A biweekly update on Layer 2 protocols, 6th March — 20th March
TL;DR
- The sum of all funds locked on Ethereum converted to USD is $6.88 B at the time of writing.
- Arbitrum One & Nova moved to on-chain DAO governance with 9 of 12 security council (for emergency updates), token airdrop next week with 12.75% for users and 1.13% for Protocol Guild & DAOs with treasuries on Arbitrum; Arbitrum Orbit announced: permissionless creation of L3s. Recently, Arbitrum’s proposal to reduce the challenge period for optimistic rollups, uses Proof of Stake discrete slot times to detect possible forking censorship (block filtering). The Arbitrum DAO is live on Tally. AMAs: Arbitrum Orbit — L3 Chains for All. Arbitrum x Nansen AMA. Nitro Deep Drive AMA. Prysm Deep Dive. Gov Contract Deep Dive AMA.
- Covalent adds support for Arbitrum Nova to help unlock social & gaming use cases.
- Optimism’s Path to Technical Decentralization: OP Labs published a dev blog post updating the community on its strategic approach to technical decentralization. OP in Denver: Rollup Recap. Privacy Pools v0: live on Optimism, non-custodial mixer with opt-in/opt-out anonymity sets, unaudited, experimental. OP Radio #23: The Uncommon Mark Tyneway.
- Tech Update — February 2023: Some highlights of Metis February progress of L2 development. DAOtribution: Grants Campaign for New DACs: Listen to this episode from The Weekly Wisdom on Spotify. A proposal for the deployment of Aave V3 on Metis Andromeda mainnet is now live.
- BOBA can now be accepted as payment and donation: NOWPayments is Boba Network’s newest ecosystem partner. NOWPayments as a subset of NOW Solutions, “BOBA will now be available as a payment, donation, and payout option for all businesses that use NOWPayments.” Parallel Execution of Transactions: The research in this article is provided by Enya Labs as part of their contributions to Boba Network. Katana Inu & Boba Network Collab to Improve Blockchain Gaming.
- Aztec: sunsetting Aztec Connect to focus on their zkEVM rollup. The Time NounsDAO Got Private Voting: Aztec x Aragon bring private on-chain voting to Nouns. Twitter Space: Private Voting Research Roundup with The Verbs Team | The Noun Square.
- Polygon zkEVM: results of Hexens’ security audit: Polygon is making available the findings from the first security audit of Polygon zkEVM — which has spanned four months and has examined every component of the tech-stack. ‘Polygon zkEVM: The Infinite Scaling Machine’. Coming to Polygon zkEVM: Polygon wallet suite. AQUA to build better gaming onramps to Web3 on Polygon. 4:33 Creative lab taps Polygon for debut of new Web3 gaming venture. Smart contracts are neither smart, nor contracts. Polygon’s policy chief on jargon and pushing ahead.
- Join Scroll in Discord for its first community call of 2023 to discuss a range of topics including a recap of our week at Ethereum Denver, the deployment of our Alpha testnet on Goerli, and much more. When: March 20th, 9:00pm EDT. Join Scroll ZK Circuit Engineer Mason Liang as he walks through how to get started building ZK circuits in the halo2-ce environment. ETHDenver was a blast. Scroll had 55 submissions compete for $16,000 in bounties. Here are the winners.
- STARK: Endgame: At StarkWare Sessions ’23, Eli Ben Sasson showcased STARK tech’s potential for ensuring computational integrity in the blockchain. StarkWare’s StarkEx, Cairo, & Starknet drive scalability & security, aiming to make STARKs a public good. Explore the STARKs. Starknet alpha v0.11.0 will soon launch on Testnet, kicking off Cairo 1.0 and starting a 5–6 month transition period. The Mainnet upgrade will be subject to a governance vote, and community members can participate in shaping Starknet through voting on protocol changes. StarkNet Regenesis — The Plan. Starknet Foundation delegation for the first vote. 100M NFTs have officially been minted with StarkEx on Ethereum. Starknet London Meetup #2, Monday, March 27, 2023, 6:30 PM.
- Tollan Worlds and ImmutableX: Redefining the 2D Pixel-Art RPG Experience: Using Immutable’s powerful ZK-rollup technology, Tollan Worlds’ empowers players to mint and trade NFTs, gas-free at speeds of up to 9,000 transactions per second. Evermoon and ImmutableX: Building the Next Generation of Web3 MOBAs: Evermoon is a 5v5 3-lane multiplayer online battle arena (MOBA) game that seamlessly blends the PvP battlefield gaming experience with thrilling eSports competition and true player ownership. Illuvium Trading Rewards Spotlight. Roboworld to launch an NFT trading card game on Immutable and will be the first project to utilize the Immutable Passport. Immutable Keynote Event Livestream @GDC 2023.
