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Layer2 (24)
Explore how Layer2 solutions can scale blockchain technology.
Layer2
Ethereum
What is Scroll L2? Uncovering the SCR airdrop hype
The fantastic thing about crypto is that developers are always building and coming up with new fixes for existing problems. As the Ethereum network grows, so to does demand for scalable and efficient solutions. Ethereum Layer-2 (L2) scaling solutions are therefore crucial in addressing the network's congestion and high transaction fees. One such L2 that's stepped up to the plate to solve the issue of scalability is Scroll. By leveraging (ZK) rollup technology, Scroll promises to be a zkEVM L2 that marries Ethereum's robust security with lower latency and better scalability.
Dec 27, 2024
Intermediate
Layer2
DeFi
What is Unichain: Uniswap's Layer-2 solution for Ethereum scalability
The Uniswap decentralized exchange provided a simple and accessible route to token trading for users when it arrived in 2018. Now, Uniswap has launched Unichain, a platform that aims to address some of the growing pains of decentralized finance (DeFi) on Ethereum. The project's technology is considered by many to be an upgrade, and one that allows for smoother and more efficient transactions.
Oct 25, 2024
Intermediate
Layer2
What is layer-0: redefining blockchains with mainchains and sidechains
The world of blockchain can be complex, with layers upon layers of technology powering its revolutionary functions. While terms like layer-1 and layer-2 are becoming increasingly familiar, being protocols that are continuously refined, a new player has emerged on the scene. Known as layer-0, it's a blockchain protocol that acts as the foundation for many of the coins and tokens we trade today.
Oct 8, 2024
Layer2
Ethereum
What is Arbitrum: improving Ethereum's scalability
The challenges of Ethereum's network are well-known: relatively high gas fees and congestion that can slow transaction times, especially during periods of high demand. Arbitrum is a Layer-2 solution that aims to address these frustrations, having been built to boost network efficiency by taking some of the work off Ethereum mainnet. Whether you’re a developer working with decentralized applications (DApps) or a user sending tokens, Arbitrum helps to make the experience smoother and more cost-effective.
Oct 4, 2024
Beginners
Layer2
What is Movement Network: simple and secure blockchain interoperability
One challenge brought by the growing number and variety of blockchain networks is how to get them working together seamlessly. After all, decentralization should go hand in hand with collaboration. This is where Movement Labs comes in — a blockchain project that aims to unify the often fragmented blockchain space.
Sep 11, 2024
Beginners
Ethereum
Layer2
What is Blast: the million-dollar Ethereum L2 cofounded by Blur
If you're someone who prefers to HODL their portfolio for the long haul, staking and generating passive yield may be at the top of your agenda. With so many staking protocols to choose from, you'll practically be spoilt for choice, as they potentially bring satisfying rewards and security that reassures you of your staking decision.
Apr 25, 2024
Layer2
What is zkLink: tackling the multichain liquidity challenge
Managing multiple blockchains — each with their own unique rules, can be a complicated task. This fragmentation can create challenges with liquidity and add a layer of complexity when making transactions. It's why interoperability is an important feature of blockchain networks, as it allows different chains to interact freely.
Jul 20, 2024
Intermediate
Layer2
Market Updates
OKX Ventures bi-monthly investment report (May-June 2024): steady progress in multiple fields, optimistic outlook on market prospects
The U.S. economy continues to show resilience in growth, but a high interest rate environment continues to impact the economy, with many countries and regions experiencing economic stagnation or mild recession. Although inflation shows signs of cooling, according to the Federal Reserve’s plan, an uncertain macroeconomic environment has further exacerbated volatility in the cryptocurrency market.
Jul 15, 2024
Intermediate
Layer2
What is Bitlayer? Extending Bitcoin's possibilities with BitVM
Have you ever wondered why the Bitcoin network struggles with scalability and smart contract limitations despite being secure and decentralized? Although Bitcoin is secure, its transaction speed and cost can be improved. Enter Bitlayer — the first Bitcoin security-equivalent Layer-2 that aims to address these limitations by combining the Bitcoin Virtual Machine (BitVM) and zero-knowledge proofs (ZK proofs). Put simply, Bitlayer adds a computing layer to the Bitcoin network that increases transaction throughput and supports complex smart contracts without compromising Bitcoin's security.
Jun 17, 2024
Intermediate
Layer2
Ethereum
Base Layer-2 ecosystem guide: top Base blockchain tokens to watch
Many would agree that the Base blockchain is one of the leading Layer-2 (L2) solutions out there today. Despite being late to the Layer-2 game, Base L2 has grown tremendously thanks to its backing from Coinbase and compatibility that significantly lowers the barrier to entry for beginners and crypto natives alike.
Jul 12, 2024
Intermediate
Layer2
What is Aevo: the derivatives Layer-2 with pre-launch token futures
With higher gas fees and unfamiliar functionality, some traders find the transition to decentralized exchanges (DEXs) a hard bridge to cross when it comes to exclusively trading on DEXs. Fortunately, with up-and-coming DEXs like Aevo, a focus on user-friendly interfaces and cutting-edge scaling solutions is bridging the gap between DeFi and TradFi. That's making it easier than ever for newcomers and experienced traders alike to seamlessly transition to the exciting world of DeFi crypto trading.
