cryptocurrency

Boba Grid is now the first L2 level at an avalanche

With the release of the L2 scaling solution on the avalanche, the Boba network became the first Layer 2 multi-chain blockchain. It’s the first time that an avalanche has hit L2 and Boba. It also establishes Boba as the de facto L2 standard for scaling blockchain networks, and gives Avalanche developers an additional, low-fee setup to build advanced applications. EvoVerses dApp is one of the first to be deployed on Avalanche’s Boba platform.

Furthermore, with the release, Avalanche developers will have access to Hybrid Compute, one of Boba’s key features of smart contracts, allowing for simplified integration with Web2 APIs. Developers can create powerful and useful applications by combining blockchain technology, off-chain computing, and real-world data. Boba’s integrated NFT bridge facilitates easy L1 to L2-NFT transfers, making it a useful tool for avalanche projects.

Alan Chiu, founder of Enya Labs, Boba Network’s primary contributor said:

“We are excited to become the first multi-threaded L2 in Avalanche. This partnership enables Avalanche to support more users and transactions, and enables Avalanche developers to build dApps that connect to off-chain APIs. Boba is now synonymous with a Layer 1 scaling that is available whenever and wherever needed .”

Luigi de Honorio DeMeo, Head of DeFi at Ava Labs said:

“By publishing in additional threads, Boba is breaking new ground and bringing Avalanche its first L2 where providing our talented developers with yet another way to make dApps cheap, fast and scalable will only benefit users. We are excited to see how this integration evolves and where the story of Avalanche L2s leads.” .

As Boba strives to make the blockchain ready for widespread use by offering faster and more intuitive solutions, the Avalanche integration is a perfect fit. As a result, Web 3 users will have a similar experience to Web 2 users, but with the added benefits of anonymity, access control, and content ownership. By introducing new alliances, Boba Network hopes to establish itself as the preferred L2 for Layer 1 that needs integrated scalability and Web3-Web2 compatibility.

Bubba is the first L2 Avalanche. Launched in September 2020, the avalanche unleashed a new era of blockchain with near-instant finality of transactions. Today, Avalanche supports more than 500 decentralized applications (dApps), provides customized blockchains for individual applications (called subnets), and secures billions of dollars in value with little environmental impact.

As a dApp launch partner for the Avalanche integration, Boba Network will host EvoVerses, a P2E turn-based strategy game where players may receive rewards for their time and effort. Powered by Unreal Engine 5, EvoVerses 3D will make great use of the pre-built Boba Bridge, API calling capabilities, and hybrid arithmetic. On Avalanche’s Boba Network L2 popular DeFi tools provider Sushi Swap has introduced its own.

Alevo, founder of EvoVerses said:

“Finding Boba was like finding the secret ingredient to your favorite meal: the perfect combination, the perfect addition. Boba provides us with the scalability, security, and fast transactions we’ve been looking for to scale a real game in the crypto space without sacrificing anything for it and ensuring that transaction fees are Really low profile which is a must in any crypto game! EvoVerses is excited about this partnership and all that will grow from here!”

#Boba #Grid #level #avalanche

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