Why?

As the need for blockchain volume increased, and transaction speeds slowed down on current networks like Ethereum, it became apparent that new networks were needed. Furthermore, several unanticipated use cases in crypto have emerged and are using more block space, such as NFTs and GameFi, making future demand unknown for any given chain.

To boost transaction volumes, shorten transaction times, and lower gas costs, rollup scaling methods, like Optimistic and Zero-Knowledge Rollups, were developed. However, scaling Ethereum was the major emphasis of these scaling strategies. The Orbiteum Chain was developed due to the Orbiteum Chain developers' discovery that other EVM chains needed a scaling tool to avoid encountering a similar problem.

Ethereum Chain and its neighborhood are the intended beneficiaries of the Orbiteum Chain. Ethereum has established itself as one of the Layer 1s with the highest throughput in terms of volume and newly developed blockchain projects. The Orbiteum Chain is debuting before the Ethereum network becomes even more crowded and expensive to boost this growth and make sure that projects are not hampered by a slower and more expensive foundation layer. Even now, a typical Ethereum transaction costs about $0.35. (Source: YCharts). Numerous NFT and game projects with huge transaction volumes cannot afford this fee. It is anticipated that a transaction with the Orbiteum Chain Optimistic Rollup will cost approximately $0.0175, or 95% less.

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