Solana Labs co-founder Anatoly Yakovenko has sparked heated debate within the cryptocurrency ecosystem after issuing a dire warning over the security of Ethereum Layer 2 networks. Yakovenko had released a public post recently, where he stated that these scaling solutions are “not quantum-safe” using a sentence ending with the words: “abandon all hope.” This claim, coming from one of the most respected engineers in blockchain infrastructure, is resonating through our industry. His warning is taken not just as criticism but a serious caution about risks and vulnerabilities that may emerge with the evolution of quantum computers. Ethereum L2s are not
The post Ethereum Layer 2 Networks Are Not Quantum Safe, Says Solana Co-Founder appeared first on The Merkle News.
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Learn how Ink by Kraken enhances DeFi with fast, low-cost transactions and secure cross-chain interoperability for a better decentralized experience.
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Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally.
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Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report.
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The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.
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ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.
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Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others.
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Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
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The Bitcoin 2024 conference showcased dozens of protocols driving innovation on the Bitcoin blockchain. Cointelegraph’s team explored the promises and challenges emerging around the world.
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While Bitcoin saw a 20% drop in daily active addresses in Q2 2024, Ethereum and L2s posted a 127% increase in such addresses in H1 2024.
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