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Latest Layer 2 News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Layer 2 news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Layer 2 trends and market movements.
Circle Launches Euro-Backed Stablecoin on Base Network
Jul 11, 2024
Circle has introduced its euro-backed stablecoin, EURC, on the Base network. This move expands EURC's native availability beyond Avalanche, Ethereum, Solana, and Stellar. It's a first for Base. EURC is now accessible on an Ethereum layer-2 network in native form. Previously, layer-2s only used deri
TON Blockchain to Launch Layer-2 Network Using Polygon Tech
Jul 10, 2024
The TON Blockchain ecosystem is set to expand. A new layer-2 network is in the works. It's called the TON Applications Chain (TAC). TAC will use Polygon's technology. This includes Polygon's Chain Development Kit and AggLayer. The Open Platform, a TON-focused investor, backs the project. The annou
MetaMask Launches Toolkit to Enhance Web3 Adoption
Jul 09, 2024
Consensys has unveiled a new product. The MetaMask Delegation Toolkit aims to simplify decentralized app development. It also seeks to improve Web3 user engagement. The toolkit will be available on Ethereum Virtual Machine chains. These include Arbitrum, Avalanche, Base, Linea, Optimism and Polygon
Industry Veteran Warns of 'Dystopian Nightmare' in Ethereum L2s
Jul 09, 2024
Justin Bons, founder of Cyber Capital, has criticized Ethereum's Layer-2 (L2) solutions. He calls networks like Arbitrum, Base, and Optimism a "dystopian nightmare of centralization." Bons targets several top L2 solutions. He argues they have centralization risks that could allow network operators
Hinkal Introduces Groundbreaking Privacy Solution for Multiple Blockchains
Jul 08, 2024
Hinkal Protocol has launched its Shared Privacy Protocol. The new system enables confidential transactions across multiple blockchains. The announcement came at EthCC 7. Hinkal outlined several key features of the protocol. Stakers can deploy native and staked assets. This generates additional yie
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