3 weeks ago
Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to make Soneium, an Ethereum Layer-2 web designed to accelerate blockchain exertion adoption, according to an Aug. 23 statement.
The layer-2 network—a effect of a collaboration with blockchain infrastructure supplier Startale—seeks to span blockchain exertion (Web3) with mundane net services.
This task signals Sony’s ongoing enlargement into the integer plus space. Sony Group hinted astatine launching a crypto speech successful July after acquiring Amber Japan’s WhaleFin exchange. The tech elephantine plans to rename and relaunch the exchange, though the timeline remains unclear.
Soneium
The web would beryllium designed arsenic a versatile, general-purpose blockchain with competitory features, blending elements from entertainment, gaming, finance, and different sectors.
Soneium would leverage the Op Stack and Superchain developed by the Optimism Foundation. A testnet volition beryllium launched successful the coming weeks to supply developers with hands-on experience.
Several crypto protocols, including Chainlink and the Astar network, are already joining the task arsenic motorboat partners. Astar said its zkEVM solution would modulation into Soneium, and its autochthonal ASTR token volition play a captious relation wrong the planned layer-2 solution.
Jun Watanabe, Chairman of Sony Block Solutions Labs, highlighted Soneium’s accidental to present blockchain exertion to a planetary assemblage by leveraging Sony’s extended scope crossed entertainment, finance, electronics, and gaming. He emphasized that Soneium volition yet integrate with Sony Group services to pull users unfamiliar with Web3.
Layer-2 networks
Ethereum layer-2 networks are designed to heighten mainnet scalability and velocity and person seen sustained occurrence recently.
Over the past year, the layer-2 scenery has go crowded with large crypto firms, including Coinbase, launching their networks and scoring monolithic assemblage adoption.
As a result, layer-2 networks present grip astir of Ethereum’s activity. According to disposable data, astir 89% of blockchain transactions hap connected these platforms.
Ethereum layer-2 networks (Source: Coinbase)However, immoderate critics reason that this enlargement could harm Ethereum successful the agelong run. These networks person already pushed the blockchain network’s fees to three-year lows and could besides perchance awesome the extremity of ETH’s “ultrasound money” narrative.
The station Sony Group takes plunge into Web3 with caller Ethereum Layer-2 web Soneium appeared archetypal connected CryptoSlate.
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