crypto

BitDAO’s Ethereum Modular Level 2 Network Mantle is Now Live

BitDAO, a decentralized autonomous organisation, announced Mantle’s launch as an Ethereum Layer2 network. Mantle is modular. Modular networks are a new approach to blockchain construction. They differ from monolithic chains that have all operations on the base layer. This Layer 2 solution is designed to solve these issues while also enabling a Web3 ecosystem that’s fit for the future. Mantle’s higher throughput and lower cost will make it easier for early adopters to build on it than other Layer 2s. According to reports, BitDAO’s Layer 2 network stack has three distinct layers. The first is responsible for transaction execution while the two other layers are responsible for data availability and transaction finality. Mantle will, however, have more functionality than previous Layer 2. According to the statement, BitDAO’s Layer 2 network will have faster throughput and lower cost and will be powered by a decentralized data availability level. BitDAO’s governance token BIT will pay for Mantle transaction costs. This will allow BitDAO to grow and enable people to join Web3 and give them the tools to participate in the rapidly evolving decentralized economy. Mantle will advance Web3 accessibility, enabling previously unheard-of Web3 use cases internationally.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comHaroldCoincu NewsTags: BitDAOBlockchainEthereumLayer 2Mantle