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- Sony introduced its new L2 blockchain atop Ethereum known as Soneium.
- Soneium will use the optimistic rollup know-how and Optimism’s OP Stack.
- Soneium plans to onboard Sony merchandise like Sony Music within the subsequent two years.
Sony, the Japanese tech large, is launching a brand new blockchain known as Soneium. The testnet is about to go stay quickly, as curiosity in blockchain know-how grows and firms look to construct decentralized merchandise.
Sony Block Options Labs, a partnership between Sony Group and Singapore-based Startale Labs, confirmed Friday on launching Soneium, the brand new layer 2 community on the Ethereum community. In line with experiences, this new L2 community will make the most of optimistic rollup know-how.
Optimistic rollups are principally networks that financial institution on the safety and stability of their mum or dad blockchains (on this case Ethereum). This implies they use the mum or dad chain’s consensus mechanism as a substitute of making their very own. Nevertheless, these L2 scaling options increase a blockchain’s scalability by processing transactions off-chain. In consequence, Soneium will permit its customers to transact on Ethereum, at decrease prices.
The report states that Soneium will use the Optimism community’s OP stack, which lets builders construct their very own networks utilizing Optimism’s know-how. Different entities utilizing the OP Stack embrace Coinbase’s Base blockchain and Worldcoin’s World Chain.
Startale Labs CEO Sota Watanabe, additionally the co-founder of Astar Community, confirmed that he will probably be focusing solely on Soneium and stepping again from different initiatives like Astar zkEVM. Sony Block Options Labs acknowledged:
“Astar zkEVM will probably be integrating its property and underlying infrastructure with Soneium.”
Watanabe defined that Soneium’s first-year purpose is to onboard new folks to Web3, “as a result of the know-how and the neighborhood aren’t fairly prepared for mainstream customers but.” Inside the subsequent two years, the Startale CEO goals to carry Sony merchandise like Sony Financial institution, Sony Music, and Sony Photos onto Soneium.
Wanting additional forward, Watanabe plans to onboard not simply Sony however different enterprises and all main decentralized functions onto the blockchain inside three years. Nevertheless, this timeline is versatile, and Sony will actively work on onboarding as many enterprises as doable from the beginning.
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