
Only Layer
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What is Only Layer?
OnlyLayer is a blockchain platform designed to enhance the efficiency, security, and scalability of decentralized applications (dApps). By integrating optimistic rollups and zero-knowledge rollups, OnlyLayer aims to revolutionize blockchain technology, enabling rapid transactions and significantly reducing costs for users and developers.
Key Features
Hybrid Rollup Technology: OnlyLayer combines optimistic and zero-knowledge rollups to facilitate faster transaction processing while maintaining security. Optimistic rollups assume transactions are valid by default, which streamlines the verification process, while zero-knowledge proofs (ZKPs) allow for secure cross-chain communication without exposing sensitive data
Ethereum Compatibility: The platform is fully compatible with the Ethereum Virtual Machine (EVM), allowing existing Ethereum-based applications and smart contracts to operate seamlessly within its ecosystem. This compatibility ensures that developers can leverage familiar tools and frameworks when building on OnlyLayer
High Throughput and Low Fees: By utilizing advanced rollup technologies, OnlyLayer can support high transaction throughput while keeping fees low. This makes it an attractive option for developers looking to build scalable dApps that can handle a large number of users without incurring significant costs
Developer Support: OnlyLayer offers a robust environment for developers, including resources for setting up their development environment with tools like Remix, Truffle, and MetaMask. The platform also encourages innovation through a grant program aimed at supporting promising projects in the blockchain space.
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