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Big news from Uniswap! Unichain will debut next year, how will it help Etherum's DeFi development
A brand new Layer2 solution, Sepolia has excellent test results
Ethereum's largest decentralized exchange Uniswap once again brings shocking news to the market - its Layer2 solution 'Unichain' will officially launch its mainnet in early 2025. According to official sources, the network has been under significant pressure testing on the Ethereum Sepolia testnet since October 2024, handling over 50 million transactions and deploying over 4 million contracts. The system's critical service stability has reached as high as 99%. These achievements demonstrate the maturity of Unichain, which is expected to bring a faster, safer, and lower-cost decentralized finance (DeFi) experience to the Ethereum ecosystem.
One of the key features of Unichain is the use of 'Permissionless Fault Proofs', which allows any participant to verify the status on the chain and raise doubts about suspicious transactions. The official is scheduled to perform maintenance on January 6, 2025, to activate this mechanism, further ensuring the security of the mainnet. According to the development team, after the maintenance is completed, Unichain can enter public testing, and users can transfer assets across bridges and experience DApps running on the platform, enjoying faster and more transparent DeFi services.
Image source: Unichain Unichain development roadmap
Balancing speed and decentralization, strengthening the DeFi scene
In addition to focusing on security, Unichain will also introduce a feature called 'Flashblocks', with the goal of reducing block time to 250 milliseconds, making transactions almost instant. This move will greatly enhance the experience for high-frequency traders or financial applications requiring low latency. On the other hand, Unichain also introduces a decentralized validation framework called 'Unichain Validation Network', which verifies the latest block status through multiple nodes, avoiding the risks of single point control, and closely follows the decentralized spirit of Ethereum and DeFi.
In order to assist in the construction of a secure block generation process, Unichain has partnered with Flashbots to introduce 'Rollup-Boost', which makes the entire block assembly process more verifiable and resistant to attacks. This move is expected to reduce the potential risks of a single sequencer architecture and help strengthen the stability and fairness of the overall network.
Leading the connection with OP Stack, deepening the Ethereum ecosystem
Due to the deep integration between Unichain and OP Stack, the Layer2 blockchain will also be incorporated into Optimism's 'Superchain' system after the mainnet goes live. Uniswap Labs will be one of the core contributors, jointly promoting the new stage of decentralized finance on Ethereum. As the largest spot DEX on Ethereum in terms of trading volume, Uniswap has surpassed $1 billion in trading volume in the past 24 hours, and is expected to further enhance its market competitiveness with the support of new technologies.
In summary, the emergence of Unichain represents Uniswap's expectation to solve the pain points of transaction efficiency and transaction fees for Ethereum's huge DeFi users through fast, secure, and decentralized Layer2. With the gradual demonstration of the effectiveness of the test network and the implementation of various functions, the DeFi community is full of expectations for Unichain. When it officially goes live in 2025, people will be able to see a significant leap forward in both security and efficiency in the Ethereum ecosystem. For the entire crypto financial industry, it can also be regarded as a new milestone.
[Disclaimer] The market is risky, and investment should be cautious. This article does not constitute investment advice. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at your own risk.
The latest news about Uniswap! Unichain will be launched next year to help the development of Ethereum DeFi. This article was first published in 'Crypto City'.