TechFlow news: Waves founder Sasha Ivanov has announced the release of the Wave Level 2 network whitepaper.
The whitepaper builds upon the L1 Waves economics and consensus, enabling multiple interconnected independent L2s to launch without requiring ZK proofs.
The whitepaper proposes a new strategy for enhancing blockchain scalability by extending the consensus mechanism and reusing economic incentives. By leveraging the main blockchain layer's consensus, it simplifies and improves the efficiency of subsequent layers, enabling cross-network interactions and ensuring secure communication across different layers.
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