Sony Block Options Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 community designed to speed up blockchain know-how adoption, in keeping with an Aug. 23 assertion.
The layer-2 community—a results of a collaboration with blockchain infrastructure supplier Startale—seeks to bridge blockchain know-how (Web3) with on a regular basis web providers.
This challenge indicators Sony’s ongoing enlargement into the digital asset area. Sony Group hinted at launching a crypto trade in July after buying Amber Japan’s WhaleFin trade. The tech large plans to rename and relaunch the trade, though the timeline stays unclear.
Soneium
The community can be designed as a flexible, general-purpose blockchain with aggressive options, mixing components from leisure, gaming, finance, and different sectors.
Soneium would leverage the Op Stack and Superchain developed by the Optimism Basis. A testnet can be launched within the coming weeks to supply builders with hands-on expertise.
A number of crypto protocols, together with Chainlink and the Astar community, are already becoming a member of the challenge as launch companions. Astar stated its zkEVM resolution would transition into Soneium, and its native ASTR token will play a significant position throughout the deliberate layer-2 resolution.
Jun Watanabe, Chairman of Sony Block Options Labs, highlighted Soneium’s alternative to introduce blockchain know-how to a world viewers by leveraging Sony’s intensive attain throughout leisure, finance, electronics, and gaming. He emphasised that Soneium will ultimately combine with Sony Group providers to draw customers unfamiliar with Web3.
Layer-2 networks
Ethereum layer-2 networks are designed to boost mainnet scalability and velocity and have seen sustained success just lately.
Over the previous yr, the layer-2 panorama has turn out to be crowded with main crypto companies, together with Coinbase, launching their networks and scoring huge neighborhood adoption.
Because of this, layer-2 networks now deal with most of Ethereum’s exercise. In line with out there knowledge, about 89% of blockchain transactions happen on these platforms.
Nonetheless, some critics argue that this enlargement may hurt Ethereum in the long term. These networks have already pushed the blockchain community’s charges to three-year lows and will additionally probably sign the top of ETH’s “ultrasound cash” narrative.
