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Crypto users have continued to send funds to the apparent honeypot scam, even with many warnings they won’t be able to transfer any of it.
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Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and efficiency.
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Crypto exchange OKX finally opened its Ethereum layer-2 network X Layer mainnet to the general public on April 15.
The scaling solution’s testnet was launched in November 2023 to much acclaim and was built with Polygon’s Chain Development Kit (CDK).
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website.
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More memecoins might also mean more scams.
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Polygon’s CEO Marc Boiron emphatically stated that the layer-2 network was not considering developing layer-3 protocols because of the potential risks they pose to Ethereum’s security.
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The Ethereum layer-2 network, Base, has witnessed a remarkable surge in assets locked, soaring by approximately 200% over the last month to over $3 billion, according to L2beat data.
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What is CryptoSlate Alpha?
A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›
Connected to Alpha
Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.
Base, a layer 2 scaling solution for Ethereum, says that it will support EIP-4844 as soon as the Dencun upgrade is deployed.
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Uniswap Labs, the developer behind one of the top decentralized exchanges (DEX), Uniswap, notes that the number of users leveraging its platform on Optimism and Base has more than doubled in the last year.
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