Layer-2

A Layer-2 is a secondary framework or protocol built on top of a blockchain (like Ethereum) to improve its scalability and transaction speed without altering the underlying network.

Why it’s in the news: Layer-2s are in the news due to significant events like network shutdowns, security exploits, and their performance during market volatility.

Latest on Layer-2

• Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
• Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade
• Bitcoin’s complexity paradox: How layer-2 scalers became AI's main target
• Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives
• Bitcoin layer-2s face a bear-market reality check
• Layer-2 and DeFi tokens lead broad crypto advance

Connections

3 entities linked to Layer-2 across the news graph.