Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
The new Ethereum layer-2 network’s debut adds to the competition among rival providers of so-called “zkEVMs,” including Polygon and Matter Labs.
The new Ethereum layer-2 network’s debut adds to the competition among rival providers of so-called “zkEVMs,” including Polygon and Matter Labs.
Amidst the challenges posed by the crypto winter, Ethereum layer-2 developers such as OP Labs, Polygon, and Matter Labs are competing for contracts within the Celo blockchain’s new network, where customer demand is limited, leading to layoffs at major firms.
Rather than attempting to disrupt banks and other traditional payments systems, these high-profile blockchain developers are looking to court their business.
The developer’s OP Stack software, the blueprint for Coinbase’s new Base blockchain, had been criticized for the lack of a crucial security feature – likened to driving a fast car without airbags.
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Users can also send SMR tokens (and in the future NFTs and custom Native Assets) to the ShimmerEVM through Firefly.
Google’s cloud-computing business has stored historical veri on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.
Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.
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