Description
UNIT0 aims to enhance blockchain scalability through Layer 2 (L2) networks, utilizing existing Layer 1 (L1) consensus for efficient transaction processing. This strategic design eliminates the need for independent L2 consensus, which reduces redundancy, cuts costs, and boosts transaction speed, making it ideal for high-traffic applications. Supporting cross-layer data and asset transfers, UNIT0 fosters a scalable ecosystem. The project plans to integrate Zero-Knowledge Proofs for advanced security and verification. Launched in 2024 on the Waves platform, UNIT0 has a total supply of 100 million, with no current circulation. It is traded on two markets, with a daily trading volume between $657K and $1.2M and a price ranging from $0.54 to $0.75, despite recent declines. For more details, visit their website.
UNIT0 aims to enhance blockchain scalability through Layer 2 (L2) networks, utilizing existing Layer 1 (L1) consensus for efficient transaction processing. This strategic design eliminates the need for independent L2 consensus, which reduces redundancy, cuts costs, and boosts transaction speed, making it ideal for high-traffic applications. Supporting cross-layer data and asset transfers, UNIT0 fosters a scalable ecosystem. The project plans to integrate Zero-Knowledge Proofs for advanced security and verification. Launched in 2024 on the Waves platform, UNIT0 has a total supply of 100 million, with no current circulation. It is traded on two markets, with a daily trading volume between $657K and $1.2M and a price ranging from $0.54 to $0.75, despite recent declines. For more details, visit their website.
