Uniswap just launched Unichain

-

Uniswap Labs just launched Unichain Mainnet, a blockchain that’s super fast, seriously cheap, and still keeps decentralization at its heart.

Unichain specifications

Unichain boasts 1-second block times and gas costs that are about 95% lower than Ethereum’s.

This means faster and cheaper transactions, making DeFi more accessible and efficient. And they’re not stopping there, future updates will optimize block times to 250 milliseconds.

But is this just hype? Not according to the numbers. In just four months of its Testnet phase, the community racked up 95 million transactions and created 14.7 million smart contracts.

That’s a whole lot of activity, proving that people are hungry for a more efficient DeFi experience.

User base

And it’s not just the average Joe jumping on board. Around 100 prominent crypto projects and protocols are already building on Unichain, including industry giants like Uniswap, Circle, Coinbase, Lido, and Morpho. That’s a quite serious vote of confidence.

Uniswap Labs is all about decentralization, and Unichain reflects that. It’s starting as a rollup structure with a proof system that lets anyone report faults.

Plus, the Unichain Validation Network, the UVN will eventually allow all users to verify blocks, making the system even more decentralized.

The future of DeFi?

But here’s where it gets really interesting, because Uniswap Labs is developing ERC-7683 standards to enable fast, secure, and cost-efficient transactions between different blockchain networks.

And with the Superchain infrastructure, Unichain will have native network connectivity through single-block communication later this year.

With its low fees, fast transaction times, and growing adoption, Unichain has the potential to transform DeFi.

And with future updates planned to improve speed, efficiency, and decentralization, this blockchain is definitely one to watch.

Have you read it yet? Whales are loading up on ADA, a massive price jump is coming?

LATEST POSTS

Bitcoin miner executives get too much money, too fast?

We got a situation brewing in the Bitcoin mining world, and it ain’t pretty. You know how in the office, there’s always that one guy...

Satoshi Nakamoto is wealthier than Michael Dell

You know the legend, Satoshi Nakamoto, who gave birth to Bitcoin He vanished into thin air around 2010. No interviews, no public appearances, just a...

Australia’s testing CBDCs and stablecoins

The land of kangaroos and cricket is stepping into the future of money with a swagger. The Reserve Bank of Australia is diving headfirst into...

Bitcoin Depot’s data breach got 27,000 customers doxed

Alright, picture this, you’re just trying to buy some Bitcoin at an ATM, maybe daydreaming about your next big crypto move. Then bam! You find...

Most Popular

Guest posts