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Layer by Layer Issue 34: Optimism, Avalanche, and Solana

June 9, 2022, 12:50PM EDT • 23 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding The L2 scaling protocol Optimism has launched its native governance token as the team looks to attract further adoption of its network, but challenges with supporting infrastructure remain Avalanche and Solana have made progress on their own approaches to …

MetaMask stops working as Infura suffers another service outage

Quick Take An Infura service fault has caused MetaMask to stop working for the majority of users. Ethereum gas fees have tumbled as a result of the outage. Crypto web wallet MetaMask is currently not working for users due to a service outage on Infura, an Ethereum infrastructure provider. “We are aware of an outage of some of our ETH1, Palm, Optimism, Polygon, Filecoin and Arbitrum API endpoints. At the moment, the outage is limited to the listed components, which …