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Omni Network Explained: Rollup Fragmentation Unification
Intermediate

Omni Network Explained: Rollup Fragmentation Unification

The OMNI network is an interoperability protocol across various Rollups, serving as a Layer 1 public chain and the first AVS (Arbitrum Verifier Shard) on the Eigenlayer. OMNI leverages heavy staking on the Eigenlayer to share Ethereum security and utilizes Byzantine Fault Tolerance (BFT) consensus mechanism to process a high volume of transactions while maintaining low latency.
4/23/2024, 6:14:24 PM
Omni Network: A Unified Solution to Rollup Fragmentation
Beginner

Omni Network: A Unified Solution to Rollup Fragmentation

Omni Network is an interoperability layer and L1 network on Ethereum, designed to connect various Roll-ups such as Optimism, Arbitrum, zkSync, and Starkware. It employs foundational technology innovations like re-staking via Eigenlayer, the Cosmos SDK, and the Tendermint consensus mechanism to offer a secure, modular, and high-performance Web3 infrastructure. Omni Network supports cross-Rollup interactions, aggregates liquidity, and simplifies user processes. It also introduces a dual-staking model, offers sub-second verification, and integrates with multiple Rollup architectures and applications. Omni Network has completed two rounds of funding, backed by prominent investors such as Pantera Capital, and has conducted a token sale on Binance's launchpool.
4/30/2024, 3:25:17 AM

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective