Uniswap Labs, the developer behind the decentralized exchange Uniswap, has just launched its own Layer-2 network called Unichain. The network is built on Optimism's OP Stack, a framework for creating Ethereum-compatible blockchains with lower transaction costs and times.
Unichain's goal is to improve user experience and facilitate decentralized transactions, with better scalability than Ethereum Layer-1. By using Optimism's technology, Unichain promises to deliver faster transaction speeds and lower fees, thereby attracting more users and developers to build decentralized applications (dApps) on this network.
