Robinhood explains building an Ethereum layer-2: 'We wanted the security from Ethereum'
Robinhood has announced its development of an Ethereum layer-2 solution, emphasizing the importance of security derived from the Ethereum network. The platform aims to enhance transaction speeds and reduce costs for users while maintaining the robust security features of Ethereum. By building on layer-2, Robinhood seeks to improve the overall user experience for trading and interacting with decentralized applications. The initiative reflects the company's commitment to integrating blockchain technology into its services.
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