@MorphLayer has emerged as a hybrid L2 specialized in consumer payments by adopting BGB as its native token through a strategic partnership with Bitget, set to launch its mainnet in October 2024. @Bantr_fun With a strong user base of 120 million Bitget users and the burning of 220 million BGB out of 440 million (approximately $1B), it aims to build a differentiated PayFi ecosystem compared to existing DeFi-centric L2s. Features include: - Ultra-low fees 0.001 gwei L2 base fee, on par with Optimism - Hybrid security model 48-hour challenge period and optional ZK proof generation - SP1 zkEVM implementation One-round fault proof utilizing Succinct's proof system - Decentralization plan Tendermint consensus and BLS signatures to be introduced after the Petra upgrade And more. Morph Layer presents a new model for blockchain infrastructure adoption, going beyond just another @ethereum solution, through strategic alignment with its existing user base and a clear utility focus. The...
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