Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the ...

One point in the evolution of blockchain technology is the emergence of layer 2 solutions. They solve the most burning problems of scalability, speed, and cost without giving way on decentralization ...

When the concept of blockchain technology was introduced to the world back in 2009 with Bitcoin (BTC), the primary focus was on providing a decentralized and secure distributed database technology ...

State channels form one of the staples of Layer 2 crypto innovation: the practical and efficient layer through which scalability challenges facing blockchains can be overcome. They are how blockchains ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Layer 2 solutions are protocols or technologies that are developed on an already existing ...

The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

Why are modular Ethereum Layer-2 scaling solutions best-suited for Web3 developers wanting an efficient and low-fee environment. Arguably the most popular blockchain amongst developers building ...

I am old enough to remember when alternatives to the slow, clunky and costly Ethereum ETH blockchain would take its near 100% market share away. It was a little over two years ago. A lot has happened ...

Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs associated with transactions on layer 2 solutions that batch and compress transactions before sending them to ...

Offchain Labs Inc., the developer of the Ethereum blockchain scaling solution Arbitrum, announced today that it will airdrop, or give away for free to select people ...