1/ What a week! #L222 is in full swing and this thread is long! Buckle up for a ride through the #Layer2 #Ethereum happenings this week! πŸ‘‡πŸ§΅
2/ @l2beatcom wants to launch a #Layer2 index token, and is seeking community feedback. No question in my mind that L2 tokens will be big this year, so this is one to watch. Pretty cool! gov.indexcoop.com/t/iip-launch-t…
3/ @Immutable ImmutableX is making waves, with some crazy volume and lightning fast NFT minting. gm!
4/ @binance has turned on @arbitrum withdrawals. LFG!!! coingape.com/binance-announ…
5/ @0xPolygonZero announced Plonky2, a recursive SNARK that is "100x faster than existing alternatives and natively compatible with Ethereum." 🀯 πŸ₯°Potentially a great advancement for the zk-rollup space. Looking forward to playing with it in production! blog.polygon.technology/introducing-pl…
6/ @DuneAnalytics now has a fancy and extremely detailed Optimism dashboard. Of note, it shows 46x gas savings vs. using Ethereum mainnet. Nice! dune.xyz/optimismpbc/Op…
7/ @arbitrum experienced sequencer downtime a few days ago, due to hardware failure in their main sequencer node. Let's decentralize the sequencers ASAP please! It is a true Layer 2, so all funds were safe the whole time. Post mortem here: offchain.medium.com/todays-arbitru…
8/ There are proposals to launch @AaveAave on basically alllll the L2s. Let's see if liquidity follows! πŸ€‘
9/ @TornadoCash has been deployed on Optimism. That's handy! tornado-cash.medium.com/tornado-cash-h…
10/ @BalancerLabs has a proposal to deploy to Optimism as well. Serious moves on the #optimism front this week! forum.balancer.fi/t/proposal-dep…
11/ There's a great thread out on #StarkNet basics from @MakerGrowth. Check it out!
14/ Great @CryptoShine article diving into the basics of @zksync: cryptoshine.medium.com/zksync-an-intr…
15/ Are you building for Layer 2? We @trufflesuite would love to talk about your needs to make sure our tools match your dev dreams! My DMs are open! πŸ“₯
16/ That's it for this week! What did I miss? Many thanks to @schmiddominik1 for some of these suggestions!
17/ How how how did I forget to add that @ensdomains is adding #Layer2 support? Here's an article on their plans: blog.mycrypto.com/ens-and-layer-2

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More from @bitsplaining

Jan 7
1/ Feeling whiplash as #L222 gets started with a rush of news about and from various #Ethereum #Layer2 protocols? Here's a helpful thread about what's happened this week: 🧡
2/ This week, the Polygon network struggled under the weight of the @sunflowerfarmz game, with Polygon users & devs complaining about high gas fees & intermittent issues accessing the network. Cute game, but can the devs make their code more efficient?
sunflower-farmers.com
3/ Many protocols are building on @arbitrum, and @ExaltedFoks tweeted a thread detailing some of the most interesting earlier this week!
Read 9 tweets

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