Ethereum Layer 2 News Roundup - Week 39

Ultimate Guide on Scroll Network: Get Free 6 NFTs to Hunt Potential Airdrop

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Coin Wire
October 04, 2023

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KEY TAKEAWAYS

  • Arbitrum DAO Voting on $41 Million Investment in Ecosystem Projects

  • Polygon Adds Google Cloud as Validator, Boosting Network Security

  • Chainlink CCIP is Now Live on Base

  • Ultimate Guide on Scroll Network: Get Free 6 NFTs to Hunt Potential Airdrop

ECOSYSTEM UPDATES

Arbitrum DAO Voting on $41 Million Investment in Ecosystem Projects

The Ethereum layer-2 network Arbitrum's DAO is voting on whether to invest $41 million into projects within its ecosystem. Different grant types are available based on project criteria, and over 105 projects have already applied for funding. The voting period ends on October 9, and the funded projects will receive a one-time distribution of tokens with restrictions. For details, visit here.

Polygon Adds Google Cloud as Validator, Boosting Network Security

Polygon Labs announced on September 29 that it has added Google Cloud as a validator to its proof-of-stake network. This partnership adds a high-quality, trusted, and security-minded validator to the network, which is already secured by over 100 other validators. Google Cloud's infrastructure, which powers YouTube and Gmail, will now also be used to power Polygon PoS in part.

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Chainlink CCIP is Now Live on Base

Chainlink, a blockchain oracle platform, has extended its cross-chain capabilities to Base. This integration enables the development of cross-chain applications that can send messages, transfer tokens, and initiate actions across different blockchains using Chainlink's Cross-Chain Interoperability Protocol (CCIP).

Ultimate Guide on Scroll Network: Get Free 6 NFTs to Hunt Potential Airdrop

Scroll is an EVM zkRollup designed to scale Ethereum, aiming to offer fast, affordable transactions, decentralization, and privacy.

It has raised $83M in investments, including support from notable entities like Sequoia and Polychain, and has garnered praise from Ethereum creator Vitalik Buterin, indicating potential for a significant airdrop. For a step-by-step guide, visit here.

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