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TechFlow news, according to CoinDesk, dYdX announced it will open-source its code, marking the launch of the exchange's v4 upgrade and the much-anticipated transition from a Layer 2 network on Ethereum to an independent blockchain within the Cosmos ecosystem.
If the proposal is accepted by the community and passes the governance vote led by the dYdX Foundation, the new mainnet—or "main network"—of the blockchain will go live.
dYdX announced it will open-source its code, marking the launch of the exchange's v4 upgrade and the highly anticipated transition from a Layer 2 network on Ethereum to an independent blockchain within the Cosmos ecosystem. If the proposal is accepted by the community and passes the governance vote led by the dYdX Foundation, the new blockchain's main network, or "mainnet," will go live.
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