Protocol for Web3 Notifications Encouragement to start its own Layer 1 chain

  • A Layer 1 blockchain with an emphasis on chain abstraction, Push Chain, is being developed by Push Protocol.
  • Sharding, sub-second transaction finality, and abstraction of wallet and gas fees will be important aspects of the chain.
  • Beginning in mid-January 2025, Push Chain’s first testnet will be made available in stages, with the mainnet to follow later that year.

Push Protocol, a blockchain-based notifications project, is creating Push Chain, a Layer 1 blockchain with an emphasis on chain abstraction and creating web3 applications that run on various networks.

Push Chain seeks to solve scalability problems and fragmented user experiences. It is a strategic change for the project, which up until now has functioned as a communication protocol that allows decentralized programs to use cross-chain messages and notifications.

In January 2024, we finished implementing the notification nodes that we had been working on for years. We discovered along the way that our efforts to scale, integrate web3, and provide smooth onboarding for a remarkable customer experience may develop into something far more significant.

According to the team, all of the Layer 1s and Layer 2s might use its future proof-of-stake chain as a single settlement layer. Developers or users will be able to access the wallet state on another chain in that scenario thanks to “universal smart contracts.”

According to the team, the chain will include sub-second transaction finality, sharding, and abstraction of wallet and gas fees once it goes live.

Phased rollout of Push Chain’s first testnet is planned for mid-January 2025, with the mainnet following later in the year.

Jump Crypto led a Series A investment round in 2022 where Push, then known as Ethereum Push Notification Service, raised $10.1 million. With support from Gitcoin co-founder Scott Moore and former Coinbase CTO Balaji Srinivasan, the project raised $1.41 million in seed funding in late 2020.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

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