layer 2

Decentralized blockchain network Interlay announced the release of its Minimum Viable Product of Build on Bitcoin. Interlay co-founder and CEO Alexei Zamyatin discusses the new Bitcoin layer 2 network, sharing insights into the implications for the bitcoin community and the wider crypto ecosystem.

1. Sept. 2023

Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant. A decline in total fees paid indicates low network usage, but could point to a rise in popularity of Ethereum layer 2 scaling solutions. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

28. Aug. 2023

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Base, Coinbase’s layer 2 blockchain, officially opens to the public. Rep. Maxine Waters (D-Calif.) vocalizes her concerns about the launch of PayPal’s stablecoin. And, a new crypto show aims to capture mainstream attention by taking inspiration from popular TV broadcasts like "The Apprentice" and "Shark Tank."

9. Aug. 2023

During CoinDesk's "Projects to Watch 2023" week, Arkham founder and CEO Miguel Morel discusses the importance of on-chain analytics for the transparency of the crypto space. Morel also weighs in on why a lot of on-chain activities are beginning to move toward layer 2s.

18. Apr. 2023

The interest in ether trading comes ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Shapella will allow investors to withdraw their ether staked on the Ethereum blockchain. Runa Digital Assets Chief Operating Officer Max Williams discusses what to expect from Shapella, sharing insights into ether's supply since the Merge, ETH staking yield outlook, and Layer 2s like Arbitrum and Optimism.

6. Apr. 2023

TBD, a division of Jack Dorsey's financial-technology company Block, has launched a new business entity named “c=” that focuses on improving liquidity and routing on the Lightning Network. CoinDesk Editor at Large Christie Harkin breaks down its significance to Bitcoin’s layer 2 scaling system.

3. März 2023

The price of Stacks' native STX token has jumped in the last two weeks as prominent crypto investment funds turn to tokens of the so-called layer 2 companion chain for smart contracts focused on Bitcoin. Trust Machines CEO and Stacks co-founder Muneeb Ali shares his insights and gives his take on the Bitcoin Ordinals movement.

28. Feb. 2023

Bitcoin (BTC) failed to recapture the $24,000 support level following the release of the personal consumption expenditure (PCE) index, also referred to as the Fed's favorite inflation gauge. Plus, crypto exchange Coinbase’s new layer 2 blockchain Base had a rough start on Thursday, drawing a stream of complaints from users on social media.

24. Feb. 2023

The long-awaited Ethereum Merge has been completed early Thursday morning, shifting the network from proof-of-work to proof-of-stake. Polygon co-founder Sandeep Nailwal joins “First Mover” to discuss what the upgrade means for layer 2 protocols like Polygon. Plus, a conversation around scaling solutions and energy consumption.

15. Sept. 2022

THNDR Games CEO & Co-founder Desiree Dickerson discusses building play-to-earn games like SATSSS and Thunder Bay on the Bitcoin blockchain using the layer 2 Lightning Network. Dickerson explains the emphasis on mobile gaming for mass adoption and why the company has seen sizable popularity in Central and South American markets. 

25. Apr. 2022