Welcome to the latest edition of the Layer 2 Weekly Roundup.
Every week, this newsletter covers the latest and most important updates from across Ethereum’s Layer 2 ecosystem.
Catch up on the previous edition HERE.
Protocol Updates
@base - Fault proofs are coming to Base mainnet on October 30th, marking a key milestone on the path to decentralization. This means anyone can monitor and permissionlessly challenge invalid withdrawals, removing the need for a trusted third party.
@arbitrum - The days of waiting 7 days to move your assets are gone! Fast Withdrawals is now supported with select Orbit chains and RaaS providers, allowing asset withdrawals to your settlement chain as fast as 15 minutes!
@Scroll_ZKP - Introducing Scroll Open, a program designed to recognize and reward builders who push boundaries, innovate, and create real value to the community.
@taikoxyz - Taiko will be upgrading the Taiko based rollup protocol to a new version 1.10.0 on Oct 31 and prepare for Ontake, the first Taiko BCR protocol fork to happen at mainnet block height 538,304.
@krakenfx - Is launching ink, powered by the OP Stack. Ink will provide a seamless onchain DeFi experience for crypto-native and crypto-curious, contributing to the adoption of Ethereum.
@Scroll_ZKP - Will support ERC-7683, the cross-chain intent messaging standard, enhancing interoperability across Ethereum’s multichain ecosystem.
@0xPolygon - Polygon PoS, Polygon zkEVM, and the AggLayer now support ERC-7683, bringing enhanced interoperability and UX to Ethereum's multichain world.
@Scroll_ZKP - Scroll’s native token, $SCR, is now live, marking the next stage of Scroll’s development and a celebration of the collective efforts and contributions that have contributed to Scroll’s journey so far.
@OpenZeppelin - Have completed another round of governance audits for ZKsync, delivering critical insights to enhance its security and performance.
@gitcoin - GG22 is once again hosting the OSS Program on Arbitrum.
Ecosystem Highlights
@swellnetworkio - Swell L2 is making its way to the OP Stack! This migration to the Superchain will allow Swell to tap into the established network effects of the Optimism ecosystem, which already include major protocols such as Base, Unichain, and the upcoming Soneium.
@MurrLincoln - Introducing Based Agent: create AI agents with full onchain functionality on Base in ~3 minutes. Built with Coinbase SDK, OpenAI and Replit.
@TalentProtocol - Introducing Builder Perks! Mint a Talent passport, and use your score to unlock exclusive benefits from top partners.
@NodeOps_App - Is powering support for the Abitrum Ecosystem. NodeOps' latest product, Atlas, is currently in the works and poised to be a game-changer.
@LayerZero_Core - LayerZero’s Omnichain Fungible Token (OFT) Standard is now native to Arbitrum Orbit Chains. This makes OFTs fully compatible with Arbitrum Orbit chains, including full support for using OFTs as native gas tokens.
@PragmaOracle - Introducing Pragma v.2 — a transparent, permissionless, optimised oracle enabling developers to create custom feeds and access high-quality data across any chain.
@gauntlet_xyz - Continue their integration with Base with a cbBTC Morpho Vault.
@StorkOracle - Is providing prediction market data provided by Kaishi, a CFTC-regulated prediction market giving Polygon devs access to reliable, low-latency prediction market data.
@usualmoney - Usual is now live on Arbitrum! From day one, Usual will have multiple partnerships for future integrations, gearing up for a smooth L2 experience from the start.
@OnchainKit - Introducing Checkout — accept USDC payments with one-click checkout plus low fees, no gas, instant settlement, global reach, and more.
@magnetaixyz - Ardio Alpha is live on Ethereum and Base! You can now checkout their first Chat to Transfer features, with gasless USDC transactions.
@OpenCover - The Base DeFi Pass is now available. The Base Pass is the very first protocol cover offering all-in onchain protection across top Base protocols.
@etherscaleapps - EtherScale rollups are live on Arbitrum Orbit. EtherScale is a chain-agnostic Rollup-as-a-Service platform, designed to offer seamless scalability and security for decentralized apps.
@metromxyz - Is joining forces with Taiko to bring next-level liquidity mining campaigns to the Taiko ecosystem.
Articles and Threads
@0xPolygon - Deep dive into the AggLayer architecture, and explore how the aggregated thesis obviates the need to care about the war between L2s and L2s.
@ArbitrumDevs - Published a comprehensive blog post on how Renegade enables truly private trading with their onchain ZK Dark Pool.
@TheBlock_ - Published a research article covering how ZKsync unlocks the potential for asset tokenization, onchain.
@Natzywiiz - Explores why the industry needs ZKsync Elastic Chain in this thread.
Media - Spaces and Podcasts
@Scroll_ZKP - Dive into the world of Verifiable Random Functions and discuss how Scroll enabled open source VRF to be deployable on all EVMs.
@rudolf6_ - The founders of top L2 protocols building on Ethereum discuss the expansive potential of cross-chain collaboration in this Space.
@TheZKNation - TPP001: ZKsync Ignite proposal authors present and clarify key points to Delegates and the community in this Space.
@taikoxyz - Hosted an AMA to discuss everything about Oku, and their plans for the Taiko community and future developments.
@0xPolygon - Recap updates from Q3 across the Polygon PoS and zkEVM.
@taikoxyz - Tune in to the 9th Grant Factory Workshop Session to learn about how Taiko has grown into one of the largest communities in web3 and the future of based block building.
@therollupco - Learn how Espresso is making their dent on the interoperability landscape and providing neutral solutions for rollup operators in the latest episode of ‘EigenLayer Unlocked’.
@DefiantNews - Explore ZKsync 3.0 and the future of Scalable Web3 with Matter Labs in this latest episode.
@zkSyncDevs - Listen in to the first episode of the new ZKsync podcast where they explore ZK-tech, Optimistic vs ZK rollups and more.
@taikoxyz - The 10th Grant Factory Workshop is live. Tune in to learn how to build a coercion resistant voting system using zero knowledge proofs.
Events
@EspressoSys - Are hosting ‘Back to the Future’ Cocktail night at Devcon on the 11th of November. RSVP to join the team for networking, cocktails and more!
@StarkWareLtd - Looking for a spot to shill and unwind at Devcon? The Starknet mixer will be held on November 13th, and will be the perfect place to drink, eat, and connect with industry leaders.
@0xPolygon - Join the Polygon team in Bangkok to learn more about the AggLayer and future of Polygon at the Aggregation Summit.
Metrics and Stats
Sum of all value locked in the L2 ecosystem.
Transaction capacity of Ethereum including all Layer 2s under its security.
Number of unique addresses interacting with one or multiple Layer 2s weekly.
The number of daily transactions executed by users/smart contracts.
How much does it cost to transact on Layer 2?
This newsletter is for educational purposes only, and should never in any way be considered as financial or investment advice.
Thanks for reading!
Great post ser! Keep them coming, was a nice read