Weekly Layers 1 & 2 Update (Week 20, 17/05/2022 – 23/05/2022) | crypto.com

Layers 1 & 2 (Week 29, 19/07/2022 – 25/07/2022)

Key Takeaways

  • Ethereum’s (ETH) Ropsten testnet will attempt to simulate the Merge by combining proof of work with a proof of stake consensus layer. Meanwhile, $8.1B in ETH has been burned since the implementation of EIP 1559 in Aug 2021.
  • Cardano (ADA) plans to improve scalability by reducing the transaction size of smart contracts in the upcoming Vasil hard fork.
  • The Filecoin Foundation and Lockheed Martin (an American aerospace corporation) announced plans to host blockchain nodes in space.
  • Cronos (CRO) reached 42.39M total transactions, an increase of +3.44% from last week.

Highlights

 
 
Screen Shot 2022 05 24 At 8.06.34 Pm

 

 
 
Screen Shot 2022 05 24 At 7.46.19 Pm

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Layers 1 & 2 (Week 29, 19/07/2022 – 25/07/2022)

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