Layer 2

DAOs on Polygon Experience 2x Increase in Activity Compared to Ethereum

Source Node: https://platodata.network/platowire/daos-on-polygon-experience-2x-increase-in-activity-compared-to-ethereum/
Time Stamp: April 6, 2023 9:30 PM - Modified On: April 6, 2023 - Published By:
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Republished By Plato

Decentralized Autonomous Organizations (DAOs) have been gaining popularity in the blockchain space as a way to democratize decision-making and governance. However, the high gas fees on Ethereum have made it difficult for smaller DAOs to operate efficiently. This is where Polygon, a Layer 2 scaling solution for Ethereum, comes in.In recent months, there has been a surge in DAO activity on Polygon. According to a report by DappRadar, DAOs on Polygon experienced a 2x increase in activity compared to Ethereum in June 2021. This can be attributed to the lower

Arbitrum Foundation Sells ARB Tokens Prior to Governance and Budget Ratification Vote

Source Node: https://platodata.network/platowire/arbitrum-foundation-sells-arb-tokens-prior-to-governance-and-budget-ratification-vote/
Time Stamp: April 2, 2023 7:48 AM - Modified On: April 2, 2023 - Published By:
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Republished By Plato

The Arbitrum Foundation, a non-profit organization that oversees the development and maintenance of the Arbitrum network, has recently sold a significant amount of its native ARB tokens before the community could vote on its governance and budget ratification.This move has caused concern among the community members, who are worried about the potential impact on the network's decentralization and transparency. The sale of tokens before the governance and budget ratification vote has been seen as a breach of trust by the foundation, which was expected to act in the best interest

“Discover the Leading DeFi and Web3 Infrastructure Startups Transforming the Industry in Q1 2023: A List of Top 10 Innovators”

Source Node: https://zephyrnet.com/top-10-defi-and-web3-infrastructure-startups-revolutionizing-the-industry-in-q1-2023/
Time Stamp: March 22, 2023 9:12 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

The world of decentralized finance (DeFi) and Web3 infrastructure is rapidly evolving, with new startups emerging every day. As we approach Q1 2023, it's important to take a closer look at the top innovators in this space, as they are the ones driving the industry forward and shaping its future.Here are the top 10 DeFi and Web3 infrastructure startups to watch in Q1 2023:1. Chainlink: Chainlink is a decentralized oracle network that provides secure and reliable data feeds to smart contracts. It's one of the most important infrastructure projects in

Record High of 1.54M Layer 2 Transactions Achieved in a Single Day

Source Node: https://zephyrnet.com/daily-layer-2-transaction-count-soars-to-record-1-54m/
Time Stamp: March 19, 2023 11:04 AM - Modified On: March 19, 2023 - Published By:
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Published by Plato

The blockchain industry has seen a major breakthrough recently with a record high of 1.54 million Layer 2 transactions achieved in a single day. Layer 2 is a term used to describe the second layer of the blockchain technology, which is designed to increase the scalability and speed of blockchain transactions. This record high of 1.54 million Layer 2 transactions is a significant milestone for the blockchain industry and has been achieved by a number of leading blockchain projects. The most notable of these projects is the Ethereum network, which

Record High of 1.54M Daily Layer 2 Transactions Reached

Source Node: https://zephyrnet.com/daily-layer-2-transaction-count-soars-to-record-1-54m/
Time Stamp: March 19, 2023 11:04 AM - Modified On: March 19, 2023 - Published By:
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Published by Plato

on Ethereum The Ethereum blockchain is continuing to show its strength and potential as a leading platform for decentralized applications and digital asset transactions. On April 28, 2021, the Ethereum blockchain saw a record high of 1.54 million daily Layer 2 transactions, a significant milestone for the platform. Layer 2 solutions are an important part of the Ethereum ecosystem, as they enable users to conduct transactions off-chain, allowing for faster and cheaper transactions than on-chain. The most popular Layer 2 solution on Ethereum is the Optimistic Rollup, which allows users

