Waves founder Sasha Ivanov is preparing for the 'end game for layer-2 scalability' with the launch of a new blockchain protocol called Units. At the Future Blockchain Summit in Dubai, Ivanov discussed how the Units project aims to address interoperability issues in the Web3 space, set to debut in October. Ivanov highlighted concerns about current blockchain vulnerabilities, citing major hacks on cross-chain bridges like Wormhole and Ronin resulting in nearly $1 billion in losses in 2022. He emphasized the need for a comprehensive solution to ensure all chains are interoperable without centralized bridges. Ivanov introduced Units as a protocol that inherently enables interoperability among blockchains by aligning economic guarantees across layers. He stressed the importance of interoperability for decentralized finance, proposing the development of cross-chain DApps on Units. Ivanov expressed optimism for future projects within the ecosystem, offering grants to support their launch. Read more AI-generated news on: https://app.chaingpt.org/news