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Unichain
Unichain is a DeFi-native Ethereum Layer-2 blockchain, built to be the home for liquidity across chains. [1][2]
Overview
Unichain is an optimistic rollup optimized for efficient markets by delivering efficient state updates, offering a framework for applications to internalize MEV (maximal extractable value), and providing an economic finality system for quick settlement across blockchains. [4]
Launched on October 10, 2024, the development of Unichain is a collaborative effort across many organizations: Uniswap Labs - is the primary technical provider for Unichain and operates the Unichain Sequencer and Uniswap Foundation - provides grants and support for developers. [3]
Unichain includes open-source code contributions from Optimism, Flashbots, and Paradigm research teams. [3]
Unichain, including the block builder and node software, is open source (MIT licensed) and available for other chains to adopt. [5]
The chain is said to provide instant transactions, reduced cost and further decentralization, and cross-chain liquidity. [6]
Use Cases
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Writing smart contracts
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Deploying an ERC-20 contract
Unichain
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Edited On
October 14, 2024
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REFERENCES
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