What Is A Crypto Layer 2 And How Does It Work?
With Ethereum’s 8th birthday coming up on July 30th, Web3 has certainly come a long way. As the space has grown, however, the technology’s scaling limitations have become harder to ignore. Any regular cryptocurrency user will, inevitably, find themselves faced with high fees and slow transaction confirmations at some time. Layer 2 systems, called “L2s,” […]
Millrock Resources Confirms Third Mineralization Layer Beneath the Core Eureka Zone By Assaying Historical Core Samples From the Nikolai (Ni-Cu-Co-PGE) Project, Alaska
2022-09-26 05:42:17 VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) — Millrock Resources Inc. (TSX-V: MRO) (“Millrock”) is pleased to report additional assay results from the sampling of historical core from the Eureka Zone at its 100% owned Nikolai Project, which hosts nickel (Ni) – copper (Cu) – cobalt (Co) – platinum group elements (PGE) […]
Ethereum Layer 2 Service StarkNet Goes Live on Alchemy, Promises 100x Lower Gas Fees
2022-03-07 15:36:29 In brief StarkNet relies on ZK technology to process masses of transactions quickly and cheaply. A number of major crypto players, including Alchemy and Immutable, are already using it. Don’t look now, but there are signs that Ethereum’s high-gas-fee woes may be abating. Those high fees have long been a source of frustration […]
StarkWare Says It Will Launch Layer 3 on Ethereum
2021-12-21 11:27:20 Key Takeaways StarkWare has announced planned Layer 3 blockchains to expand its infrastructure scalability. The team said StarkEx, which powers dYdX and Immutable, will be ported to Layer 3. StarkWare’s Layer 3s including StarkEx will operate on its primary Layer 2, StarkNet. Share this article StarkWare, a firm aiming to scale Ethereum using […]
Layer 2 Solutions Are The Future of Ethereum Scaling, Says Vitalik Buterin
2021-10-26 07:59:31 Ethereum’s scaling hurdles have been at the center of technical discussions among DeFi aficionados and ETH proponents for quite some time now. Today, during the annual Shanghai Blockchain Week conference, Vitalik Buterin shared some thoughts on the matter. Vitalik Buterin, in his opening remarks during this year’s edition of the Shanghai Blockchain Week […]