Layer 2 solutions are protocols or technologies that are developed on an already existing blockchain network with the aim of enhancing its capabilities and efficiency. These solutions are designed to ...

The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

As Bitcoin continues to grow in popularity, its original design, which supports only seven transactions per second, often struggles with scalability. This leads to higher fees and slower transaction ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. While blockchain technology promises transparency and ...

Maybe you've heard of this new thing: the “independent data layer.” But, what is it? How does it work? And why the heck should you care? Think of all the things you do today in buildings. Or maybe all ...

The innovative data availability layer is shaping the backbone of a modular blockchain ecosystem, promising scalability, interoperability and unprecedented flexibility for the future of Web3. Modular ...

Blockchain technology turned upside down the way people thought about money, data, and trust. Simultaneously, this technology faces a number of challenges brought in by growth: speed, scalability, and ...

Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the ...

Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs associated with transactions on layer 2 solutions that batch and compress transactions before sending them to ...

Ethereum is witnessing a surge in "blob" usage, an effective data management tool introduced earlier this year, signaling that more users are embracing layer-2 scaling solutions for faster and more ...

At the end of 2019, research firm Forrester and Big Four firm Ernst & Young, or EY, published a report surveying the adoption of public blockchains by enterprises. Findings revealed that 75% of ...