Linea, a Layer 2 zkEVM rollup backed by Consensys, recently dropped a detailed protocol proposal focused on decentralizing its network. The proposal, named “Towards Linea’s Decentralization,” was introduced by Florian Huc, a software architect at Linea. The document outlined how the network will transition to a permissionless system and establish
As 2024 continues to see positive developments in the crypto space, zkSync, a prominent Ethereum Layer 2 scaler by Matter Labs, has made a significant announcement—plans to airdrop nearly 3.68 billion ZK tokens next week. According to the distribution plan, 89% of the airdrop will be allocated to zkSync users
Cronos Labs, the pioneering force behind the Cronos ecosystem, has unveiled its latest leap into the realm of web3 innovation with the launch of the Cronos zkEVM testnet blockchain network. This layer-2 network, introduced on the Ethereum Sepolia testnet, marks the dawn of a new era in second-tier projects that
Ethereum is consistently making headlines. However, an often-overlooked component substantially contributes to the sidechain network, Polygon. As per reports, Polygon’s Proof of Stake (POS) mechanism is advancing rapidly, with imminent plans to upgrade to a Zero-Knowledge Validium. Significantly, the Total Transactions per Second (TPS) of the Ethereum ecosystem has reached
PancakeSwap, the popular decentralized exchange (DEX), has launched on the Polygon zkEVM blockchain in an exciting move for the crypto universe. This marks PancakeSwap’s fourth integration, following successful launches on the BNB Chain, Ethereum, and Aptos. 🤝 PancakeSwap is now LIVE on @0xPolygonDeFi zkEVM, unlocking a new era of Multichain
In a significant stride towards optimizing Ethereum scaling and driving liquidity growth in the zkDeFi ecosystem, the Balancer protocol has announced its deployment on Polygon’s zkEVM. This move strengthens the DeFi experience on Polygon, creating a seamless and interconnected user environment. Strengthening a seamless, interconnected, and enhanced DeFi experience #onPolygon@Balancer
Polygon’s zkEVM Beta has achieved a significant milestone, as it now boasts an impressive count of 100,000 unique wallets. This accomplishment is a testament to the platform’s growing popularity and the increasing adoption of its technology. Polygon zkEVM Beta has reached 100K unique wallets👀 pic.twitter.com/LGwbK25s3b — Narb (@NarbTrading) June 12,
In a recent development, Horizon, the creators of Sequence, have announced a strategic alliance with Polygon Labs. It is a growth and development team focused on advancing the Web3 ecosystem. This partnership aims to revolutionize the infrastructure of Web3 by offering developers a comprehensive suite of tools and resources. Polygon
Polygon’s zkEVM, the Zero-Knowledge Ethereum Virtual Machine, has witnessed an extraordinary surge in Total Value Locked (TVL) and transaction volume, signaling remarkable growth for the network. This surge brings forth several significant advantages, including reduced fees and accelerated adoption of decentralized finance (DeFi) protocols. Growth and transaction volume on Polygon
On March 27, Polygon launched zkEVM Mainnet Beta, enabling their first transaction done by Ethereum’s co-founder sending 0.005 ETH. Earlier today, Polygon zkEVM is supported on one of the Coinbase products, Coinbase Wallet. Congrats to the @0xPolygon team for this big web3 innovation! 👏 Polygon zkEVM is supported on Coinbase
