Gnosis Chain to Abandon Its Validator Set and Settle to Ethereum
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Gnosis Votes To Transition From Standalone Layer-1 To Ethereum Layer-2
BitcoinWorld Gnosis Votes to Transition from Standalone Layer-1 to Ethereum Layer-2 Gnosis, the blockchain network known for its prediction market platform and the GNO token, is set to abandon its standalone layer-1 chain and migrate to an Ethereum layer-2 network. The decision follows the approval of a governance proposal by GnosisDAO, marking a significant strategic shift for one of the earlier Ethereum-based projects that had launched its ow…
Gnosis Chain to Abandon Its Validator Set and Settle to Ethereum
Gnosis Chain is transitioning from a standalone Layer 1 to an Ethereum-settled rollup and retiring its independent validator set, according to an announcement from Gnosis Chain and a proposal published on GnosisDAO's governance forum. For GNO stakers, the approved direction would unlock roughly... Read the full story at The Defiant
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