Layer2

Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase

Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase

Top crypto exchanges Binance and Coinbase will temporarily pause Ethereum (ETH) deposits and withdrawals in preparation for the network’s upcoming pectra upgrade. Binance stated that ETH and tokens on Layer 2 networks like Arbitrum, Optimism, Base, Scroll, Worldcoin, and zkSync will be affected. The exchange pause starts at 09:45 (UTC). The exchange furthered that while […]

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Vitalik Buterin highlights risk of weak proof systems in Ethereum Layer-2 rollout

Vitalik Buterin highlights risk of weak proof systems in Ethereum Layer-2 rollout

Ethereum co-founder Vitalik Buterin has warned that Layer-2 networks should only transition to full decentralization when their underlying proof systems are highly reliable. In a May 5 post shared on X (formerly Twitter), Buterin emphasized that advancing to “stage 2″ of decentralization must be accompanied by solid technical safeguards to avoid introducing unnecessary risks. He

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Base becomes 10th L2 network to reach at least Stage 1 decentralization

Base becomes 10th L2 network to reach at least Stage 1 decentralization

Base has reached “Stage 1 Decentralization” by introducing fault proofs and a decentralized Security Council to its network structure, the layer 2 blockchain announced in a blog post on April 29. Fault proofs allow any participant to propose or challenge claims about Base’s state, with open-source challenger software and financial incentives supporting permissionless dispute resolution. 

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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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