Major Crypto Firms Introduce Layer-2 Projects Amid ENS’ Decision on ENSv2
Introduction to Layer-2 Projects
Decentralized Finance, Crypto Exchange, and Blockchain Labs Join the Race
Following ENS’ announcement on ENSv2, various major crypto firms have revealed their own layer-2 projects. Recent developments include Uniswap’s decentralized finance project, Kraken’s crypto exchange, and Sony’s Blockchain Labs unveiling plans for rollup networks. These projects, however, opt for layer-2 Optimism’s technology, referred to as the OP Stack, enabling developers to leverage its code for creating individual blockchains.