We heard you — taking small actions on the Status app can cost too much in gas.

This is why there’s now a proposal to launch Status Chain, a Layer 2 rollup built on Ethereum!

Head over to our forum to learn more about it and give your feedback: https://discuss.status.app/t/nip-3-launch-of-status-layer-2-rollup-chain/4143

This New Initiative Proposal (NIP) aims at providing a low gas fee environment so that users are not priced out due to congestion during surges in activity.

TL;DR: The proposed Status Chain would be a Layer 2 rollup that is EVM equivalent and based on Ethereum, with a target of 1 cent (or less!) per transaction. It is proposed that the Status Chain could leverage an existing open-source rollup framework that aligns with Status' core ethos and that has a strong bias towards client diversity — as we'd love to integrate our upcoming @ethnimbus execution client with this proposed new L2.

This development would be a big step forward for Status as it would allow us to have a sovereign Ethereum-aligned rollup where app developers could build directly for Status Communities in an environment they are comfortable.

The discussion has already started, and you are encouraged to join it and make your voice heard!

After rounds of feedback, we will formalise proposals before letting SNT hodlers indicate on Snapshot which of the NIP proposals they would like to see prioritised next.

Learn more about the Status NIP process here:
http://discuss.status.app/t/new-initiative-proposal-governance-process/4140