Unichain Description
Unichain is an Ethereum L2 optimized for DeFi, and designed to be the home of liquidity across chains. Unichain is an Ethereum Layer 2 platform that focuses on cost-efficiency and liquidity. It offers faster and cheaper transactions, with block times of just one second. It also aims to reduce transaction costs by 20x when compared to Ethereum. It is built on the OP Stack and promotes scalability. Open-source innovations are also promoted, as well as future enhancements such as Provable Block Building. Unichain is a resource for developers and users of the DeFi ecosystem, offering resources to deploy smart contracts and create liquidity pools. Our experience in building the largest decentralized trading platform in the world has informed our design. Unichain is based on the OP stack. Unichain's technical innovations are open source and available to any rollup. A network of full-nodes monitors and validates the actions of the Sequencer, bringing faster transactions to Unichain and more decentralization.
Unichain Alternatives
Hermez
Hermez is an open-source ZK-Rollup that allows for token transfers using Ethereum's wings. It is secure, low-cost, and usable. Hermez seamlessly integrates with the Ethereum ecosystem and allows for low-cost token transfers to create an inclusive economy. High throughput, cost-effective token swaps and transfers. Open-source and decentralized architecture. Secure transactions require computational integrity. Zero-knowledge technology reduces transfer costs, making it easier to access financial services for mainstream adoption. Zero-knowledge-proof technology ensures computation integrity and on-chain data availability while also preserving the public blockchain properties. Hermez's mission to create a secure, resilient, and highly efficient payment network for the next generation digital currencies is to ensure that everyone has the freedom of transacting.
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zkLend
StarkNet's L2 money-market protocol, zkLend, is built on StarkNet. It combines zk-rollup scaleability, superior transaction speeds, cost savings, and Ethereum's security. The protocol offers two solutions: a permissioned and compliance-focused service for institutional clients and a permissionless service to DeFi users. This is all without sacrificing decentralization. zkLend believes that true decentralized finance must be built upon chains that are not only fast, cheap, and scalable, but also secure, decentralized, and secure. zkLend was built on the belief that Ethereum is the best decentralized solution. zk is also the only technology that can scale without compromising the unique properties that make Ethereum so special. StarkNet's L2 money-market protocol, zkLend, is built on StarkNet. It combines zk-rollup scaleability, superior transaction speeds, cost savings, and Ethereum's security. Users will be able deposit their assets into a reserve fund, which will provide liquidity to all money markets.
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Carbon Protocol
Carbon is a cross-chain protocol which acts as a building block to DeFi. Anyone can bootstrap open financial markets on any blockchain, for any asset type, using the Carbon protocol. Carbon powers Demex, a popular and fully decentralized exchange that allows trading of a wide range of financial instruments. Interoperable between blockchains such as Ethereum, Cosmos and BSC. It also powers the PolyNetwork bridge, which allows for true cross-chain liquidity pools. Any DeFi innovation is supported with native support for crypto derivatives, Balancer style liquidity pools, AMMs and on-chain orders books. Cosmos-SDK custom-built and secured by a large network validators through Tendermint PoS to ensure trustless and secure transactions.
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Loopring
Loopring is an open protocol that allows you to build scalable, non-custodial Ethereum exchanges. It leverages zero-knowledge proofs, zkRollup, to allow high-performance trading (high throughput and low settlement cost), without compromising Ethereum-level security guarantees. Throughout the trade lifecycle, users always have 100% control over their assets. Loopring allows you to trade on it. Loopring is an open-sourced and audited non-custodial exchange protocol. This means that no one in the Loopring ecosystem has to trust anyone else. With 100% Ethereum-level security guarantees, cryptoassets can be managed by users. Loopring is a highly scalable, decentralized exchange that batch-processes thousands of requests off-chain. This allows for verifiable correct execution via ZKPs. The performance of the underlying blockchains are no longer the bottleneck. Loopring is able to perform most operations, including order matching and trade settlement, using the Ethereum blockchain.
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Integrations
Company Details
Company:
Unichain
Headquarters:
United States
Website:
www.unichain.org
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Product Details
Platforms
SaaS
Type of Training
Documentation
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Online
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