Record High of 1.54 Million Layer 2 Transactions Reached in a Single Day

Source Node: https://zephyrnet.com/daily-layer-2-transaction-count-soars-to-record-1-54m/
Time Stamp: March 19, 2023 11:04 AM - Modified On: March 19, 2023 - Published By:
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Published by Plato

on Ethereum On August 5th, 2020, Ethereum achieved a new record high of 1.54 million Layer 2 transactions in a single day. Layer 2 transactions are those that occur off the main Ethereum blockchain, allowing for faster and cheaper transactions. This is an impressive milestone for Ethereum and a sign of its growing popularity and usage. Layer 2 transactions are made possible by a variety of different technologies, such as Plasma, Optimistic Rollups, and zk-SNARKs. These technologies allow for transactions to be processed off the main blockchain, which reduces the

Record 1.54M Daily Layer 2 Transactions Recorded

Source Node: https://zephyrnet.com/daily-layer-2-transaction-count-soars-to-record-1-54m/
Time Stamp: March 19, 2023 11:04 AM - Modified On: March 19, 2023 - Published By:
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Published by Plato

on Ethereum The Ethereum blockchain has recently recorded a new milestone, with over 1.54 million daily Layer 2 transactions. Layer 2 solutions are an important part of the Ethereum ecosystem, allowing users to transact quickly and cheaply without having to pay the high fees associated with Ethereum’s mainnet. Layer 2 solutions are built on top of the Ethereum blockchain, and provide users with a way to transact without having to wait for the mainnet to confirm their transactions. This is done by using a sidechain, or a second layer of

Arbitrum and Superchain Aim to Increase Layer 2 Market Share with Positive Prospects

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

In recent years, the blockchain industry has seen a surge in the development of layer 2 solutions. Layer 2 solutions are designed to increase the scalability of blockchain networks, allowing for faster and cheaper transactions. Two of the most promising layer 2 solutions are Arbitrum and Superchain, which have been gaining traction in the market due to their potential to increase market share. Arbitrum is a layer 2 solution developed by Offchain Labs. It is designed to enable users to securely and quickly transact on Ethereum without having to pay

Arbitrum and Superchain Aim to Increase Layer 2 Market Share with Positive Predictions

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

The blockchain industry is constantly evolving, and new technologies are emerging to make the space more efficient. One of the most promising new technologies is Arbitrum and Superchain, which aim to increase the market share of Layer 2 solutions. These two projects have made some positive predictions about the future of blockchain technology, and they could be a game-changer for the industry. Arbitrum is a Layer 2 scaling solution that is designed to provide a secure and reliable platform for decentralized applications. It uses a combination of off-chain transactions and

Arbitrum and Superchain Aim to Secure Layer 2 Market Share with Positive Forecasts

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

The blockchain industry is constantly evolving and new technologies are emerging to meet the needs of the market. One of the most promising new technologies is Arbitrum and Superchain, two Layer 2 solutions that are aiming to secure a large share of the market. Both of these solutions have been met with positive forecasts, and they offer a range of benefits that could make them attractive to businesses and individuals alike. Arbitrum is a Layer 2 solution that is designed to improve scalability and reduce transaction costs. It is built

Arbitrum and Superchain Poised to Gain Layer 2 Market Share with Positive Forecasts

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

The blockchain industry is rapidly evolving, and with it, the development of new technologies and protocols. Two of the most promising projects in this space are Arbitrum and Superchain, both of which are poised to gain significant market share in the Layer 2 market.Arbitrum is a Layer 2 protocol that enables users to create private, secure, and scalable smart contracts. It uses a combination of cryptographic techniques and distributed consensus algorithms to ensure that transactions are secure and reliable. The protocol also provides a high degree of scalability, allowing for

Arbitrum and Superchain Compete for Layer 2 Blockchain Market Share with Positive Predictions

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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Published by Plato

The blockchain industry is rapidly evolving, and two of the most promising projects in the space are Arbitrum and Superchain. Both projects are vying for a share of the Layer 2 blockchain market, and their respective teams have made positive predictions about their future success. Arbitrum is a Layer 2 blockchain protocol that enables users to securely and quickly execute transactions on the Ethereum network. It is designed to be more efficient and secure than Ethereum, while also offering lower transaction fees. The project is backed by a team of