- For this year’s Ethereum Denver hackathon, zkSync invited developers to build projects that use zkSync Era’s native Account Abstraction and introduce new developer tooling. Here are the winners. Emiliano Bonassi does an excellent job explaining web3 security best practices. Read more, and see the latest security thread. Twitter Space: Securing the Future of Web3.
- Fast withdrawal update: An update regarding Fast Withdrawals on dYdX. All funds remain safe and fully auditable on-chain. 0xcchan a contributor to the dYdX ecosystem discussed the recently published research on trading fee optimization.
- The first fiat Offramp on Loopring L2 has been announced. Introducing Loopring Wearables: Loopring Wearable NFTs are now on Loopring L2. As Loopring L2 continues to get a big influx of new users each week, please be sure to check out their knowledge base for all things Loopring L2.
- Tomorrow the rhino.fi team will be joined by the Indexcoop team to discuss how you can make the most of DeFi yield opportunities. rhino’s Arbitrum Charge event finishes. Over 4k bridge TXs and 2k frictionless X-Chain swaps made.
- Taiko L2 announces roadmap. Aiming for early 2024 mainnet launch.
- zkLend integrate Empiric Network for Artemis money-market price feeds.
- Shib launches the shibarium L2 testnet beta.
- Justin Drake: based (L1 sequenced) rollups, L1 proposers include rollup blocks as part of L1 blocks.
- Patrick McCorry: defining rollups both by the community and the validating bridge.
- Concept of multi-verifiers for validating bridges: increases security but at the expense of bridging cost.
- L2 stats. Check out how much it costs to use Layer 2.
Stats
- The sum of all funds locked on Ethereum converted to USD is $6.88 B at the time of writing.
How much does it cost to use Layer 2?
Optimistic rollups
Arbitrum One
- Arbitrum One & Nova moved to on-chain DAO governance with 9 of 12 security council (for emergency updates), token airdrop next week with 12.75% for users and 1.13% for Protocol Guild & DAOs with treasuries on Arbitrum; Arbitrum Orbit announced: permissionless creation of L3s.
- Recently, Arbitrum’s proposal to reduce the challenge period for optimistic rollups, uses Proof of Stake discrete slot times to detect possible forking censorship (block filtering).
- The Arbitrum DAO is live on Tally.
- Arbitrum Orbit — L3 Chains for All.
- Arbitrum x Nansen AMA.
- Nitro Deep Drive AMA.
- Prysm Deep Dive.
- Gov Contract Deep Dive AMA.
Projects based on Optimism’s codebase
Optimism
- Optimism’s Path to Technical Decentralization: OP Labs published a dev blog post updating the community on its strategic approach to technical decentralization.
- OP in Denver: Rollup Recap.
- Privacy Pools v0: live on Optimism, non-custodial mixer with opt-in/opt-out anonymity sets, unaudited, experimental.
- OP Radio #23: The Uncommon Mark Tyneway.
Metis Andromeda
- Tech Update — February 2023: Some highlights of Metis February progress of L2 development.
- DAOtribution: Grants Campaign for New DACs: Listen to this episode from The Weekly Wisdom on Spotify.
- A proposal for the deployment of Aave V3 on Metis Andromeda mainnet is now live.
Boba Network
- BOBA can now be accepted as payment and donation: NOWPayments is Boba Network’s newest ecosystem partner. NOWPayments as a subset of NOW Solutions, “$BOBA will now be available as a payment, donation, and payout option for all businesses that use NOWPayments.”
- Parallel Execution of Transactions: The research in this article is provided by Enya Labs as part of their contributions to Boba Network.
- Katana Inu & Boba Network Collab to Improve Blockchain Gaming.
Zero-knowledge rollups
Aztec
- Aztec: sunsetting Aztec Connect to focus on their zkEVM rollup.
- The Time NounsDAO Got Private Voting: Aztec x Aragon bring private on-chain voting to Nouns.
- Twitter Space: Private Voting Research Roundup with The Verbs Team | The Noun Square.
Loopring
- The first fiat Offramp on Loopring L2 has been announced.
- Introducing Loopring Wearables: Loopring Wearable NFTs are now on Loopring L2.
- As Loopring L2 continues to get a big influx of new users each week, please be sure to check out their knowledge base for all things Loopring L2.
Polygon
- Polygon zkEVM: results of Hexens’ security audit: Polygon is making available the findings from the first security audit of Polygon zkEVM — which has spanned four months and has examined every component of the tech-stack.
