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?
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