ChainCatcher news, according to Cointelegraph, Jesse Pollak, head of the Base protocol, recently stated in a conference call with Ethereum founders and developers that based rollups are "a flexible and powerful tool that will allow us to use them for Base, bringing it closer to Ethereum and increasing the security guarantees it provides."Ben Jones, a director at the Optimism Foundation, added that based rollups will improve collaboration between the Ethereum base layer and L2.Ethereum L2 networks (such as Arbitrum, Optimism, and Base) have charged hefty fees by deploying high-speed, centralized sorters (i.e., the order of transaction processing and addition to blockchain blocks), but this comes at the cost of unification.Based rollups, proposed by Ethereum core developer Justin Drake in March 2023, return this process to the base layer, improving the decentralization of the network, as the block building process will be executed by all Ethereum validators rather than a single centralized sorter.At the same time, native rollups will enhance the way transactions are executed on the base layer, making the network more composable.However, these L2s will forfeit a significant portion of their revenue gained through maximum extractable value. Data from Dune Analytics shows that Arbitrum, which supports the transition to based rollups, has generated $210 million in revenue from its centralized sorter, while Base's revenue stands at $96.2 million.It is worth noting that based rollups or native rollups may bring more revenue to Ethereum's base layer and positively impact the price of ETH. However, the decentralized sorting of the Ethereum base layer means that transactions will be confirmed within 12 seconds, rather than the approximately 1 second typical of many Ethereum L2s. Several Ethereum L2 leaders also support the deployment of "FABRIC," an infrastructure that supports based rollups.Daniel Wang, CEO of Ethereum L2 Taiko, stated that the protocol is willing to adopt the FABRIC standard to "address" Ethereum's interoperability issues, saying, "We have been waiting for the FABRIC standard so that we can work together and provide a complete solution."

ChainCatcher message, Starknet announced on the X platform that it has partnered with the RaaS provider AltLayer, aiming to enable builders to complete SN Rollup deployments and independently build optimized Starknet.

ChainCatcher news, Ethereum co-founder Vitalik Buterin stated on the X platform that part of L2 scaling is Ethereum increasing its blob capacity, and another part is Rollups becoming more data-efficient. It's great to see Starknet rise to the challenge, and I hope to see more EVM Rollups improve data efficiency.Previously, Starknet announced the launch of the solution Starknet v0.13.3, aimed at meeting the steadily growing demand for processing Ethereum blobs.

ChainCatcher news, according to official sources, the Rollup-as-a-Service platform Caldera has announced the establishment of the Caldera Foundation, dedicated to promoting the decentralization of the Metalayer and Caldera networks and the expansion of their ecosystem.Currently, the Caldera ecosystem has locked a total value of over $750 million across 25+ blockchains, with nearly 300 million transactions completed.

ChainCatcher news, Ethereum Rollup deployment platform Caldera acquires Hook. This strategic acquisition brings Hook's team into Caldera's one-click Rollup platform, thereby driving product development. Hook is the development team behind Hook Odyssey, a perpetual futures Rollup focused on memecoins and NFTs.The addition of the Hook team brings Caldera's employee count to 20, distributed across the Americas, Europe, and Asia.

ChainCatcher message, Ethereum Rollup deployment platform Caldera posted on X: "We have noticed that scammers are creating and promoting counterfeit Caldera tokens on BSC. Please be aware that the official token has not been launched yet, and do not purchase or interact with this fraudulent token."

ChainCatcher news, according to CoinDesk, the Bitcoin rollup project Citrea has announced the completion of a $14 million Series A funding round, led by Peter Thiel's Founders Fund, with participation from angel investors such as Erik Voorhees and Balaji Srinivasan. Citrea aims to leverage zero-knowledge (ZK) technology to transform Bitcoin into a programmable asset, introducing Ethereum-like smart contract functionality.Citrea adopts the BitVM computing model, making it compatible with the Ethereum Virtual Machine, allowing applications on Ethereum to be deployed on Citrea without modification.According to RootData, Citrea is a ZK rollup for Bitcoin and also serves as an execution layer based on Bitcoin. Every transaction that occurs on Citrea is fully protected by zero-knowledge proofs and verified through BitVM.

