Crypto Trends 8 June 2020

Crypto Trends

A summary of the crypto trends for the week.

Layer 2 is coming soon™

For far too long the way to scale was to use a Proof of Authority sidechain secured by the (significant) reputation of the authorities. Low cost, fast but not exactly trustless.

Soon™ there will be a plethora of options using Layer 2 scaling. I recommend reading the list by Philippe and Vitalik’s tweet storm of what is coming.

Given that gas prices are still around 20 Gwei (, these can’t come soon enough.

OMG Network V1 Public Mainnet Beta

It feels like it has been a long wait. It has been two years since the OmiseGO Holiday Special.

OmiseGO is now OMG Network.

The Mainnet Beta is Single operator, ETH & ERC20 transfers for now.

State of Eth2

Nice overview of the current state of Eth2.

For detailed news see: Week in Ethereum News, EthHub and What’s New in Eth2


From the archives:

Please contact the team when you are ready to request an audit!




1 Like