‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet. Go to Source
Scaling
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Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital … Read more
Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base. Go to Source
What needs to happen for Ethereum (ETH) price to reach $4K?
Ethereum’s Achilles heel is institutional adoption, scalability, and sustainable DApp ecosystem growth. Go to Source
Ethereum scaling ecosystem’s combined TPS hits new all-time high
Over 41% of those transactions took place on Xai, a new Ethereum layer-3 scaling solution focused on gaming applications. Go to Source
ZkSync says 695K wallets eligible for next week’s ZK token airdrop
The Ethereum scaling blockchain set aside two-thirds of its 21 billion ZK token supply to give to its community, with select users the first to get a share. Go to Source
Vitalik Buterin: L2s are ‘cultural extensions’ of Ethereum
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs. Go to Source
Aptos Reaches Milestone, Processes Over 95 Million Daily Transactions
The Aptos blockchain reached a milestone in its history, processing over 95 million in a single day. According to data provided by Artemis, a blockchain statistics platform, the number broke an L1 industry record on May 24, pushed by the tap to earn game Tapos, in which each tap or click constitutes a transaction. Aptos … Read more
White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
The paper, released in 2014, lays the foundations for blockchain privacy and scaling. Go to Source
Optimism to roll out new Superchain features for layer-3 devs
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain. Go to Source