ChainCatcher news, the Rollup-as-a-Service platform Gelato has completed a $11 million Series A+ funding round, led by Hack VC, with participation from Animoca Brands, IOSG Ventures, and Bloccelerate VC. The latest funding round brings Gelato's total funding to $23.2 million.The new funds will be used to expand its team and services to support more enterprise-level blockchain projects.Gelato aims to simplify the creation and management of Rollup integration, streamlining the way web3 applications and ecosystems are built and scaled.

ChainCatcher news, the Web3 industry research and analysis platform Web3Caff Research recently released an in-depth report on the Based Rollup track. Web3Caff Research researcher Wildon pointed out in the report that with the development of blockchain technology and the surge in market demand, Ethereum is gradually unable to handle the massive transaction volume.As a result, the concept of Rollup emerged, separating transaction execution from the mainnet and moving it off-chain for computation, thereby alleviating the computational burden on the mainnet. This is currently the main solution to Ethereum's scalability issues. In the thriving Rollup ecosystem, Optimistic Rollup and ZK Rollup are the two main factions.However, whether it is Optimistic Rollup or ZK Rollup, although they effectively improve transaction processing speed, they also have limitations in terms of security, MEV, decentralization, latency, and computational costs. In light of this, Ethereum researcher Justin Drake proposed the concept of Based Rollup in May 2023, where the mainnet takes on the role of the Rollup sequencer, allowing Rollup to inherit more characteristics of the mainnet in an attempt to break through the dilemmas it faces. The report further points out that while Based Rollup has advantages such as decentralization, enhanced security, and simplified architecture, it also carries inherent issues.

ChainCatcher message, the Ethereum Layer 2 network Base has currently become the Rollup with the highest total locked value.According to data from DeFiLlama, Base's TVL is $2.49 billion, distributed across 366 protocols, slightly higher than Arbitrum's $2.39 billion TVL. A significant portion of Base's TVL comes from the decentralized exchange Aerodrome, which has deposits exceeding $1.3 billion.In addition, in terms of TVL, Base now ranks among the top five blockchain networks, following L1 chains such as Ethereum, Tron, Solana, and BNB Chain.

ChainCatcher news, Ethereum co-founder Vitalik made a presentation on "The Future Development Direction of L2 Scalability" at the RollUp day event, where he mentioned: "The decentralized Based Rollup projects and roadmap represented by Taiko are exciting." He expressed high recognition of this.

ChainCatcher news, Vitalik Buterin tweeted emphasizing that Layer 2 (L2) technology has finally become affordable, which is key to the widespread adoption of decentralized finance (DeFi). He proposed as early as 2020 that low transaction fees are the foundation of success in the crypto industry, and this has only recently become a reality.Robert Sasu, a core engineer at MultiverseX, responded that L2 currently has low fees only in centralized situations. Vitalik disagreed with this view and pointed out that Taiko is a decentralized based rollup solution, indicating that the fees for decentralized L2s like Taiko have reached an affordable level. Sasu agreed but added that rollup-based solutions are still in the minority and hopes that more projects will migrate to this architecture.

ChainCatcher news, the identity and incentive infrastructure Layer3 officially launches the Launchpad feature, with the first project being the Rollup-as-a-Service platform Caldera. Users participating in the first Launchpad tasks can earn Caldera airdrop eligibility and an additional incentive of $100,000.Layer3 states that the Launchpad will redefine the way the crypto ecosystem is built, launched, and scaled, bridging the gap between emerging protocols and users, and creating new standards for token distribution and ecosystem expansion.It is reported that Caldera completed a $15 million Series A financing round in July this year, led by Peter Thiel's Founders Fund, with participation from Dragonfly, Sequoia Capital, and others, bringing the total funding to $25 million.