Sony Block Options Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 community designed to speed up blockchain expertise adoption, based on an Aug. 23 assertion.
The layer-2 community—a results of a collaboration with blockchain infrastructure supplier Startale—seeks to bridge blockchain expertise (Web3) with on a regular basis web companies.
This undertaking indicators Sony’s ongoing growth into the digital asset house. Sony Group hinted at launching a crypto alternate in July after buying Amber Japan’s WhaleFin alternate. The tech large plans to rename and relaunch the alternate, though the timeline stays unclear.
Soneium
The community can be designed as a flexible, general-purpose blockchain with aggressive options, mixing parts from leisure, gaming, finance, and different sectors.
Soneium would leverage the Op Stack and Superchain developed by the Optimism Basis. 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 the Astar community, are already becoming a member of the undertaking as launch companions. Astar stated its zkEVM answer would transition into Soneium, and its native ASTR token will play a significant function inside the deliberate layer-2 answer.
Jun Watanabe, Chairman of Sony Block Options Labs, highlighted Soneium’s alternative to introduce blockchain expertise to a worldwide viewers by leveraging Sony’s intensive attain throughout leisure, finance, electronics, and gaming. He emphasised that Soneium will finally combine with Sony Group companies to draw customers unfamiliar with Web3.
Layer-2 networks
Ethereum layer-2 networks are designed to reinforce mainnet scalability and velocity and have seen sustained success not too long ago.
Over the previous 12 months, the layer-2 panorama has grow to be crowded with main crypto corporations, together with Coinbase, launching their networks and scoring large neighborhood adoption.
Because of this, layer-2 networks now deal with most of Ethereum’s exercise. Based on out there information, about 89% of blockchain transactions happen on these platforms.
Nonetheless, some critics argue that this growth may hurt Ethereum in the long term. These networks have already pushed the blockchain community’s charges to three-year lows and will additionally probably sign the top of ETH’s “ultrasound cash” narrative.
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