Quick Reads and Hot Links Covering the People and Projects Who Are Scaling Ethereum
Dear Frens,
Welcome to the vanguard of layer 2 innovation! Today, we embark on a journey through the latest developments reshaping the landscape of blockchain scalability. From groundbreaking solutions to emerging trends, join us as we explore the ever-evolving world of layer 2 protocols. StarkWare, the primary developer firm behind the layer 2 blockchain Starknet, unveiled plans on Wednesday for its Zero-Knowledge rollup, designed to seamlessly integrate with the Ethereum ecosystem. This implementation, known as a zkEVM named Kakarot, is currently undergoing testing and will soon be accessible through Starknet’s Stack which is a set of software tools that make it easier for developers to spin up their own customized application-specific chains. Meanwhile, as at the time of writing, Ethereum’s layer 2 tokens, including Arbitrum (ARB), Optimism (OP), and Starknet (STRK), witnessed significant price surges, with ARB rising by 20%, and OP, STRK doing over 10% as well. These gains can be attributed to the recent approval of Spot ETH ETF and we might see more movements in the market over the coming days and weeks. As we look into this week's exploration of layer 2 advancements, the horizon of blockchain scalability appears to be brighter than ever. Be sure to keep exploring, keep innovating, and keep pushing the boundaries of what's possible in the decentralized world.
Contributors: Ritaakubue, Melasin, anointingthompson1, jengajojo, Tonytad, Boluwatife, Kornekt, WinVerse
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