๐ฅ๐ฅ๐ฅ๐๐ก๐๐ฅ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค, ๐ ๐๐จ๐ฅ๐ค๐๐๐จ๐ญ ๐ฉ๐๐ซ๐๐๐ก๐๐ข๐ง, ๐ก๐๐ฌ ๐ฅ๐๐ฎ๐ง๐๐ก๐๐ ๐ข๐ญ๐ฌ ๐๐ญ๐ก๐๐ซ๐๐ฎ๐ฆ ๐๐๐ฒ๐๐ซ-๐ ๐ง๐๐ญ๐ฐ๐จ๐ซ๐ค, marking a significant advancement in Ethereum's rollup infrastructure. This new L2 combines both optimistic and ZK-proof technology, enhancing security and achieving faster finality compared to existing rollups. The move aims to expand Phalaโs reach, offering its cryptographic computing solutions to the largest smart contract network, Ethereum, and addressing growing demand for its services. Additionally, Phala announced the shutdown of its Kusama-based Khala network due to Intel discontinuing SGX-IAS support. As the Ethereum L2 ecosystem continues to grow, traders should monitor Phala's developments and Ethereumโs Layer-2 progress, as these innovations could impact market sentiment and provide profitable opportunities.
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