October 30, 2024 - Committed to promoting the global adoption of blockchain technology, consumer-grade public chain Morph today announced the official launch of its mainnet on Ethereum. This significant development not only marks a crucial step in Morph's construction of the 'Consumer Layer' but also signifies an expansion of its service scope beyond traditional L2 solutions.
The Morph 'Consumer Layer' directly addresses the fundamental challenges facing the current adoption of blockchain, providing participants in the ecosystem with the ability to transact real-world assets directly. Projects being developed on the Morph platform can seamlessly migrate to the mainnet and continue to expand their technology, further accelerating the growth of the consumer layer.
Morph co-founder and CEO Cecilia Hsueh stated regarding this achievement: 'The launch of the Morph mainnet is an important step towards making blockchain technology accessible to the public. Currently, DApps have not been optimized for everyday users, and Morph is dedicated to changing this situation. This milestone advancement propels our vision of building a decentralized, scalable, and secure on-chain infrastructure, providing developers and users with the necessary tools to build and participate in the next generation of consumer-centric DApps.'
Morph Consumer Network: An Ecosystem of Integrated Technology and Services
Morph's 'Consumer Layer' is a meticulously crafted ecosystem integrating technology, services, and features, blending Optimistic Rollup and ZK Rollup technologies to enhance security and performance. The current adoption of blockchain is hindered by regulatory, scalability, and performance issues, but Morph's latest mainnet launch provides developers with a scalable and secure blockchain experience that is friendly to non-cryptocurrency users, offering limitless potential for the development of consumer blockchain applications.
The launch of the Morph mainnet comes on the heels of the successful Holesky testnet, which introduced key upgrades including the Optimistic zkVM integration of EIP-4844, helping to reduce transaction costs and enabling faster withdrawals through improved cross-chain bridge mechanisms. During the testnet period, we witnessed the registration of over 6 million wallet addresses, the smooth execution of over 100 million transactions, the deployment of more than 200 projects, and the participation of over a million community members.
'We aspire to be the one-stop platform for global developers to build projects and achieve success,' said Morph co-founder and COO Azeem Khan. 'While technological decentralization is crucial, developers often struggle to access the necessary resources when building, launching, and scaling their projects. This is the problem we are committed to solving. It is time to create a truly developer-centric blockchain. This is Morph.'
Morph's Vision: Transitioning from Technical Narratives to Consumer Layer
Morph's vision is to disrupt the traditional blockchain industry, transforming it from a technology-driven niche market into a mainstream practical tool. Unlike other public chains focused on technology, Morph places greater emphasis on the needs and experiences of consumer-grade users. To achieve this goal, Morph provides developers with core resources including funding support, incubation, acceleration, and market strategies, ensuring that consumer needs are always prioritized.
As an integral part of this vision, Morph recently initiated the Centralized Exchange Coalition, uniting several top exchanges including Bitget, HTX, MEXC, and Poloniex to support market promotion, user acquisition, and financing for developer projects. Through this comprehensive support system, Morph is driving the next wave of blockchain innovation.
About Morph
Morph is a global consumer-grade public chain aimed at becoming the distribution center for the resources developers need to build and scale mass-market applications. Morph employs a hybrid technology solution of ZK and Optimistic Rollup, equipped with a decentralized sorting network, offering mainstream users infinite application possibilities.
Morph is committed to being the ideal on-chain choice for consumer application developers, while top cryptocurrency exchange Bitget, as one of Morph's early investors, will continue to collaborate with other investors to shape the future of Morph's consumer-grade ecosystem.
