Lumio plans to launch a Layer 2 solution on Solana that will eventually support “parallel EVM”
On July 23rd, Lumio announced the launch of its multi-virtual machine high-performance Layer 2 solution on Solana's public development network, according to Accesswire. This launch marks an important milestone for Lumio in the field of blockchain scalability, allowing developers to develop on any chain using any virtual machine. The solution aims to address scalability challenges, particularly during network congestion, through faster transactions and lower latency. This is the second implementation by Lumio Chain Collective, following Optimism.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
