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Understanding the Contrasts Between Layer 1 and Layer 2 Networks

Althea Burnett3 years ago4 min read

Layer 1 and Layer 2 Networks: Understanding the Differences If you’re involved in the crypto world, you’ve probably heard of Layer 1 and Layer 2 networks.…

The official launch of DYdX Chain on mainnet as a standalone Cosmos Layer 1

Theon Barrett3 years ago3 min read

The Launch of dYdX Version 4 and the dYdX Chain dYdX, the leading decentralized derivatives platform, has released the “alpha mainnet” for its version 4, along…

Emerging from Stealth, Initia Secures Pre-Seed Investment from Binance Labs for Layer 1 Project

Theon Barrett3 years ago2 min read

A New Layer 1 Network, Initia, Receives Pre-Seed Investment from Binance Labs A group of developers working on a Layer 1 network called Initia has come…

Fintech Plaid Collaborates with Sei Labs Following Layer 1’s Debut

Theon Barrett3 years ago2 min read

Plaid Partners with Sei Labs to Boost Blockchain Adoption Fintech giant Plaid has joined forces with Sei Labs, the company behind an open-source software for the…

Public Testnet Launch of Layer 1 Blockchain Utilizing USDC for Gas Fees

Theon Barrett3 years ago2 min read

Burnt Launches Public Testnet for Xion Blockchain Burnt, a Web3 developer, has announced the release of its public testnet for Xion, a Layer-1 blockchain that will…

Namada, a Layer 1 Privacy Network, Plans Airdrop as Team Initiates Incentivized Testnet Launch

Cyrus Dailey3 years ago3 min read

Namada Launches Initiatives to Boost Platform Adoption Namada, a multi-chain privacy network, has announced several initiatives to enhance its platform during the Cosmoverse 2023 Conference in…

Layer 2 Solutions for Ethereum Outpace Leading Layer 1 Protocols in Locked Value

Blount Charleston3 years ago3 min read

Top Ethereum Layer 2 Solutions Outperforming Competing Blockchains Leading Ethereum Layer 2 solutions, including Arbitrum, Optimism, and BASE, have surpassed prominent Layer 1 blockchains like Solana…

Vote on dYdX Chain Upgrade and DYDX Token as Layer 1 Token

Theon Barrett3 years ago2 min read

The dYdX Community Votes on Governance Proposal to Upgrade Protocol and Introduce DYDX as Layer 1 Token The dYdX community is currently voting on a governance…

Sei Labs Launches Layer 1 Blockchain with Backing from Jump Crypto and Flow Traders

Cora Skindell3 years ago2 min read

The Launch of Sei Blockchain and SEI Token Sei Labs has announced the launch of its layer 1 blockchain, Sei, after a successful testnet phase. The…

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