Sony Block Options Lab, a subsidiary of the Sony Group, revealed plans for the event of Soneium, an Ethereum Layer 2 community designed to speed up the adoption of blockchain expertise, in a press release on August 23.
The results of a collaboration with blockchain infrastructure supplier Startale, the Layer 2 community goals to bridge blockchain expertise (Web3) and on a regular basis web companies.
The mission marks Sony's continued enlargement into the digital property house, after the group hinted at launching a cryptocurrency alternate in July. After Acquisition Amber Japan's WhaleFin Change. The tech big plans to rename and reopen the alternate, however the timeline remains to be unclear.
Sonaeum
The community might be designed as a flexible, general-purpose blockchain with aggressive capabilities that mix parts from leisure, gaming, finance and different sectors.
Soneium will leverage the Op Stack and Superchain developed by the Optimism Basis, and a testnet might be launched within the coming weeks to offer builders with hands-on expertise.
A number of crypto protocols, together with Chainlink and Astar Community, have already joined the mission as launch companions. Astar mentioned its zkEVM answer might be migrated to Soneium and that its native ASTR token will play a key function inside the deliberate Layer 2 answer.
Jun Watanabe, chairman of Sony Block Options Lab, highlighted Soneium's alternative to introduce blockchain expertise to folks world wide by leveraging Sony's in depth attain throughout leisure, finance, electronics and gaming. He burdened that Soneium will ultimately be built-in into Sony Group companies, attracting customers who’re unfamiliar with Web3.
Layer 2 Community
The Ethereum Layer 2 community is designed to enhance the scalability and pace of the mainnet, and has seen continued success lately.
Over the previous 12 months, the Layer 2 world has change into crowded with main cryptocurrency firms, together with Coinbase, launching their networks and gaining giant group adoption.
Because of this, Layer 2 networks now deal with the vast majority of Ethereum’s exercise: out there information means that round 89% of blockchain transactions happen on these platforms.
Nonetheless, some critics argue that this enlargement may very well be detrimental to Ethereum in the long term: These networks have already pushed blockchain community charges to a three-year low, and it might sign the top of ETH's “ultrasonic cash” story.
