- Sony introduced its new L2 blockchain on high of Ethereum known as Soneium.
- Soneium will use optimistic rollup expertise and Optimism's OP Stack.
- Soneium plans to include Sony merchandise similar to Sony Music within the subsequent two years.
Sony, the Japanese tech big, is launching a brand new blockchain known as Soneium. The testnet will launch quickly as curiosity in blockchain expertise grows and firms search to create decentralized merchandise.
Sony Block Options Labs, a partnership between Sony Group and Singapore's Startale Labs, on Friday confirmed the launch of Soneium, a brand new Layer 2 community on the Ethereum community. In accordance with experiences, this new L2 community will use optimistic rollup expertise.
Optimistic rollups are basically networks that depend on the safety and stability of their dad or mum blockchains (Etherea on this case). This implies they use the consensus mechanism of the dad or mum chain as a substitute of making their very own. Nonetheless, these L2 scaling options enhance blockchain scalability by processing off-chain transactions. In consequence, Soneium will enable its customers to transact on Ethereum at a decrease value.
The report states that Soneium will use the Optimism community OP stack, which permits builders to construct their very own networks utilizing Optimism expertise. Different entities utilizing OP Stack embrace Coinbase's core blockchain and Worldcoin.
Startale Labs CEO Sota Watanabe, additionally a co-founder of Astar Community, confirmed that they’ll solely concentrate on Soneium and step again from different initiatives similar to Astar zkEVM. Sony Block Options Labs acknowledged:
“Astar zkEVM will combine its property and core infrastructure with Soneium.”
Watanabe defined that Soneium's objective within the first 12 months is to contain new individuals in Web3, “as a result of the expertise and the group usually are not fairly prepared for mainstream customers but.” Over the following two years, Startale's CEO desires to convey Sony merchandise similar to Sony Financial institution, Sony Music and Sony Footage on Soneium.
Wanting forward, Watanabe plans to haven’t solely Sony however different companies and all main decentralized purposes on the blockchain inside three years. Nonetheless, this timeline is versatile and Sony will actively work to have interaction as many companies as potential from the beginning.
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