We were promised a scaling revolution. Layer 2s, Ethereum’s layer 2 saviors, ready to save Ethereum by providing billions of cheap and fast transactions to Ethereum’s billions of users. Remember the hype? The constant promotional push for every new chain that claims to be the answer? The figures are in,...
Bitcoin Hyper ($HYPER) is building up a lot of momentum fast. It’s a Bitcoin layer-2 solution that seeks to make Bitcoin a powerful and flexible network to power decentralized finance (DeFi), decentralized applications (dApps), and much more. With its presale approaching $2 million, Bitcoin Hyper aims to unlock new possibilities...
Botanix Labs has recently launched its Bitcoin layer-2 mainnet, protected by a decentralized federation of 16 non-custodial node operators. With this launch, new live applications like GMX and Dolomite are now fully using the Bitcoin network. Since going live on December 20, 2024, Botanix has successfully traversed more than 26...
Alright, now let’s discuss Botanix Labs and their Bitcoin Layer 2. Another Layer 2, you say? Yeah, yeah, I get it. The crypto space is filled with empty promises, vaporware, and enough hopium to tranquilize a mammoth. There’s just something about this one… it’s got a special chaotic energy. A...
Bitcoin, the original and undeniable monarch of the cryptocurrency realm, is frequently derided for its lack of utility. Even as bitcoin has become the world’s most efficient store of value, its promise as a foundational asset for decentralized finance (DeFi) has gone mostly unrealized. For nearly 10 years, Bitcoin has...
Botanix has officially launched its EVM-compatible Layer 2 (L2) solution, Botanix Network. This new offering makes an exciting, verifiably decentralized alternative available in the booming Bitcoin DeFi space. This comes in the wake of a successful $11.5 million raise last year, which Polychain Capital and Placeholder Capital joined, among others.The...
We've all heard the promises of DeFi: financial freedom, decentralized control, and yields that make your traditional savings account look like a joke. Let’s face it, for the average consumer, DeFi might as well be walking through a minefield with a blindfold on. Gas fees, unintuitive UX and the perpetual...
Okay, let's be honest. We've all been there. You find the perfect NFT. It’s a digital tapestry, a true virtuoso creation… or maybe just one of these cool memes. Then you see the gas fees. All at once, that “steal” of an NFT is now over the price of a...
Ethereum, the second-largest cryptocurrency network, is currently experiencing a scalability crisis. Unfortunately, this has meant that users have had to deal with exorbitant transaction fees and delayed processing times. Layer 2 solutions like optimistic rollups and special zkEVMs have been developed as a way to relieve these burdens with quicker,...
We've all heard the promises: Layer 2 (L2) solutions are here to save us from Ethereum's exorbitant gas fees and sluggish transaction speeds. Yet they are the key to unlocking mainstream adoption. They will enable Web3 and solve every single one of our scalability problems. Are they really?Let's be honest....
