Tuesday, July 29, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

Rollux, a Novel EVM Layer-2 Backed by Bitcoin, Goes Live

June 28, 2023
in Metaverse
Reading Time: 3 mins read
A A
0

[ad_1]

SYS Labs, a Web3 product suite powered by Syscoin, has introduced the launch of Rollux, an revolutionary EVM Layer-2 resolution. Rollux is designed to optimize the efficiency of Ethereum community functions by harnessing the power of Bitcoin, presenting a singular method to scaling Ethereum that distinguishes SYS Labs from its opponents.

Rollux, a Novel EVM Layer-2 Backed by Bitcoin, Goes Live

Revealed: 28 June 2023, 10:00 am Up to date: 28 Jun 2023, 10:38 am

Rollux is the inaugural product in a line of superior options launched by SYS Labs. As a part of a complete ecosystem, it leverages the capabilities of SuperDapp, an AI-enhanced Web3 social platform, full with important chat options, a built-in non-custodial pockets for seamless asset administration, and tailor-made variations for each cellular and internet platforms. This integration of AI and blockchain applied sciences, fortified with end-to-end encryption, signifies a substantial leap within the evolution of the business.

The ecosystem additionally incorporates Pegasys DeFi change and AMM, Luxy NFT Platform, Pali Pockets (internet & cellular), DAOSYS, and Camada, a noncustodial, regulatory-compliant crypto buying and selling platform to speed up mainstream investments and self-custody. In a strategic transfer, SYS Labs has shaped alliances with a number of groups additionally launching their merchandise on Rollux, additional driving the event of a strong ecosystem that aligns intently with the Ethereum mainnet.

Jagdeep Sidhu, CEO of SYS Labs, articulated the profound implications of Rollux, asserting, “Rollux is the embodiment of our shared imaginative and prescient and unwavering dedication. We’re delivering on our promise of velocity, decentralization, safety, affordability, and scalability — the core pillars of blockchain know-how that we all the time believed have been important for fostering mass adoption.”

Rollux units a brand new business normal because the highest-performing EVM-rollup resolution, providing unparalleled velocity, scalability, and affordability. It supplies the quickest speeds, highest throughput at scale, and probably the most reasonably priced consumer expertise with the bottom transaction charges, all whereas sustaining excessive ranges of decentralization and safety via merged mining with Bitcoin — the one main rollup to implement this technique.

The introduction of Rollux is a monumental occasion for the broader blockchain business. It addresses the enduring blockchain trilemma, fueling optimism for the long run and facilitating mass adoption whereas upholding the basic rules that initially imbued blockchain with worth.

About Rollux

Constructed by SYS Labs, powered by Syscoin, and fueled by its utility token, $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the safety of Bitcoin’s mining community and Syscoin’s Layer 1 finality and knowledge availability. Rollux features as Syscoin’s Layer 2 to assist present the unprecedented scalability essential for an exponential enhance of potential use instances, and units the stage for realizing mass adoption. Rollux affords what nobody else does: unmitigated safety, velocity, decentralization, and affordability.

Web site | Syscoin’s Web site | Twitter | Discord

About SYS Labs

SYS Labs is a unicorn of unicorns, constructing the basic layers of true Web3, and connecting customers, dApps, and belongings to create seamless flows between ecosystems. SYS Labs creates the infrastructure, dApps, and instruments essential to fulfill the wants and wishes of a world inhabitants, all backed by Bitcoin’s safety and enhanced by Syscoin’s finality and groundbreaking L1 knowledge availability resolution, PoDA.

Web site | Medium | Twitter

Press Contact:

Dylan Stewart[email protected]Telegram: @xKintsugy

[ad_2]

Source link

Tags: backedBitcoinEVMLayer2LiveRollux
Previous Post

Why EU Is Establishing Capital Requirements

Next Post

Whale Trades LINK And BNB For PEPE And ETH In High-Value Transaction: On-Chain Data

Next Post
Whale Trades LINK And BNB For PEPE And ETH In High-Value Transaction: On-Chain Data

Whale Trades LINK And BNB For PEPE And ETH In High-Value Transaction: On-Chain Data

OG Dogecoin Wallet Wakes Up After 9.5 Years Slumber

OG Dogecoin Wallet Wakes Up After 9.5 Years Slumber

Consensus Web3athon 2023 Reveals Its Winners

Consensus Web3athon 2023 Reveals Its Winners

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.