tldr; South Korean crypto exchange Upbit has launched Ethereum layer-2 Giwa on testnet, leveraging the Optimism Foundationās OP Stack for one-second block times and Ethereum’s security. Giwa aims to simplify Web3 infrastructure and supports Ethereum Virtual Machine-compatible contracts. Upbit, South Korea’s largest crypto exchange, accounts for 73% of the country’s crypto trading. Giwa’s name reflects South Korean heritage, symbolizing protection and tradition, with plans for further development and customization.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
kaijeng on
This is bullish
ogg_ogg on
You never hear bad news about Upbit. Kudos to them
!tip 1
Odd-Radio-8500 on
Despite the abundance of L2 solutions, no one wants to miss out on them.
^(!tip 1)
SigiNwanne on
This shows big trust in Ethereum ecosystem. !tip 1
6 Comments
Join Ethereum or get ready to be left behind
š© !tip 1
tldr; South Korean crypto exchange Upbit has launched Ethereum layer-2 Giwa on testnet, leveraging the Optimism Foundationās OP Stack for one-second block times and Ethereum’s security. Giwa aims to simplify Web3 infrastructure and supports Ethereum Virtual Machine-compatible contracts. Upbit, South Korea’s largest crypto exchange, accounts for 73% of the country’s crypto trading. Giwa’s name reflects South Korean heritage, symbolizing protection and tradition, with plans for further development and customization.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This is bullish
You never hear bad news about Upbit. Kudos to them
!tip 1
Despite the abundance of L2 solutions, no one wants to miss out on them.
^(!tip 1)
This shows big trust in Ethereum ecosystem. !tip 1