ethereum
1. Ethereum layer-1 network revenue has dropped by 99% since March 2024. 2. Monthly users and daily transaction costs on layer 2s have increased despite the revenue decline. 3. Network fees reached their highest levels for the year on March 5, 2024, at $35.5 million. 4. The Dencun upgrade
base
* Coinbase layer-2 network Base has reached 1 million daily active addresses. * Base has seen a 60% growth in daily active addresses since the start of August. * Base now has more daily active addresses than several other protocols combined. * Over 200,000 new Base.eth usernames have been minted since the
ethereum
* Optimism's Layer 2 blockchain now has fault proofs, advancing to Stage 1 decentralization. * Users can withdraw Ether and ERC-20 tokens without third-party involvement. * Fault proofs allow users to challenge and remove invalid withdrawals. * Collaborative effort from OP Labs, Base, and Sunnyside Labs to implement fault proofs. * Security Council