- ‘Polygon zkEVM: The Infinite Scaling Machine’.
- Coming to Polygon zkEVM: Polygon wallet suite.
- AQUA to build better gaming onramps to Web3 on Polygon.
- 4:33 Creative lab taps Polygon for debut of new Web3 gaming venture.
- Smart contracts are neither smart, nor contracts. Polygon’s policy chief on jargon and pushing ahead.
🚀Live on Polygon:
- Check out the latest Polygon integrations here.
Scroll
- Join Scroll in Discord for its first community call of 2023 to discuss a range of topics including a recap of our week at Ethereum Denver, the deployment of our Alpha testnet on Goerli, and much more. When: March 20th, 9:00pm EDT.
- Join Scroll ZK Circuit Engineer Mason Liang as he walks through how to get started building ZK circuits in the halo2-ce environment.
- ETHDenver was a blast. Scroll had 55 submissions compete for $16,000 in bounties. Here are the winners.
StarkWare
- STARK: Endgame: At StarkWare Sessions ’23, Eli Ben Sasson showcased STARK tech’s potential for ensuring computational integrity in the blockchain. StarkWare’s StarkEx, Cairo, & Starknet drive scalability & security, aiming to make STARKs a public good. Explore the STARKs.
- Starknet alpha v0.11.0 will soon launch on Testnet, kicking-off Cairo 1.0 and starting a 5–6 month transition period. The Mainnet upgrade will be subject to a governance vote, and community members can participate in shaping Starknet through voting on protocol changes.
- StarkNet Regenesis — The Plan.
- Starknet Foundation delegation for the first vote.
- 100M NFTs have officially been minted with StarkEx on Ethereum.
- Starknet London Meetup #2, Mon, Mar 27, 2023, 6:30 PM.
- Starknet Decentralized Protocol VII.
🚀Powered by StarkWare:
- A continually updated list of projects building on StarkNet.
zkSync
- For this year’s Ethereum Denver hackathon, zkSync invited developers to build projects that use zkSync Era’s native Account Abstraction and introduce new developer tooling. Here are the winners.
- Emiliano Bonassi does an excellent job explaining web3 security best practices. Read more, and see zkSync latest security thread.
- Twitter Space: Securing the Future of Web3.
- Raise open registration for the RaisePay wallet testnet on zksync Era.
- Celer Network adds support for cBridge and IM on zksync Era.
Projects build using StarkEx
dYdX
- Fast withdrawal update: An update regarding Fast Withdrawals on dYdX. All funds remain safe and fully auditable on-chain.
- 0xcchan a contributor to the dYdX ecosystem discussed the recently published research on trading fee optimization.
Validium
Projects build using StarkEx
rhino.fi (previously DeversiFi)
- Tomorrow the rhino.fi team will be joined by the Indexcoop team to discuss how you can make the most of DeFi yield opportunities.
- rhino’s Arbitrum Charge event finishes. Over 4k bridge TXs and 2k frictionless X-Chain swaps made.
- How does cross-chain yield farming work in crypto?
Immutable X
- Evermoon and ImmutableX: Building the Next Generation of Web3 MOBAs: Evermoon is a 5v5 3-lane multiplayer online battle arena (MOBA) game that seamlessly blends the PvP battlefield gaming experience with thrilling eSports competition and true player ownership.
- Tollan Worlds and ImmutableX: Redefining the 2D Pixel-Art RPG Experience: Using Immutable’s powerful ZK-rollup technology, Tollan Worlds’ empowers players to mint and trade NFTs, gas-free at speeds of up to 9,000 transactions per second. ImmutableX will also provide users with a seamless and safe trading experience leveraging the battle-tested security of the Ethereum blockchain. To drive more awareness and liquidity to Tollan Worlds’ ecosystem, all its assets will be distributed across all ImmutableX-integrated marketplaces.
- Illuvium Trading Rewards Spotlight: The next Partner Spotlight featuring a world-class game built on Immutable — Illuvium.
- Roboworld to launch an NFT trading card game on Immutable and will be the first project to utilize the Immutable Passport.
- Immutable Keynote Event Livestream @GDC 2023.
MISC
- Justin Drake: based (L1 sequenced) rollups, L1 proposers include rollup blocks as part of L1 blocks.
- Patrick McCorry: defining rollups both by the community and the validating bridge.
- Concept of multi-verifiers for validating bridges: increases security but at the expense of bridging cost.
That’s all for today! Your feedback is highly appreciated! Let us know what you think about the format & content.
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