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Morph Massively Expands In Scope, Introduces the Global Consumer Layer

Morph has created a true consumer layer dedicated to making blockchain applications an enduring reality for everyday users

Morph, a fully permissionless up-and-coming Layer 2 network on Ethereum, introduces its technology as the global consumer layer for driving blockchain adoption for the mass markets. In an era where blockchain’s potential has been heralded as revolutionary, the gap between its promise and mainstream adoption remains significant. While blockchain boasts decentralization, transparency, and security, only 3.9% of the global population interacts with the technology. Morph is here to change that.

Blockchain development has largely focused on niche technical improvements such as transaction speeds and enhanced consensus mechanisms. However, these innovations often do little to address the needs of the average consumer. The result is an industry plagued by complexity, inaccessible to the general public. This wall of complexity won’t be breached by a single superapp; it must instead be countered with a robust, coordinated ecosystem of consumer-friendly blockchain products, such as those Morph provides.

Morph invites developers, investors, and blockchain enthusiasts to be part of its vision:

Morph is the global consumer layer, acting as the distribution hub for the resources builders need to launch and scale for the mass-market. It leverages a hybrid solution of ZK and Optimistic roll-up technology and a decentralized sequencer to enable limitless possibilities within mainstream audiences, making it a user-friendly option for developers who require a chain to build these types of apps. Bitget, the world’s leading cryptocurrency exchange, is an original investor in Morph that will continue to play a role amongst the other investors in shaping the Morph ecosystem.

ContactM Group on Behalf of Morphmorph@mgroupsc.com

This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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