In a significant statement, GuardianLink confirmed they are introducing a gas-free layer 2 chain for NFTs. Gas fees are a considerable cost factor in the NFT space and remain a problem that needs working out. Many people believe that until this issue goes away, mass adoption will remain a pipe dream.
However, GuardianLink is now taking active steps to remove gas fees. Working in union with StarkWare, the Israeli-based company, they will utilise their Zero-Knowledge Proofing (ZK Rollup) to onboard the entire GuardianLink community.
Guardian Link adopts gas-free layer 2 ZK Rollup.
ZK Rollups are a privacy-focused Ethereum scaling method on the layer 2 blockchain. In essence, these will enable GuardianLink to remove gas fees entirely, making transactions far less costly. The StarkWare technology will act as the base for the layer two protocol.
The technology allows for interoperable blockchain protocol movement between all major networks, including Solana, Polygon, Avalanche, etc. GuardianLink uses StarkWare’s technology as the foundation to build its Layer 2 protocol.
Notably, Layer 2 also improves transaction speed and enables scaling up for trading and NFT gaming. Although the new NFTs will mint on the layer two blockchains, they still rely on Ethereum as if they were layer 1.
It is an exciting time for GuardianLink, and last week, the company also launched its global NFT gaming marketplace, ‘jump.trade’. The first NFTs on this marketplace are now live.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.