Exciting changes are coming to MiL.k, as the platform announces its move to Arbitrum in April to deliver a better user experience. Let’s explore the impact of this migration.
Why the Shift? Understanding Mainnet Migration
MiL.k is transitioning from Luniverse to Arbitrum to overcome scalability issues associated with the current network. Challenges with Luniverse included slow transaction speeds and high costs, necessitating a move to a more scalable solution like Arbitrum for a seamless user experience. Key issues were:
Arbitrum: A New Home for MiL.k
Arbitrum is an Ethereum layer-2 solution that significantly enhances scalability while reducing transaction costs compared to layer-1 networks. It is Ethereum-compatible, ensuring high security. MiL.k chose Arbitrum for these reasons:
Benefits for MiL.k Users
The migration to Arbitrum brings notable improvements for MiL.k users, including faster transactions, reduced fees, enhanced platform responsiveness, and access to the growing Arbitrum ecosystem, offering potential for expanded functionalities and integrations.
The migration to Arbitrum reflects MiL.k’s strategic effort to strengthen its platform, enhance user experience, and unlock future growth opportunities.