Mentor is a cryptocurrency network and ecosystem that is gaining a lot of attention in the crypto community. The network, which utilizes a technology called Layer 2, promises high scalability and modularity. It recently merged with bit Dao, a decentralized autonomous organization, resulting in an impressive treasury of about 3.7 billion dollars. This treasury is currently the largest among all decentralized organizations in the world. Mentor is also collaborating with various partners, such as gaming accelerator Games7 and Hyperplay, to bring more gaming studios onto the web 3 ecosystem.
The architecture of the Mentor Network is designed to be modular, allowing different functions of the blockchain to be separated into different layers. This helps prevent congestion and allows for greater efficiency. Mentor uses a modular architecture called eigenlayer, which is a leading restaking protocol. This allows even startups to benefit from the security of the entire Ethereum market cap. In addition, Mentor utilizes iconlayer, a data availability solution, to reduce costs and improve efficiency. This collaboration has already resulted in significant cost reductions for gas fees.
Comparing Mentor to other well-known Layer 2 networks like Optimism and Arbitrum, Mentor distinguishes itself by emphasizing collaboration and working closely with other Layer 2 projects. This is in contrast to the competitive nature of Layer 1 networks, which often compete for limited resources. Mentor is using the technology stack of Optimism and is also collaborating with K-Sync Scroll and Polygon. This partnership and collaboration between different Layer 2 networks contribute to the overall growth and development of the crypto ecosystem.
Overall, Mentor is a promising network that aims to revolutionize scalability and modularity in the crypto space. Its merger with bit Dao and collaborations with other projects show its commitment to building a robust and inclusive ecosystem. With its modular architecture and partnerships, Mentor is poised to make a significant impact in the crypto world.
Source : Journal du Coin | Date : 2023-06-14 14:00:33 | Durée : 00:33:51
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