Over the course of the past week at Ethereum Scaling Solutions, a greater number of users have moved from Blockchain Layer 1 to Layer-2s. Here is a recap of the Ethereum Weekly Ecosystem.
- Ethereum & Layer-2s On-chain Data Highlights
- StarkNet Mainnet alpha upgraded to v0.10.2.
- Coinbase Wallet integrates Optimism Goerli ETH directly into their wallet
- Phantom Wallet now supports Ethereum and Polygon
What should we do now that the crypto market is extremely bearish?
Ethereum & Layer-2s On-chain Data Highlights
Both the Layer-2s and Ethereum ecosystems showed signs of a slight expansion over the past week, as measured by data indicators such as the number of active addresses and the total value of Ethereum that was locked up in L1.
These increases were observed in both of the ecosystems. Although it is anticipated that the cryptocurrency market will experience a number of ups and downs in the future, the creator of the cryptocurrency will always keep a stable state in order to continue making contributions to society and creating new things.
Weekly Highlight News
StarkWare has announced that StarkNet Mainnet alpha upgraded to v0.10.2
Mainnet launched StarkNet almost a year ago. They started building StarkNet by focusing on functionality. Now, they improve performance with a series of steps to improve StarkNet.
Expect an improved TPS in the upcoming StarkNet versions.
• Sequencer parallelization – already deployed on Mainnet!
• A new rust implementation for the Cairo VM
• Sequencer re-implementation in rust
Coinbase Wallet integrates Optimism Goerli ETH directly into their wallet
Coinbase’s non-custodial wallet service will begin offering support for Ethereum scaling project Optimistic Ethereum’s testnet, according to an announcement by Optimism, the startup behind the project.
It’s the first tie-up between a popular wallet service and an Ethereum “Layer 2” project based on a technology called Optimistic Rollup.
Optimistic Rollup is a scaling approach that uses cryptography to reduce the amount of data that must be processed by the main blockchain, generally by doing most of the computation off-chain.
Starting today, Wallet users will be able to view their balances and send transactions using Optimism’s testnet “safely and securely”
Phantom Wallet now supports Ethereum and Polygon
Phantom users will now be gaining access to a rich ecosystem of projects built on Polygon and Ethereum.
• The upgraded wallet will let users see all holdings and NFTs in one place.
• It will also allow connecting to dApps on $SOL, $MATIC, and $ETH.
In addition to safe storage, Phantom also brings cutting-edge security features such as Burn NFT to remove spam NFTs and automated warnings around probable malicious transactions. Phantom users will now be gaining access to a rich ecosystem of projects built on Polygon and Ethereum.
Additional Notable Events
Notable Threads of the week
- cygaar releases primer on how WETH works
- Aylo releases thread on how to keep your personal information private on Ethereum
- Donovan releases Building Back Better with OP Stack
Additional Ethereum News
- Metis announces LayerZero is official live on Metis Goerli Testnet
- Stargate announces new pools are now available
- Quix is working with Optimism on a seamless transition to open source
- Aave is now live on Aztec
- Hyperdrive – A next-gen L2 NFT exchange has announced that Airdrop to users of Quix and Stratos
Follow us for more updates on everything in the Ethereum ecosystem!
Solana Weekly Recap Week 42 (13/10 – 19/10)