Ethereum scaling solution Optimism today announced Bedrock, an upgrade that improves speeds and cuts costs for those that trade on the L2. Optimism is a rollup: a Layer 2 scaling solution that batches transactions on another blockchain, then feeds them back to Ethereum as a single transaction. Rollups enjoy the security of Ethereum’s mainnet while…

Accounting firm Ernst & Young and Ethereum scaling company Polygon has launched the mainnet beta of its rollup for businesses, Nightfall. Ernst & Young (EY), one of the ‘Big Four’ financial services behemoths, started work on Nightfall in 2019 to make its customers’ Ethereum transactions private. But the company was so swamped by Ethereum’s high…

Norway’s central bank is embracing Ethereum’s Layer 2 for its central bank digital currency (CBDC) pilot. On May 16, Nahmii, an Ethereum L2, announced it had been tapped by Norges bank to host the sandbox for the country’s national currency, the krone. Nahmii said in a statement that it will “build, maintain, and train Norges…

Ethereum Layer-2 Optimism is launching its $OP governance token with an airdrop for early adopters.

MakerDAO plans to deploy on StarkNet on April 28.

Investors Prep for New Proof of Stake Ecosystem

Layer 2 Arbitrum suffers 10 hour outage.

Ethereum co-creator Vitalik Buterin weighed in on NFTs, Layers 2s, and Ethereum 2.0 in a podcast.

Layer 2s are expected to drive efficiency across DeFi in 2022.

Layer 2 blockchains Arbitrum and Optimism got a boost from a new fait-to-crypto offering.