BitDAO delivers modular Ethereum Layer 2 network Mantle

BitDAO takes the opportunity of carrying out its delivery of modular Ethereum Layer 2 Mantle, which will, in the case scenario, be instrumental in the delivery of much quicker transactions. The offer will also be with regards to much less of a price tag attached to it.  

To understand the true value of the entities and accordingly appreciate their functions, it becomes imperative to delve more into their basics. BitDAO, on its own, happens to be a decentralized autonomous firm. It boasts of possessing a treasury that crosses the mark of a staggering $17 billion.

On the other hand, the entity Mantle happens to be a modular Ethereum Layer 2 chain. These very modular networks have the capacity and functioning to aid in new techniques related to designing blockchains. They also happen to be unlike the conventional monolithic chains, where one finds all the functions of the network taking place on the base layer. Whereas in the case of modular blockchains, individual layers exist for network consensus, carrying out transactions, and all matters related to settlements. There is also the added feature of making relevant data accessible. In all, all of these features and functions put together helps in the building of more effective and upgradable networks.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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