Matter Labs Unveils Layer-2 Scaling Solution for Ethereum Payments

Cryptocurrency

Funds move between users inside the smart contract, which is orchestrated by validators and guardians. When a contract is open, validators package transactions into blocks. Elected by guardians, validators have a near-perfect probabilistic guarantee of participating honestly with safety features such as built-in collateral (to disincentivize cheating). Users also decide when a contract closes, sending funds back to the main ethereum chain. In other words, the funds are always #safu.

Products You May Like

Articles You May Like

Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
Harmony offers $1M bounty, but is it big enough?
Crypto conspiracy theories abound, but prop traders are just doing their job
Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH
China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

Leave a Reply

Your email address will not be published.