San Francisco, CA / SEAPRWire / July 27, 2021 /– Recently, Mute, a project building solution that make the defi space more accessible and useful to all, has launched a beta version of Mute Switch, their forthcoming DEX platform.
While 2021 has thus far been a banner year for digital finance—and defi in particular—the ascension of this still-nascent sector and the enthusiasm engendered by the significant potential it possesses have not eliminated its flaws. For as long as crypto has been around, pricing and scalability issues, like the two ends of a single pincer, have kept it from realizing more fully the potential it has as a transformative financial instrument.
A mere surface analysis of Ethereum’s recent performance does much to demonstrate how problematic these issues are. While ETH experienced unprecedented growth as the underlying vehicle powering much of defi, the growth was not sustainable primarily due to scalability limits and correlated high gas fees—at times ranging into hundreds of dollars—hamstringing users and pricing others out of the market.
The remedy to this has been sought by building a successive layer on top of the primary blockchain, or what is now considered layer 1. Mute, a project that has set out to make good on the promise of defi for the masses, has just offered a taste of what a comprehensive layer 2 solution to pricing and scaling looks like.
Mute Switch is a DEX exchange platform that is powered by ZK Rollup technology, which has been singled out by Vitalik Buterin as his favorite layer 2 scaling solution. Although the terms can be confusing to the unfamiliar ear, what ZK Rollup tech essentially offers is a secondary, parallel branch to the main blockchain. On this secondary branch there are huge pockets that can fit exponentially more transactions than the original chain can in a given time frame. However, ZK Rollup is intrinsically linked to the original chain, and each pocket of numerous transactions is transposed onto the original chain where it is processed as a single transaction.
The benefits this presents are manyfold. By building a DEX platform powered by this technology, Mute has effectively done away with the problems that have made Uniswap, perhaps the most prominent DEX, at times unusable to many. Because many transactions can be processed instantaneously, congestion is no longer such an onerous burden on users and gas prices will not skyrocket. The Mute Switch platform, by using ZK Rollup technology, is able to operate at a far superior level to level 1 exchanges while maintaining the financial safety of users and offering privacy by default.
While Mute is on the verge of releasing the full version of Mute Switch, in the meantime you can get accustomed to the platform and check out what the future of defi looks like by previewing it here.
About Mute
Mute is a new project in the defi space intent on opening it up to everyone. The Mute ecosystem is powered by the $MUTE token which operates as the gas for Mute Switch. Mute is also a grassroots DAO and, as such, is governed by its community via its VOICE token.
Contact Detail:
Company Name: The Mute Foundation
Contact Person: Media team
Email: Send Email
Country: United States
Website Url: https://mute.io
SOURCE: The Mute Foundation
The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com
Sectors: Top Story, Daily News
SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
Source URL : https://kjnewswire.com/8448/mute-offers-preview-long-awaited-layer-2-dex-set-launch
Monitor phone from anywhere and see what’s happening on target phone. You will be able to monitor and store call logs, messages, social activities , images , videos, whatsapp and more. Real-time monitoring of phones, No technical knowledge is required, no root is required.
It is information for designing a good website. and very useful
https://spshomedesign.com/
İyi ki denk gelmişim dediğim bir site. Aradığım zarafet ve sınıf buradaydı. Özellikle Çankaya escort profilleri çok seçkin.
Hayatımda ilk defa bu kadar seviyeli ve özenli bir hizmetle karşılaştım. Özellikle Ankara escort seçenekleri arasında AnkaraRusModel gibi bir site bulmak büyük şans.
