Kraken has recently launched Ink Layer-2 on the Ethereum blockchain, thanks to a $58 million grant from the Optimism team. This move aims to improve the scalability and efficiency of transactions on the Ethereum network. With the implementation of Ink Layer-2, users can expect faster transaction times and lower fees, making it easier and more cost-effective to use the Ethereum network. This development is a significant step forward in addressing the challenges of scalability that have been plaguing Ethereum in recent years. The grant from Optimism will help support further research and development in this area, ultimately benefiting all users of the Ethereum network.
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