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, in keeping with 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 providers.
This mission indicators Sony’s ongoing enlargement into the digital asset house. Sony Group hinted at launching a crypto trade in July after buying Amber Japan’s WhaleFin trade. The tech large plans to rename and relaunch the trade, 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 mission as launch companions. Astar stated its zkEVM resolution would transition into Soneium, and its native ASTR token will play a significant position inside the deliberate layer-2 resolution.
Jun Watanabe, Chairman of Sony Block Options Labs, highlighted Soneium’s alternative to introduce blockchain expertise to a worldwide viewers by leveraging Sony’s in depth attain throughout leisure, finance, electronics, and gaming. He emphasised that Soneium will ultimately combine with Sony Group providers 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 yr, the layer-2 panorama has change into crowded with main crypto corporations, together with Coinbase, launching their networks and scoring large neighborhood adoption.
Consequently, layer-2 networks now deal with most of Ethereum’s exercise. In accordance with accessible information, about 89% of blockchain transactions happen on these platforms.
Nonetheless, some critics argue that this enlargement 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 tip of ETH’s “ultrasound cash” narrative.
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