What Is a Layer 2 Protocol in Crypto?
To mitigate congestion, developers created secondary blockchains that work in conjunction with the main blockchain. This technology is known as a Layer 2 protocol.
To mitigate congestion, developers created secondary blockchains that work in conjunction with the main blockchain. This technology is known as a Layer 2 protocol.
A detailed proposal aims to improve governance and tap into the raw power of modern decentralzed finance innovation.
The Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime.
Binance plans to list LUNA 2.0 as soon as the airdrop of tokens is distributed to users on May 31 and the price of LUNA is running up ahead of the event.
According to research conducted by SoFi, 36% of workers want the ability to receive part or all of their paycheck in cryptocurrency, and 42% would like to receive NFTs as a performance reward.
More than 1.3 million active wallets connected to a blockchain game as markets went red, showing a clear appetite for play-to-earn games and testament to the utility now offered to blockchain and Web3 users.
TERRA LUNA shook the cryptocurrency world yesterday when a shock crash saw billions wiped from the market in an instant, and investors left seeking immediate answers from its founder.
Technically Terra is the name of the crypto asset, and LUNA is its ticker symbol. More people still refer to the LUNA crash rather than the Terra crash however.