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layer 2

A C-17 Globemaster III from the 437th Air Wing, Charleston Air Force Base, S.C., air delivery pallets of water and food to Mirebalais, Haiti, Jan 21, 2010 to be distributed by the members of the United Nations. Department of Defense assets have been deployed to assist in the Haiti relief effort following a magnitude 7 earthquake that hit the city on Jan. 12, 2010. (U.S. Air Force photo/Tech. Sgt. James L. Harper Jr.)
Technology
Matter labs
ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $800M
The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.
A C-17 Globemaster III from the 437th Air Wing, Charleston Air Force Base, S.C., air delivery pallets of water and food to Mirebalais, Haiti, Jan 21, 2010 to be distributed by the members of the United Nations. Department of Defense assets have been deployed to assist in the Haiti relief effort following a magnitude 7 earthquake that hit the city on Jan. 12, 2010. (U.S. Air Force photo/Tech. Sgt. James L. Harper Jr.)
By Margaux Nijkerk
Jun 17, 2024 at 8:33 p.m. UTC
Jun 17, 2024
Matter LabsZksync eraZero knowledgerolluplayer 2airdrop
ZKsync will airdrop its ZK token "next week" (ian dooley/Unsplash)
Technology
Zk rollup
ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect
According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."
ZKsync will airdrop its ZK token "next week" (ian dooley/Unsplash)
By Margaux Nijkerk
Jun 11, 2024 at 7:00 a.m. UTC
Jun 11, 2024
Zk rollupZksync eraMatter LabsairdropAirdropsEthereumlayer 2Layer 2s
Optimism CEO Karl Floersch. (Optimism)
Technology
Optimism foundation
Optimism Finally Gets Its Mission-Critical 'Fault Proofs'
For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.
Optimism CEO Karl Floersch. (Optimism)
By Margaux Nijkerk
Jun 10, 2024 at 8:00 p.m. UTC
Jun 10, 2024
Optimism foundationOptimismrollupRollupslayer 2Ethereum
Ark (Greg Reese/Pixabay)
Technology
Bitcoin
Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor
Layer-2 protocol Ark is built to allow off-chain payments in a way that avoids what creator Burak Kecli referred to as "inbound liquidity" problem of Lightning.
Ark (Greg Reese/Pixabay)
By Jamie Crawley
Jun 4, 2024 at 1:00 p.m. UTC
Jun 4, 2024
Bitcoinlayer 2Lightning Network
Ethereum Name Service Founder Nick Johnson (ENS)
Technology
Ethereum
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZK Rollups
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2.
Ethereum Name Service Founder Nick Johnson (ENS)
By Margaux Nijkerk
May 28, 2024 at 1:00 p.m. UTC
May 28, 2024
EthereumENSMatter Labslayer 2domain name serviceEthereum Name Service
Fantom Foundation CEO Michael Kong (Fantom)
Technology
Fantom
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Fantom Foundation CEO Michael Kong (Fantom)
By Margaux Nijkerk
May 23, 2024 at 4:00 p.m. UTC
May 23, 2024
FantomSonicFunding Roundstokenlayer 1EVMBridgelayer 2
Lunar eclipse (Justin Sullivan/Getty Images)
Finance
Sexual assault
Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster
Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.
Lunar eclipse (Justin Sullivan/Getty Images)
By Sam Reynolds
May 16, 2024 at 5:48 a.m. UTC
May 16, 2024
Sexual AssaultSexual Misconductlayer 2
Celo Foundation President Rene Reinsberg (Celo)
Technology
Celo
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Celo Foundation President Rene Reinsberg (Celo)
By Margaux Nijkerk
May 10, 2024 at 4:30 p.m. UTC
May 10, 2024
Celocelo-foundationcLabsOptimismOptimism foundationlayer 2
Eclipse founder Neel Somani has stepped back as a "public face" for the company amid sexual misconduct allegations. (Andrew Gonzalez Photography
Finance
Sexual misconduct
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
Neel Somani, founder of Ethereum scaling chain Eclipse, said multiple sexual misconduct allegations circulating against him on X were "false."
Eclipse founder Neel Somani has stepped back as a "public face" for the company amid sexual misconduct allegations. (Andrew Gonzalez Photography
By Sam Kessler
May 9, 2024 at 10:10 p.m. UTC
May 9, 2024
Sexual MisconductSexual Assaultlayer 2Ethereum