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Showing posts with the label layer

First-ever ICO on Bitcoin excels as Marathon Digital reveals new layer-2 network

Marathon Digital has unveiled two sidechains on Anduro, the new multi-chain layer-2 network on Bitcoin. Bitcoin Dogs ($0DOG), the first-ever BRC-20 ICO, has surpassed $5.4 million amid massive industry attention. $0DOG presale ends on March 15, 2024 Bitcoin’s appeal as a blockchain network continues to grow with the launch of various applications that tap into its security, decentralization and reliability. Marathon Digital, one of the leading crypto mining companies in the world, is advancing this development via Anduro, a new multi-chain layer-2 network on Bitcoin. Meanwhile, Bitcoin Dogs, a new crypto project for GameFi and NFTs, has attracted remarkable interest after it launched the first-ever ICO on the Bitcoin blockchain. Marathon Digital unveils first sidechains of new Bitcoin layer-2 network According to Marathon Digital, while Bitcoin’s strengths as a network would be appealing to any developer, its current functionality may not. T...

Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said. Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to Ethereum. Canto is a permissionless general-purpose blockchain, which is Ethereum Virtual Machine (EVM)-compatible with aims to onboard the traditional financial sector to decentralized finance applications. Upon an official agreement reached by Canto Commons — a framework where contributors coordinate ideas and solutions to the protocol — its core developers will build a ZK rollup on Ethereum’s second layer, Polygon Labs explained on Sept. 18: “By leveraging a shared ZK bridge, Canto will eventually tap the liquidity of a unified Polygon ecosystem with easy access to Ethereum.” Polygon Labs said Canto will “inh...