JasmyChain, a new player in the blockchain space, has officially launched its mainnet, promising to enhance the performance of AI and Web3 applications. Developed by Tokyo-based JasmyLab Inc., this EVM-compatible Layer 2 solution aims to tackle the challenges of transaction costs and scalability faced by developers on the Ethereum mainnet. The publication provides the following information:
Introduction of JASMY Token
Built on the Arbitrum Orbit framework, JasmyChain introduces JASMY as its custom gas token, effectively replacing ETH for transaction fees. This strategic move is designed to streamline operations and reduce costs for users. The mainnet migration was completed after rigorous testing, which included scenarios with high transaction volumes to ensure the network's reliability under real-world conditions.
Architecture and Benefits
JasmyChain's architecture is specifically tailored to support applications that demand high transaction throughput, making it an attractive option for developers in the AI and Web3 sectors. By utilizing Layer 2 technology, the network not only lowers transaction costs but also allows developers to seamlessly integrate existing Ethereum tools and frameworks, fostering innovation and growth in the blockchain ecosystem.
The recent Fusaka upgrade has significantly enhanced Ethereum's performance, contrasting with JasmyChain's launch aimed at improving AI and Web3 applications. For more details, see Fusaka upgrade.
