{"id":30793,"date":"2024-10-11T12:00:25","date_gmt":"2024-10-11T09:00:25","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=30793"},"modified":"2024-10-11T09:43:48","modified_gmt":"2024-10-11T06:43:48","slug":"uniswap-developer-optimism-announces-its-own-layer-2-network-unichain","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/uniswap-developer-optimism-announces-its-own-layer-2-network-unichain\/","title":{"rendered":"Uniswap Developer, Optimism Announces Its Own Layer-2 Network, Unichain"},"content":{"rendered":"

Uniswap Labs, the developer of top-ranked decentralized crypto exchange Uniswap, has announced that it will be adding its own network, the Unichain network, in an effort to offer faster, cheaper transactions and more liquidity.<\/p>\n

Uniswap Labs, the team behind decentralized crypto exchange Uniswap, announced that it has developed a new Layer-2 network, which will be launched on a testnet on Thursday. The new project is built using Optimism\u2019s OP Stack technology. OP Stack is a blockchain infrastructure that has also been used by major companies like Coinbase and Sony to build Layer-2 networks.<\/p>\n

The lead developer of Uniswap, the leader behind the world\u2019s largest decentralized crypto exchange, is planning to launch Unichain, a Layer-2 network built on Ethereum, to make transactions faster and more affordable, while also increasing liquidity. According to the press release, this new network, called Unichain, will be launched on a private testnet on Thursday.<\/p>\n

The technical development process of the project is being carried out by Uniswap Labs, using the OP Stack technology of the Ethereum Layer-2 team Optimism. Therefore, Unichain will be part of the Superchain formed by networks connected to Optimism. These networks include Base, the Layer-2 blockchain of the US-based crypto exchange Coinbase.<\/p>\n

Might interest you: What is BabyDoge?<\/a><\/em><\/p>\n

\u201cPeople want instant transactions,\u201d said Hayden Adams, the inventor of Uniswap and CEO of Uniswap Labs, in an interview with CoinDesk, explaining the motivation behind this initiative.<\/p>\n

This development is in line with a trend that has been widespread in the Ethereum scaling world since late 2023. Major crypto exchanges have started to launch their own Layer-2 networks. Coinbase created Base using OP Stack technology, while OKX launched X Layer with technology from the Polygon team.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Uniswap Labs, the developer of top-ranked decentralized crypto exchange Uniswap, has announced that it will be adding its own network, the Unichain network, in an effort to offer faster, cheaper transactions and more liquidity. Uniswap Labs, the team behind decentralized crypto exchange Uniswap, announced that it has developed a new Layer-2 network, which will be<\/p>\n","protected":false},"author":6,"featured_media":6168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[1001,8977,71,8976],"class_list":["post-30793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-optimism","tag-unichain","tag-uniswap","tag-uniswap-unichain"],"yoast_head":"\nUniswap Developer, Optimism Announces Its Own Layer-2 Network, Unichain - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/uniswap-developer-optimism-announces-its-own-layer-2-network-unichain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uniswap Developer, Optimism Announces Its Own Layer-2 Network, Unichain - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Uniswap Labs, the developer of top-ranked decentralized crypto exchange Uniswap, has announced that it will be adding its own network, the Unichain network, in an effort to offer faster, cheaper transactions and more liquidity. 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