Ethereum founder Vitalik Buterin started staking his own token of the DeFi project Synthetix. This was preceded by the launch of a solution for scaling the Ethereum blockchain called Optimistic Ethereum (OΞ), the first project to connect to which was Synthetix.
As the data from the Ethereum blockchain show, 562 SNX ($ 10,000) were transferred from the address belonging to Buterin to the address of the bridge used to connect Synthetix to the second level.
Optimistic Ethereum pre-launch took place on January 16. The technology is positioned as the first of its kind solution for scaling the main blockchain with the ability to transfer smart contracts between tiers without having to rewrite them. Synthetix, in turn, optimized contracts to work with the Optimistic virtual machine and invited users to experience the benefits of staking at the second level.
Buterin himself actively advocates the use of second-tier scaling solutions as a method of increasing throughput to thousands of transactions per second, which is already available to users.
“If you are an exchange, wallet, mining pool or large user, you should switch to them. For simple transactions, they already work. The problem is to translate all of them. The Ethereum virtual machine will have to wait a little longer to support smart contract applications, ”he said recently.
The SNX token is used on the Synthetix synthesized asset platform and is the 18th largest asset on the market at the time of publication. Today, it has once again updated its own all-time highs above $ 18.
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