Chain

Avara, the parent company of decentralized finance (DeFi) platform Aave, has announced the arrival of Lens Chain mainnet, a fast and inexpensive Ethereum overlay blockchain for developing decentralized social media applications. There are now several …

Powered by Optimism’s OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum’s mainnet.

Sustained demand for Layer 2s could quickly deplete the available blob capacity. The impending Pectra upgrade only kicks the can down the road, Polynomial’s co-founder said.

The app’s new update seeks to boost transparency in the market by exposing token ownership patterns that may indicate centralization or manipulation.

The Beam Chain groups a number of big-ticket upgrades, including zero-knowledge support and fast finality, into a single Ethereum upgrade.

Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 7-13.