Uniswap Labs Launches New Layer-2 Network on Testnet Using Optimism's OP Stack
Uniswap Labs, the creator of the popular decentralized crypto exchange Uniswap, has announced the development of a new layer-2 network. The network was built using Optimism's OP Stack, which has also been utilized by Coinbase and Sony for their own layer-2 networks. The team behind Uniswap is also planning to launch their own blockchain as a layer-2 network on top of Ethereum, with the goal of improving transaction speed, reducing costs, and enhancing liquidity. The new network was set to launch on testnet on Thursday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Navigating Crypto Volatility: How Bitcoin and Altcoins Influence Your Trading Choices
Understanding the Impact of Market Volatility on Crypto Trading: A Look at the Risk and Reward in Bitcoin and Altcoins
Bitcoin Plunge Signals Opportunity to Buy as USDT Flow Peaks in Six Months
Analyzing Stablecoin Spikes amid Bitcoin's Decline: A Sign of Impending Rally or a Word of Caution?
Keeping Faith in Bitcoin: Unraveling the 2017 Cycle and the Power of HODLing Strategy
Identifying Parallels Between BTC's Current Trends and Its Performance Four Years Prior - Should Investors Hold Firm or Alter Approaches?
Fantom’s Solid Pattern of Higher Lows: What’s Next for FTM Price?
Trending news
MoreCrypto prices
More