маркетплейс аккаунтов соцсетей https://birzha-akkauntov-online.ru/
маркетплейс аккаунтов купить аккаунт с прокачкой
перепродажа аккаунтов продажа аккаунтов соцсетей
покупка аккаунтов продажа аккаунтов соцсетей
магазин аккаунтов социальных сетей https://prodat-akkaunt-online.ru/
платформа для покупки аккаунтов магазин аккаунтов
купить аккаунт с прокачкой аккаунт для рекламы
Buy accounts Social media account marketplace
Account Store Ready-Made Accounts for Sale
Buy Account Profitable Account Sales
Sell accounts Account Store
Account Buying Service Sell Account
Account trading platform Sell Account
Account marketplace Account trading platform
Account Selling Service Account Buying Platform
Accounts market Database of Accounts for Sale
Online Account Store Buy and Sell Accounts
account purchase ready-made accounts for sale
website for selling accounts profitable account sales
website for buying accounts buy account
account trading platform https://buyaccountsdiscount.com/
accounts for sale find accounts for sale
account trading platform account marketplace
account buying platform profitable account sales
account market buy and sell accounts
ready-made accounts for sale profitable account sales
ready-made accounts for sale buy pre-made account
gaming account marketplace account store
secure account sales website for selling accounts
online account store account purchase
purchase ready-made accounts buy pre-made account
secure account purchasing platform account sale
ready-made accounts for sale account selling service
account selling service account buying service
account trading service account catalog
account trading service online account store
sell accounts account buying service
ready-made accounts for sale social media account marketplace
buy account account sale
website for buying accounts online account store
account trading platform profitable account sales
guaranteed accounts account sale
account exchange top-social-accounts.org
account buying platform https://accounts-offer.org
verified accounts for sale https://accounts-marketplace.xyz/
account catalog https://buy-best-accounts.org/
account market https://social-accounts-marketplaces.live/
account catalog https://accounts-marketplace.live
secure account sales https://social-accounts-marketplace.xyz/
online account store https://buy-accounts.space/
account sale buy-accounts-shop.pro
account trading platform https://accounts-marketplace.art
accounts marketplace https://social-accounts-marketplace.live
purchase ready-made accounts https://buy-accounts.live/
secure account sales https://accounts-marketplace.online
account trading https://accounts-marketplace-best.pro
маркетплейс аккаунтов https://akkaunty-na-prodazhu.pro/
продать аккаунт kupit-akkaunt.xyz
маркетплейс аккаунтов rynok-akkauntov.top
магазин аккаунтов https://akkaunt-magazin.online
маркетплейс аккаунтов akkaunty-market.live
покупка аккаунтов купить аккаунт
маркетплейс аккаунтов https://akkaunty-optom.live
маркетплейс аккаунтов https://online-akkaunty-magazin.xyz
купить аккаунт akkaunty-dlya-prodazhi.pro
маркетплейс аккаунтов соцсетей https://kupit-akkaunt.online
buy facebook account https://buy-adsaccounts.work/
facebook account sale https://buy-ad-accounts.click/
buy facebook advertising https://buy-ad-account.top
facebook ad account buy buy fb ad account
buy facebook accounts for advertising buy-ads-account.work
buy facebook ads manager buy old facebook account for ads
facebook ad account for sale https://buy-ad-account.click/
buying facebook ad account buy aged facebook ads account
buy old google ads account https://buy-ads-account.top
google ads account seller https://buy-ads-accounts.click
buy a facebook account https://buy-accounts.click/
buy account google ads buy old google ads account
buy google ad account https://ads-account-buy.work
buy google ads invoice account https://buy-ads-invoice-account.top
google ads account seller https://buy-account-ads.work
buy google ads agency account https://buy-ads-agency-account.top
buy old google ads account https://sell-ads-account.click
buy aged google ads account https://buy-verified-ads-account.work
buy facebook business manager buy-business-manager.org
sell google ads account https://ads-agency-account-buy.click
buy facebook verified business account https://buy-business-manager-acc.org
buy facebook business account buy verified bm
buy facebook business manager verified buy bm facebook
verified facebook business manager for sale buy-verified-business-manager.org
facebook bm for sale buy-business-manager-verified.org
facebook business manager for sale https://business-manager-for-sale.org/
buy facebook business manager verified https://buy-bm.org/
facebook business account for sale verified-business-manager-for-sale.org
facebook bm for sale https://buy-business-manager-accounts.org
tiktok ads agency account https://buy-tiktok-ads-account.org
tiktok agency account for sale https://tiktok-ads-account-buy.org
tiktok ad accounts https://tiktok-ads-account-for-sale.org
buy tiktok ads accounts https://tiktok-agency-account-for-sale.org
buy tiktok business account https://buy-tiktok-ad-account.org
tiktok ads account for sale https://buy-tiktok-ads-accounts.org
tiktok ads account for sale https://buy-tiktok-business-account.org
buy tiktok ads accounts https://buy-tiktok-ads.org
tiktok agency account for sale https://tiktok-ads-agency-account.org