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Polkadot parachain Phala Network launches Ethereum layer-2 network – TON BOT

Polkadot parachain Phala Network launches Ethereum layer-2 network

Phala Network, a Polkadot parachain, has launched a layer-2 rollup protocol on Ethereum in partnership with Succinct Labs and Conduit. This technology integrates optimistic and zero-knowledge proofs for increased scalability and efficiency. The move reflects the growing interest in layer-2 solutions on Ethereum, despite concerns about fragmented liquidity pools.


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