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Ethereum’s network was outclassed by a layer-2 scaling solution in monthly transactions for the first time. zkSync processed more transactions than the Ethereum mainnet in the past 30 days, according to L2beat data. The network recorded 34.7 million transactions within a month, about 500,000 more than Ethereum, which handled 34.2 million in the same period.  Arbitrum’s network came third after zkSync and Ethereum with 31.4 million monthly transactions as of reporting time. Top 3 chains for Ethereum transactions | Source: L2Beat zkSync’s triumph marked the first time an L2 network surpassed Ethereum’s mainnet for monthly transactions . This was likely achieved thanks to the growing inscription trends from the Bitcoin network following developments by Casey Rodarmor and Domo, a pseudonymous blockchain builder. L2beat’s dashboard showed that zkSync saw its largest single-day transaction uptick on Dec. 16, the same day inscriptions were enabled on the L2 scaling network. ...

Layer 2 blockchain Manta Pacific has chosen to integrate Celestia’s modular data availability solution to reduce user transaction fees. The partnership aims to empower Manta with Celestia’s data availability sampling, enabling light nodes to verify data availability without downloading the entire block. Celestia underneath Manta Pacific becomes the first L2 to migrate to Celestia modular DA https://t.co/BkDE8EJh7b — Celestia (@CelestiaOrg) December 18, 2023 Kenny Li, co-founder and core contributor at Manta Network, expressed enthusiasm about the collaboration, stating, “We’re leveling up Manta Pacific by taking it to Celestia to benefit our users with a more cost-effective and secure network environment.” You might also like: Coinbase, others raise $78m for pro-crypto super PAC This decision mirrors a broader trend within the blockchain ecosystem, as other rollup projects, such as Polygon Labs and Arbitrum, also opt to integrate C...

Paradigm researcher Dan Robinson questioned Blast’s launch scheme, saying the VC firm doesn’t endorse ‘these kinds of tactics.’ Blast, a layer-2 network announced by Blur founder Tieshun Roquerre, is now facing criticism from its own backers after security experts raised concerns surrounding the network model following a rise to over $300 million in total value locked (TVL) in the protocol. There are a lot of components of Blast that I’m excited about and would be interested in engaging with people on. That said, we at Paradigm think the announcement this week crossed lines in both messaging and execution. For example, we don’t agree with the decision to launch the… — Dan Robinson (@danrobinson) November 26, 2023 Dan Robinson, a researcher at Paradigm, a crypto-focused venture firm, which backed Blast for $20 million, said in a recent X post the firm has been discussing its “concerns” with the Blast team, noting “there are still ma...

The Astar Network, a smart contract platform for multi-chain, announced the launch of its zero-knowledge (ZK) Ethereum layer-2 solution, zKatana, to enhance interoperability with Ethereum-compatible chains. The zKatana testnet zKatana refers to the project’s Japanese roots, which depict a served blade used by feudal samurais in combat. The project is a zero-knowledge EVM (zkEVM) scaling solution on Ethereum (ETH) designed to increase interoperability between Astar and EVM-compatible chains. The layer-2 zkEVM solution is an addition to the tech stack of the Astar Network, comprising a variety of tools and products that offer companies and developers the best technology stacks needed to build their projects.  You might also like: JR Kyushu Railway Company launches NFTs on Astar Network to boost customer engagement zKatana would allow developers to test their innovative ideas while allowing Astar to test and confirm their theories on the network’s functionality an...