Graph Has Taken A Significant Step Forward By Officially Entering The Final Phase Of Its Layer 2 (L2) Expansion
The much-anticipated L2 migration has begun, ushering in a new era of extended access to Arbitrum Charts. This development is a set of tools designed to simplify the process of moving to Layer 2. This announcement resonates with the crypto community as it highlights The Graph’s commitment to continuous development and improvement. Using the power of Layer 2 technology, the protocol not only keeps up with industry trends, but also reinforces its commitment to user-centric solutions.
The main benefit of L2 migration is the simplification of the work it offers users. With lower gas fees and faster transaction speeds, migrating to Arbitrum Charts is not only more cost-effective, it’s surprisingly fast. This move strategically addresses the ongoing scalability and efficiency issues of the blockchain ecosystem.
One of the standout features is the ability for users to seamlessly convert Graph Token (GRT) or subgraphs to Layer 2 infrastructure. This innovation introduces an unprecedented level of flexibility, enabling individuals to harness the potential of Layer 2 while retaining their existing assets and resources.
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