Gate launched the high-performance Layer 2 network Gate Layer on September 25, aiming to address the high Gas fees and slow confirmation issues in Blockchain. This network is EVM compatible, supporting fast transactions with low fees, while enhancing the demand and value of tokens through the GT token economic model. The ecological layout of Gate Layer covers multiple products, providing Web3 users with a wealth of participation opportunities, and it is expected to gradually expand into more fields in the future.
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Gate launched the high-performance Layer 2 network Gate Layer on September 25, aiming to address the high Gas fees and slow confirmation issues in Blockchain. This network is EVM compatible, supporting fast transactions with low fees, while enhancing the demand and value of tokens through the GT token economic model. The ecological layout of Gate Layer covers multiple products, providing Web3 users with a wealth of participation opportunities, and it is expected to gradually expand into more fields in the future.