Ethereum mainnet hits record-breaking 32B weekly gas expenditure

Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gas — a year-on-year increase of 22.8% — to validate transactions and activate bridges between Jan. 9 and Jan. 15, according to Dune Analytics data. Source: Dune Analytics Optimism (OP) contributed around 50% of the gas spent — with a seven-day moving average of … Read more

Guide: How to use the GameStop Wallet

Loopring’s zkRollup is designed to hyper-scale DeFi and NFTs while maintaining the same security guarantees as Ethereum L1. To navigate this large and growing Loopring ecosystem, a web-based wallet is needed more than ever. Providing self-sovereignty and financial freedom through a non-custodial wallet will truly help bring power to the players. Introducing GameStop Wallet, the … Read more

Polygon proposes UNI integration, ready to allocate “significant amount of capital”

Increasing adoption along with a burst in DeFi activity has led to cryptocurrency transactions being at an all-time high. This has inadvertently resulted in the congestion of the most popular network, Ethereum. This has in turn led to the rise of layer-2 scalability solutions such as Polygon that offer lower transaction time and cost. Naturally, … Read more

Polygon Research: Ethereum Scaling Framework

Overview Since the launch of Ethereum in July 2015, and after the network started seeing considerable network effects, the focus of the Ethereum community and other core developers around the world shifted to scaling. But what is Scaling? As transactions on Ethereum, the global supercomputer rise, users send out txns with higher gas fees in … Read more

Loopring is Growing

Daniel Wang Jul 22 · 6 min read And so is our team! We’re thrilled to announce six new hires. Loopring has been hiring for positions in community, growth, market making, and backend development. This should signal the intention for a heavy focus on marketing, providing deeper liquidity to the rollup, and relayer enhancements moving … Read more

zkSync 1.x: Swaps, NFTs, event system, and permissionless token listing

Testnet available now! Closely followed by Regenesis (important!) on Mainnet at the end of May. astarinmymind May 24 · 2 min read NFTs and Swaps on Testnet Calling all developers! Try out NFTs and Swaps on our Rinkeby-beta and Ropsten testnets today! Functionality includes: swap ERC-20 tokens, mint, transfer, and swap NFTs, withdraw NFTs to … Read more

Keeping Funds Safe: a 3-Factor Approach to Security in zkSync 2.0

Security by Isolation and Redundancy, Trust-Minimized Upgradability, and the Introduction of zkSync’s Security Council Matter Labs May 21 · 6 min read “Only the paranoid survive.” — Andy Grove, CEO of Intel As we prepare for the launch of NFTs, swaps, zkEVM, and an exponential increase in users and capital flow into zkSync, we find … Read more

Loopring L2 Liquidity Mining: Round 8

Leila Lin May 12 · 3 min read L2 Liquidity Mining Round 8 1. AMM: Liquidity Mining The following AMM pools will support liquidity mining: This round starts at 00:00 UTC on May 13, 2021, and lasts for 13 days. We take random snapshots of the relevant AMM pools several times per day to calculate … Read more

zkPorter: a breakthrough in L2 scaling

Ending the debate between ZK and optimistic rollups Matter Labs Apr 13 · 6 min read A mass migration to Layer 2 is about to take place. As protocols move from the Ethereum base layer to optimistic rollups and EVM-compatible zkRollups, many hope we’ll finally make on-chain fees manageable. But everyone working on Ethereum scaling … Read more