Oraichain, an AI-powered oracle and Layer-1 blockchain ecosystem, has officially upgraded its Mainnet to version 2.0. According to the official press release, this new upgrade features a Layer 2 rollup solution that will enhance Oraichain’s transaction throughput and its AI oracles functionality.
This milestone comes as a big boost to the Oraichain ecosystem given the platform’s value proposition in combining AI and blockchain technology. At the core, Oraichain seeks to revolutionize the Web 3.0 ecosystem by giving smart contract developers an opportunity to build AI-powered decentralized applications (DApps).
With the Mainnet 2.0 now operational, Oraichain is optimistic of scaling its footprint in Web 3.0 environments such as DeFi and the metaverse. This new upgrade leverages the Cosmos SDK relaying protocols, inter-block communication and bridges to introduce a higher level of interoperability between Oraichain and other blockchain ecosystems.
Furthermore, the customized La
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