Layer2

Ethereum: Are fundamentals there?

Ethereum: Are fundamentals there?

The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. Since the fertile but somewhat fraudulent initial coin offering (ICO) frenzy in 2017, Ethereum (ETH) remains second only to Bitcoin, now at 9x lesser market cap. Over the last five years, Ethereum had an average annualized return at nearly […]

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Ethereum Foundation pivots focus to L1 scaling, frees Vitalik Buterin for research innovation

Ethereum Foundation pivots focus to L1 scaling, frees Vitalik Buterin for research innovation

The Ethereum Foundation (EF) is sharpening its focus on improving the Layer 1 network and enhancing the user experience through a series of upcoming protocol upgrades. On April 21, Tomasz Stańczak, the incoming co-director at EF, confirmed that the organization is shifting its research priorities. The new focus will center on Layer 1 performance, continued

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Base creator Jesse Pollak apologizes for sharing provocative GIF after latest backlash

Base creator Jesse Pollak apologizes for sharing provocative GIF after latest backlash

Jesse Pollak, the creator of Coinbase-backed Base, an Ethereum layer 2 network, conceded he made a “mistake” by sharing a GIF containing controversial words in an X post. Pollak had shared a GIF that played on the tagline of Base: Base is for everyone. It featured a rotating sequence of terms under the phrase “Base

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Ethereum’s planned blob increases insufficient to sustain L2 transaction growth

Ethereum’s planned blob increases insufficient to sustain L2 transaction growth

Ethereum (ETH) must address its scalability constraints to sustain the growth of layer-2 (L2) networks and avoid future transaction bottlenecks, according to The DeFi Report.  The firm said in a recent report that as L2 networks scale user adoption and transaction throughput, competition for Ethereum’s limited blob space could increase costs and undermine the network’s

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Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch

Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch

Coinbase-backed Layer-2 network Base is under fire from the crypto community after promoting a so-called “Content Coin” that lost nearly all its value shortly after launch. The controversy began on April 16 when Base shared a tokenized version of its “Base is for Everyone” post on Zora, a decentralized content-sharing platform, through its official X

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Scroll co-founder argues taxing layer-2 networks is threat to Ethereum’s values

Scroll co-founder argues taxing layer-2 networks is threat to Ethereum’s values

Ye Zhang, the co-founder of Ethereum layer-2 network Scroll, has pushed back against calls for Ethereum to impose fees on layer-2 networks. Zhang argued in a detailed social media post on April 2, that the proposal was harmful to Ethereum’s long-term vision. He called it a “toxic” approach that prioritizes short-term revenue over lasting ecosystem

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