Injective and Arbitrum Collaboration Elevates Blockchain Interoperability with Layer-3 Network Launch
Wednesday, 8 May 2024, 20:43
Injective and Arbitrum Enhance Blockchain Interoperability
The collaboration between Injective and Arbitrum has led to the launch of the inEVM Layer-3 network, powered by Arbitrum's Orbit toolkit. This integration aims to bridge the gap between Ethereum, Cosmos, and Solana, offering developers the flexibility to create customizable chains with enhanced compatibility.
Key Points:
- Enhanced Connectivity: The inEVM network enables seamless integration with the Ethereum Virtual Machine (EVM), promoting interoperability across diverse ecosystems.
- Critical Development: Co-founder Eric Chen highlights the importance of this advancement, emphasizing the fundamental principle of interoperability in Injective's ecosystem.
- Economic Sustainability: The Layer-3 network features a burning mechanism for protocol fees, enhancing transaction processing efficiency and supporting a sustainable ecosystem.
This partnership leverages Arbitrum's Orbit toolkit to deliver scalable, secure, and efficient Layer-2 solutions, which play a vital role in the integration process.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.