ChainCatcher news, according to Accesswire, Lumio announced the launch of its multi-virtual machine high-performance Layer 2 solution on Solana's public development network. This launch marks an important milestone for Lumio in the field of blockchain scalability, allowing developers to build on any chain using any virtual machine. The solution aims to address scalability challenges with faster transactions and lower latency, especially during network congestion. This is Lumio Chain Collective's second implementation following Optimism.

ChainCatcher news, according to The Block, Bitcoin Layer 2 solution Merlin Chain announced the completion of a new round of financing, led by Spartan Group and Hailstone Labs, with participation from Amber Group, Presto Labs, and IOBC Capital.According to Merlin Chain, it has facilitated over 9 million transactions and hosts more than 70 real-time projects, with a total locked value (TVL) exceeding 4 billion dollars.

ChainCatcher news, OKX Ventures announced the completion of a strategic investment in Eclipse. Eclipse is the first Layer 2 solution running in the Solana virtual machine environment on Ethereum, and its modular components provide the technical foundation to meet the rapid, secure, and flexible interaction needs of millions of users on Web 3 applications (DApps).Dora, the founder of OKX Ventures, stated that Eclipse facilitates efficient execution on Ethereum, allowing developers to customize various components in execution environments such as EVM, SVM, and MoveVM according to their needs, while utilizing data availability layers like Celestia, Polygon AvailEigenDA for data settlement. This not only provides a friendly environment for developers but also offers users the safest and most economical trading experience, thanks to the adoption of efficient and secure ZK fraud-proof RISC Zero. OKX Ventures has always placed great importance on the developer community, and as an important player in the infrastructure sector, we are very much looking forward to Eclipse launching its mainnet in the second quarter of this year, which will also accelerate the emergence of Web3 super applications capable of accommodating more users in the Ethereum ecosystem.

ChainCatcher news, Justin Sun posted on social media that TRON will launch its Bitcoin Layer 2 solution to enhance interoperability between Bitcoin and the TRON network. This integration will not only connect TRON with Bitcoin but also facilitate the flow of funds into the Bitcoin network, injecting financial vitality into Bitcoin.TRON plans to integrate its Layer 2 solution to connect tokens within the TRON network, including stablecoins with a market value of $55 billion, with the Bitcoin network and its Layer 2 structures such as Bitcoin ordinals, to promote cross-chain asset access and enhance financial vitality.The roadmap includes three phases: Phase α will bridge Bitcoin assets to TRON; Phase β will collaborate with Bitcoin Layer 2 protocols; Phase γ will announce the integration of TRON, BTTC, and Bitcoin network's Layer 2 solutions.

ChainCatcher message, SatoshiVM is now integrated with OKX Web3 wallet, allowing users to perform cross-chain asset transfers between Bitcoin Testnet and SatoshiVM Testnet, as well as Ethereum Sepolia SatoshiVM Testnet through the OKX Web3 wallet. SatoshiVM is a Bitcoin ZK Rollup Layer 2 solution that uses EVM for off-chain computation, meaning users can interact with SatoshiVM in a manner similar to interacting with Ethereum, and developers can build on SatoshiVM just like they do on Ethereum.It is reported that the OKX Web3 wallet is an industry-leading one-stop Web3 entry point, now supporting over 85 public chains, with a unified experience across App, plugin, and web, covering five major areas: wallet, DEX, DeFi, NFT marketplace, and DApp exploration, and supporting Ordinals marketplace, MPC and AA smart contract wallets, gas exchange, and hardware wallet connections, among others.

ChainCatcher news, according to official sources, Conflux has announced the launch of an EVM-compatible Bitcoin Layer 2 solution, which will allow Conflux to seamlessly manage Bitcoin-based assets such as BTC and xRC20 tokens (e.g., BRC20 and ARC20) through smart contracts. Users will be able to connect various asset types from the Bitcoin network or transfer assets onto the Bitcoin chain.It is reported that the testnet for this network is expected to go live in February or March 2024, with the mainnet planned to launch in May.

ChainCatcher news, according to Coinedition, Solana Labs co-founder Anatoly Yakovenko stated that Solana is Ethereum, seemingly hinting at the possibility of interoperability between the two chains. Solana can operate as an Ethereum Layer 2 blockchain through Wormhole EigenLayer. Once Danksharding scales up, no one will stop all Solana blocks from being submitted to certain data validation bridging contracts on Ethereum. It is reported that Danksharding is expected to enhance Ethereum's scalability and performance.

ChainCatcher news, DODO recently released the DIP-17 proposal to migrate 2 million DODO tokens to the zkEVM Layer 2 solution Scroll. This move aims to leverage Scroll's advanced technology to provide stronger scalability and performance for DODOX------DODO's cross-chain DEX aggregator------.At the same time, the proposal also includes the allocation of $100,000 from the DODO community fund, aimed at promoting Scroll's trading volume and user participation through an ecosystem incentive program based on liquidity and trading volume milestones.The proposal is now open for voting and will end at 5:00 PM on December 4th, with the current voting approval rate at 100%.

ChainCatcher news, according to Decrypt, the cross-chain interoperability project Interlay has announced the launch of a minimum viable product (MVP) based on a Bitcoin L2 solution, introducing Rust smart contracts compatible with Bitcoin libraries such as the Lightning Network and Ordinals.In addition to Rust and EVM smart contracts, the release of the BOB MVP also incorporates Interlay's trustless Bitcoin bridge and an integrated Bitcoin light client that utilizes cryptographic verification from the Bitcoin main chain. The upcoming full version will support compatibility with Ethereum.

ChainCatcher news, according to official information, the Ethereum Layer2 solution Linea launched by ConsenSys has announced the release of its mainnet Alpha version. Application developers will be able to deploy their projects to the Linea Alpha network on Friday, and users will have access starting next week.It is reported that Linea had 5.5 million unique wallets submitting over 46 million transactions during its testnet phase, making Linea one of the largest and fastest-growing projects on Goerli. (Source link)

ChainCatcher news, the decentralized autonomous organization BitDAO community members have approved a governance proposal named BIP-21, which proposes to rebrand BitDAO's governance token from BIT to a new identity, Mantle. BitDAO will merge into Mantle Network.It is reported that through this integration, Mantle Network developers will inherit nearly $300 million in stablecoins and over 270,000 ETH (approximately $485 million) in reserves from BitDAO, which will play a key role in funding the expansion and broader adoption of Mantle Network.In addition, Mantle Network will enter the second phase of its testnet in May, codenamed "Ringwood." (source link)

ChainCatcher news, according to official information, the Shiba Inu Layer 2 solution Shibarium has launched a new website and intake system. Shibarium will be available to all users, and the intake system is only for statistical user demand and can be filled out voluntarily.In addition, the project team is about to release documentation, update the Wiki, and launch the Beta version. During the Beta release period, all Tokens and products on the Beta network are for testing purposes only. The project team reminds users not to purchase any products on Shibarium before the mainnet launch. (Source link)

ChainCatcher news, according to Shiba Inu core developer @Shytoshi Kusama on social media, its Layer 2 blockchain solution Shibarium is expected to be released soon, and users are reminded to prepare for 2023. @Shytoshi Kusama stated that due to the holiday season, Shibarium is unlikely to be released before the end of 2022, but he assured the community that it will "arrive soon."It is reported that Shibarium aims to enhance the scalability of the Shiba Inu main chain Ethereum and support custom features. (Source link)