Layer 2 Scaling

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$LRC is Set for Incredible Growth in 2021

11 Feb 2021 4 minute read 8 comments CryptoChartWizard91

If you are looking for a project that is set up for some incredible growth this year, then I have the perfect one for you to look into. As you may know, Ethereum transaction fees have started to go through the roof. We thought they were pretty expens...

Loopring Delivers Free and Instant Payments on Ethereum

8 Jun 2020 1 minute read 1 comment Abhimanyu Krishnan

The Loopring (LRC) team on June 6 announced that it had released Loopring Pay, a free and instant payment service on the Ethereum (ETH) blockchain. The new feature comes courtesy of the zkRollup protocol that Loopring had been working on, which great...

Ethereum as layer 2 solution for Bitcoin

17 May 2020 2 minute read 6 comments paragism

Cover Image Source Bitcoin’s third halving happened a few days back. Bitcoin block mining reward got reduced from 12.5 BTC to 6.25 BTC. Bitcoin’s transaction fees are already high and with the inflation reduction, the mining fee to process the transa...

zkRollups Explained - Slashing fees to $0.003 per trade with Loopring

12 May 2020 2 minute read 5 comments Li_KungFu

The latest scaling innovation to be realized on Ethereum 1.0 is zkRollups, a sophisticated layer-2 scaling solution that increases scalability through the bundling of transfers into a single transaction. zkRollups, (‘Zero-Knowledge’ Rollups), increas...

Elastos Solves Ethereum’s Scalability Issues

26 Mar 2020 4 minute read 0 comments PNin

  While projects like Ethereum are working on solutions galore and have roadmaps 1-2-3 years down the road, Elastos has already come up with a scaling solution via its unique side chain infrastructure and Carrier network amongst other features. And,...

Lightning Network: It Isn't Just for Bitcoin Anymore

4 Feb 2020 4 minute read 0 comments BitcoinGordon

If you follow the world of cryptocurrencies on a regular basis, you've likely heard of the Lightning Network. Still, many are unaware of what it is, what it does, or why it is relevant. It's been around for more than a split second, so in crypto term...

Matic Network |Ethereum blockchain Layer 2 Scaling Solutions for Web 3 Dapps |Why 250 000 TPS?

2 Jan 2020 4 minute read 3 comments Perry1

There has been much talk of scaling solutions for Ethereum. Much publicity has been given to scaling solutions such as Optimistic Rollup and ZK rollup and to a lesser extent to Matic Network which is a layer 2 network on the Ethereum Blockchain. It i...