Robinhood Launches Layer-2 Testnet for The Protocol

Robinhood has officially launched its Layer-2 testnet, The Protocol, while Citadel supports LayerZero chain and MegaETH prepares for its mainnet.

In a significant advancement within the blockchain sector, Robinhood has rolled out its Layer-2 testnet known as The Protocol. This initiative aims to enhance transaction efficiency and scalability on the platform, reflecting Robinhood's commitment to integrating innovative solutions within the cryptocurrency landscape.

Moreover, Citadel has announced its backing for the LayerZero chain, which is poised to improve cross-chain interoperability. In other developments, MegaETH is gearing up for the debut of its mainnet, positioning itself as a noteworthy player in the Ethereum ecosystem.

Additionally, the Ethereum Name Service (ENS) has decided to halt its plans regarding Layer 2 initiatives, redirecting its focus towards optimizing existing frameworks. As these changes unfold, the cryptocurrency community is keenly observing how these advancements will shape the future of digital assets.