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Morph L2 launches mainnet on Ethereum

Morph L2 launches mainnet on Ethereum

Morph Labs has officially launched its mainnet, an event the team described as significant milestone aimed at making blockchain accessible.

Image of Sahil ThakurSahil ThakurNews

Oct 31, 2024

Written By Sahil Thakur

Author: Sahil Thakur

Written On: Thu, 31 Oct 2024 03:57:16 GMT

Morph Labs has officially launched its mainnet, an event the team described as significant milestone aimed at making blockchain technology more accessible to the everyday user. This move brings Morph closer to its vision of a single, user-friendly hub where developers can create consumer applications that appeal to a broad audience. As the platform transitions from testnet to mainnet, Morph is setting the stage for what it calls the “consumer layer” — a framework designed to support mainstream blockchain adoption.

  • During its testnet phase, Morph achieved substantial traction:
    • Over 6 million unique wallet addresses engaged with the platform.
    • 100 million+ transactions validated the network’s stability and performance.
    • More than 200 projects began building on Morph, highlighting demand for consumer-oriented blockchain solutions.
    • The community has grown to over 1 million members, showing strong support for Morph’s mission.

Morph’s mainnet aims to differentiate itself by focusing on a comprehensive builder ecosystem. Alongside advanced technology such as optimistic and zero-knowledge rollups for performance and EIP-4844 integration for cost efficiency, Morph offers resources to developers through a unique support network. This includes direct access to major exchanges via its Centralized Exchange Coalition, funding opportunities through a Venture Capital Alliance, and extensive support for project incubation, marketing, and technical guidance.

According to Morph Labs, blockchain innovation has been hindered by limited accessibility for regular users. The Morph mainnet’s launch seeks to change that by enabling developers to create applications that appeal to non-technical audiences. With these tools in place, Morph aims to empower builders to drive blockchain’s transition into the mainstream and fulfill the promise of blockchain for everyday users.

Their CEO, Cecelia Hsueh, posted a video on X outlining the key highlights of the launch.

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