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Uniswap Just Bet Your Life Savings on Its Own Layer-2 Catastrophe: Meet Unichain – The Ultimate Crypto Trainwreck

A  illustration depicting a train with flames engulfing it, surrounded by cryptocurrency symbols and blockchain networks' logos, conveying chaos and catastrophe.

Just when you thought Uniswap was just a fancy name for ‘I lost my money on Ethereum’, they go and create their own layer-2 blockchain network, because why not? Hayden Adams, the CEO of Uniswarb Labs (the company that’s single-handedly keeping crypto bros employed), has announced the launch of Unichain – an app chain that promises to deliver faster transactions, cheaper fees, and more liquidity across chains. Because what could possibly go wrong with a bunch of smart contracts on top of Ethereum?.

Source: cointelegraph

Uniswap, the most popular decentralized exchange (DEX), has launched its own application-specific layer-2 blockchain network, Unichain, developer Uniswap Labs announced on Oct. 10.  The app chain, which is still on testnet, promises to deliver faster and cheaper transactions and enhanced interoperability across blockchain networks, Uniswap said. “Unichain will deliver the speed and cost savings already enabled by L2s, but with better access to liquidity across chains and more decentralization,” Hayden […]

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