The Waves team has launched the Units.Network testnet

by Eve Adams

2 years ago

The developers of Waves have launched the Units.Network testnet, a solution for interoperability between blockchains such as Ethereum, BNB Chain, Solana, and others, as reported by project representatives.

To participate in the testing, it is necessary to set up a node. The technical requirements and installation instructions can be found in the Unit Zero documentation.

Waves serves as the zero layer (Layer 0, L0) for Units.Network. Waves nodes are used to ensure consensus across all Layer 1 (L1) networks, while Units.Network supports interoperability between them, explained the Units.Network developers.

Units.Network Structure

Waves is a blockchain for deploying smart contracts and launching decentralized applications. Its ecosystem includes: the Keeper wallet, DeFi protocols WX Network, Axly, Swop.fi, Puzzle Swap, the mobile game Waves Duck Hunt, and other projects. The WAVES token is traded on Binance, HTX, and Bybit.

Previously, Waves founder Sasha Ivanov gave an interview in which he discussed Units.Network, the Power protocol, the competition between Ethereum and Solana, and the plans for platform development.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Congress Proposes AI Kill Switch Legislation

Congress members propose the AI Kill Switch Act to give the federal government authority to shut down AI models.

Emily Cartera day ago

Frax Governance Discusses Proposal for Early Redemptions from Locked Ethereum Pools

Frax governance is discussing a proposal for early redemptions from locked Ethereum pools with a 4% penalty fee directed to the Frax treasury.

Tomas Novaka day ago

Frax Governance Proposes Morpho Lending Market for bdUSD and frxUSD

Frax governance is discussing a proposal to create a Morpho lending market for bdUSD and frxUSD to enhance stablecoin liquidity and borrowing demand.

Katerina Papadopouloua day ago

EigenLayers Forum Engages in ELIP018 Proposal Discussion

The EigenLayers forum is currently engaged in a debate over the draft proposal ELIP018, which introduces a framework known as RETIRE, aimed at providing a terminal exit route for restakers.

Maya Lundqvista day ago

Uniswap Governance Explores Private Execution Path for Swaps

Uniswap governance is discussing a proposal for an optional private execution path for swaps to enhance user privacy and reduce transaction information exposure.