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And now a must watch on why @zksync with clips from @LucaNetz on Empire with @JasonYanowitz : - "Why not us launch an L1?" - "It would be a disservice to put our talents toward building tech, ZKsync has built the best tech." - "Elastic chain I think is the best technological L2โฆ https://t.co/uhdY6lnQ8K
How does interoperability work for @zksync's Elastic Network? Great article from Krinza ๐ฅ https://t.co/uCmnSMOFwM
What makes the Elastic Network unique is its native interoperability layer that makes the network feel like one unified chain. Today, weโre sharing a sneak peak of what it will look like. This demo is live. Try it out yourself below ๐๐ป https://t.co/JF0C994rHP https://t.co/FKbyJPnOJY
Recent discussions among Ethereum developers and investors highlight the evolving landscape of Layer 2 (L2) solutions and their role in the Ethereum ecosystem. Experts emphasize that L2s are essential for enhancing Ethereum's capacity, enabling it to support a vast number of users, potentially reaching up to 1 billion. The interoperability of L2s with Ethereum's Layer 1 (L1) is seen as a fundamental shift, with predictions that every financial institution will adopt L2s akin to websites. The launch of GRVT's Mainnet Alpha marks a significant milestone, introducing the world's first licensed decentralized exchange (DEX) that integrates traditional finance with decentralized finance, boasting a monthly trading volume of $3.3 billion. This initiative is powered by ZKsync and emphasizes the importance of compliance and institutional adoption in the evolving DeFi landscape. The Elastic Network, associated with ZKsync, is designed to provide a unified experience through its native interoperability layer, further enhancing the functionality of L2 solutions.
