Polygon

Layer 3 networks, as discussed by Vitalik Buterin, offer potential cost-saving benefits but do not inherently enhance throughput. Buterin suggests exploring lighter alternatives to achieve similar cost reductions. The debate around classifying L3 and L2 networks remains open, highlighting the evolving nature of the ecosystem. Polygon CEO Marc Boiron presents contrasting views, sparking discussions within the crypto community. Despite the presence of key players like Orbs and zkSync Hyperchains, the L3 ecosystem remains relatively small. Overall, while L3 networks hold promise, ongoing discussions underscore the complexities and uncertainties surrounding their implementation and impact.

The ongoing debate sparked by Polygon CEO Marc Boiron's assertion that Layer 3 networks diminish Ethereum's value highlights contrasting perspectives within the blockchain community. Boiron contends that consolidating Layer 3 onto Layer 2 risks Ethereum's security and value, while others argue for the unique benefits Layer 3 offers without undermining Ethereum. Technical discussions, concerns about centralization, and the importance of differentiated functionalities add complexity to the discourse. As stakeholders navigate these complexities, the future of Layer 3 networks remains uncertain, with implications for Ethereum's scalability and ecosystem development.

OSHI Token's integration into BITPOINT expands access for Japanese investors and enhances engagement in OSHI3-related activities, fostering a global community of anime enthusiasts empowered by blockchain technology.

Reddit is fully embracing cryptocurrencies like Bitcoin and Ether, gradually accumulating them since 2022 as revealed in its IPO filing. This strategic move signals Reddit's commitment to exploring innovative financial avenues and its belief in the potential of blockchain technology.

Fuse Network plans to adopt Polygon's CDK for Ethereum Layer 2, highlighting the CDK's growing influence in blockchain technology.

Launched since 2022, Wind.app has facilitated a annualised gross transaction volume (GTV) exceeding $3 million.

This surge in network activity resulted in a spike in transaction costs, soaring to over 7,000 Gwei (up from 100 Gwei the previous day) before stabilising around at the lowest point at 400 Gwei, according to Polygonscan.

From his childhood living in a ghetto on the east bank of the Yamuna River in Delhi to launching the $6-billion Polygon blockchain, Sandeep Nailwal has an incredible rags-to-riches tale.

After guiding Polygon through a transformative six-year journey, co-founder Jaynti Kanani has recently announced a shift in his role away from daily operations.

Collectors were able to use either fiat currency or USDC to purchase these NFTs and NFT packs.