in their treasuries. It makes too much sense for them not to. And apparently I’m not the only one.
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 ...
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