Category: Rollups

SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon

SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon

The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions from Optimistic Ethereum. The layer two solutions provider OΞ whitelisted several projects last year including Uniswap and Synthetix, granting them preferential access to its platform as it was being built. SushiSwap […]

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Synthetix turns on layer-two alpha, launches Olympics betting on options platform

Synthetix turns on layer-two alpha, launches Olympics betting on options platform

Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events. 1264 Total views 7 Total shares Decentralized derivatives and synthetic asset trading protocol, Synthetix, has launched trading on the Optimistic Ethereum layer two scaling platform. The long-awaited launch was announced by the Synthetix protocol exchange Kwenta on July 30. It […]

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Matic rebrands to Polygon in pursuit of ‘Polkadot on Ethereum’ strategy

Matic rebrands to Polygon in pursuit of ‘Polkadot on Ethereum’ strategy

The Layer-two protocol plans to become an aggregator and interoperability facilitator for Ethereum scalability solutions. 4188 Total views 42 Total shares The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the […]

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Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

A potential fix for Ethereum’s costly congestion problems. Members of the Synthetix team(Synthetix) Jan 15, 2021 at 10:27 p.m. UTC Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix Optimism has “soft launched” its solution to Ethereum’s transaction problem, the Optimistic Virtual Machine (OVM). The startup announced Friday that OVM is now live, at a […]

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