The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
Layer2 news
A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain’s Dencun upgrade in March.
Bitcoin’s emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.
“Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst.
The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem.
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
The app chain promises faster and cheaper transactions and cross-chain interoperability, according to Uniswap.