Prepare Your Engines, Nitro is Imminent

Offchain Labs Aug 4 · 3 min read tl;dr — Arbitrum One is migrating to Nitro on August 31st! Prep and test your contracts now! Refer to the migration notes, and stay up to date via our Twitter and Discord. One week ago we carried out our migration of the Arbitrum Rinkeby testnet to Nitro. … Read more

New Görli testnet and getting Rinkeby ready for Nitro

Offchain Labs Jul 15 · 5 min read tl;dr — Our new Görli testnet for Arbitrum Rollup is now live, and we’ll be migrating our Rinkeby testnet to Nitro this month. Take time to make preparations, and get ready for Nitro! View the Nitro Migration notes here. See the new testnet info in our docs! … Read more

Understanding Arbitrum: 2-Dimensional Fees

Daniel Goldman Jun 30 · 3 min read During last week’s Arbitrum Odyssey, Arbitrum One experienced record levels of traffic. Some discerning users noticed something curious: as the price of L2 gas increased, the amount of L2 gas that a given transaction would use would actually decrease. This, it turns out, is the system working … Read more

ETH L2 network Optimism takes this route to remove ‘sybil attackers’

The Ethereum Layer 2 network Optimism launched a token and new governance model in April. The team is supposed to distribute the token via an entire season of airdrops. In fact, the team also saw it as a larger move toward a decentralized governance structure known as the (OP) Optimism Collective. Last year, the platform … Read more

Ethereum rollups promised lower fees and faster speeds, but instead we got…

Ethereum’s rollups were pitched as airlines and super highways to make transactions faster within the ecosystem and solve congestion problems. However, reality hasn’t quite panned out the way many rollup enthusiasts predicted it would. I want to speak to your manager! A Huobi Research report by Barry Jiang looked at some problems with rollups that … Read more

Up by 12.7% – Assessing why this L2 network’s on-chain activity shot up

The world’s largest altcoin, Ethereum, despite its sheer dominance, has faced a lot of criticism given its limited transactions per second (TPS). This has often contributed to a massive surge in gas prices thanks to network congestion. And, this is exactly where Layer 2 (L2) solutions enter the picture. Standing out On-chain activity for leading … Read more

Yearn launches its first Ethereum layer-2 service on Arbitrum

Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a tweet from Yearn’s Twitter account, the veteran DeFi … Read more

Removing whitelist brings Optimism ‘one step closer to truly open, optimistic’ Ethereum

Do you remember the day you took the training wheels off your bicycle? Maybe you liked them well enough, but knew it was time to move on. Now, an Ethereum rollup – or a Layer 2 solution for scaling transactions – is ready to take the same step. Glass half full Optimism, an Ethereum Virtual … Read more

Buterin lauds struggling yet biggest ETH L2 solution, Arbitrum’s efforts in the space

Arbitrum, the Ethereum L2 rollup is one of the first optimistic commercial solutions. It lowers costs and speeds up transactions on the Ethereum mainnet. Over the years, Arbitrum has done an excellent job in scaling Ethereum. At press time, it is the biggest Layer 2 solution on the Ethereum network and its growth in just four … Read more

L2 ecosystem crosses $5.5B in TVL thanks to Boba network’s 570% rise

Layer-1 and Layer-2 scaling solutions are two sides of the same crypto coin. Even though the former makes the base layer of a network, the latter (off-chain) plays a vital role. Mainly for protocol innovation and the ability to solve the bigger problems that the crypto community is facing. This paves a path for long-term … Read more