The project aims to offer a low-cost data availability solution and will be competing with other solutions developed by Celestia and EigenDA.

TON Applications Chain will allow Ethereum developers to access the TON ecosystem. The project is backed by The Open Platform (TOP) labs, which co-built Notcoin and Wallet earlier.

The standard is designed to streamline cross-chain transfers and swaps across the Ethereum network.

The L2 Ethereum scaling solution has just started an airdrop. Early adopters hope to receive significant incentives as the network moves to further decentralization.

After launching the inaugural character NFTs on Ethereum mainnet, video game giant Square Enix has shifted to layer-two Arbitrium to mint the 1500 characters of the second chapter of Symbiogenesis.

With initiatives like Sequencer Fee Sharing, Mode Network has established a cooperative environment that rewards contributions, greatly encouraging user and developer participation.

Adding to the hype from ETH ETF expectations, Vitalik Buterin explains how Ethereum’s Layer 2 networks function like shards, effectively advancing the blockchain’s scalability ahead of the official sharding rollout planned for 2025.

We are in the middle of the “Build Your Own Layer 2” trend. Worldcoin, Sony, and crypto exchanges are making a lot of noise about decentralization and innovation being primary motives. But read between the lines, and fees are a big factor too.