Unichain just launched and what is unichain?

What is Unichain?

Unichain is a fast and cost-efficient Layer 2 blockchain network tailored for decentralized finance (DeFi) applications. Developed by Uniswap Labs, the team behind Uniswap, it offers low transaction fees, excellent scalability, cross-chain compatibility, secure and transparent block validation, and quick block confirmations (just one second).

Built on the popular OP Stack framework, Unichain is an optimistic rollup solution that is fully compatible with the Ethereum Virtual Machine (EVM). It also leverages OP Stack technology, placing it within the Optimism Superchain, a network of rollups built on this tech. Thanks to its Superchain integration, Unichain enjoys seamless interaction with other networks in the ecosystem.

The testnet for Unichain launched in early October 2024, with the mainnet expected to be available soon, as of November 4, 2024.

https://www.unichain.org/