Jun 17, 2024
Intermediate
Layer2
NFT
What is Immutable X? Demystifying the Layer 2 solution for NFTs and Web3 gaming
Entering the list of advanced new blockchain solutions, Immutable X is considered by many a revolutionary Layer 2 solution on the Ethereum blockchain. This new player in non-fungible token (NFT) minting and GameFi stands out for its unparalleled features. It offers gas-free NFT minting and seamless integration into the vast landscape of mainstream gaming.
Apr 25, 2024
Intermediate
Privacy
Layer2
What is ZK technology? How zero-knowledge boosts blockchain security and scalability
Zero-knowledge (ZK) technology refers to a cryptographic method that allows one party to confirm the proof of a statement without revealing any information beyond the statement of truth itself. In short, it helps to increase confidentiality and safeguard digital transactions.
Apr 25, 2024
Intermediate
Layer2
X Layer Public Mainnet Now Live, Building With 200+ dApps
A message from OKX Chief Marketing Officer Haider Rafique Today we launched the public mainnet of our Layer-2 (L2), X LAYER, building with more than 200 dApps across the network. X LAYER is integrated with OKX Exchange (CEX) and the OKX Web3 Wallet. Users can seamlessly bridge assets from the two platforms to LAYER to interact with with the DApps deployed on the network.
Apr 25, 2024
Ethereum
Layer2
What is Base: the Ethereum Layer-2 challenger
Layer-2 (L2) solutions help to enhance Ethereum's scalability, making it more accessible to a larger audience. Two notable L2 options are Optimistic Rollups (OP) and Plasma (POL). OP allows fast off-chain transactions by assuming their validity unless challenged.
Oct 29, 2024
Intermediate
Layer2
Ethereum
What is Mantle Network (MNT): exploring Ethereum's first modular Layer-2 solution
Mantle Network is a pioneering modular Layer-2 solution designed to help scale the Ethereum network efficiently, handling more transactions faster than before. The tool achieves this by bundling transactions together using technology, reducing gas fees and speeding up transaction times.
Oct 23, 2024
Intermediate
Ethereum
Layer2
What Is Ontology?
![What Is Ontology O](//images.ctfassets.net/4nqoo8goeymu/BdCMTbA4GeMbND3YJxNBl/85a649264376aa2b6ca387fb1b1e1d84/What-Is-Ontology-O.png) Ontology is a fast, secure, and accessible layer-2 public block
Sep 2, 2024
Blockchain
Ethereum
Layer2
What is Polygon 2.0: exploring blockchain's game-changing platform
Many believe that Polygon 2.0 could significantly change the landscape for decentralized application (DApp) development, opening up DApps to a wider global audience. The latest iteration of the technology is faster, cheaper, and more scalable than ever.
Aug 28, 2024
Intermediate
Layer2
Bitcoin
Ethereum
What are cross-chain bridges? The top cross-chain bridges of 2024
Cross-chain bridges are a powerful force in crypto, allowing for the seamless transfer of your digital assets from one blockchain to another. The tool aims to improve the compatibility of different blockchains, simplifying the transfer of assets between various networks.
May 31, 2024
Beginners
Blockchain
Layer2
Ethereum
All about Ethscriptions: the Ethereum protocol rivaling Bitcoin ordinals
Bitcoin ordinals took the Web3 world by storm following their introduction in January 2023. The adoption of ordinals has been massive, with millions of inscriptions being created in the few months since launch.
Apr 25, 2024
Layer2
Ethereum
How to unlock Ethereum's potential: the complete guide to Optimism
Ethereum is a dynamic platform that caters to many transactions and applications, from Decentralized Finance (DeFi) to gaming, and even Non-Fungible Tokens (NFTs). But, a prominent challenge it faces is scalability. As it stands, Ethereum can handle about 30 transactions every second.
Sep 23, 2024
Intermediate
Layer2
Ethereum
Blockchain
Introducing Starknet: The answer to Ethereum's scalability challenge?
Blockchain technology has revolutionized the way we conduct transactions and store data securely. However, one major challenge that blockchain faces is scalability . As the number of users and transactions on a blockchain network increases, the system becomes slower and more expensive. This scalability challenge has hindered the widespread adoption of blockchain technology in various industries.
May 29, 2024
Intermediate
Layer2
Is Layer 2 the answer to Ethereum's scalability problem?
Scalability has emerged as a hot topic for Ethereum , with many seeing it as a potentially major hurdle to the technology's widespread adoption. Leading the charge in tackling this challenge are Layer 2 solutions. Certain solutions are tailor-made to enhance performance across the blockchain ecosystem, providing a host of important benefits:
Apr 25, 2024
Intermediate
Layer2
What is BEVM: evolving Bitcoin into a platform for DApps
Bitcoin is often referred to as digital gold, but what if it could be more than that? Imagine using Bitcoin not just for transactions or holding money, but also to run powerful apps and create new decentralized apps (DApps), like Ethereum does.
Sep 17, 2024
Intermediate
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