An OP Stack Rollup build with Conduit and Eigen DA on which you can mine ERC20 Tokens
It's a new way of Distributing token liquidity through mining. Hero Network is a Layer 2 blockchain scaling solution that combines several innovative technologies:
It's built on the OP Stack (Optimism Stack), which is a framework for creating optimistic rollups. It uses Conduit for efficient transaction processing. It leverages Eigen DA for decentralized data availability. Uniquely, it incorporates a mining mechanism for ERC20 tokens, allowing users to mine tokens directly on this Layer 2 solution.
This combination creates a blockchain environment that aims to offer improved scalability and lower transaction costs compared to the Ethereum mainnet, while also providing a novel token distribution method through mining. The inclusion of ERC20 token mining on a Layer 2 solution is particularly interesting, as it brings a Proof-of-Work style mechanism to a scalability-focused platform. This could potentially create new economic models and incentive structures within the Layer 2 ecosystem.
You can bridge to Hero Network Here : https://hero-network-y7kvalrvw2-e876df6785b2ff49.testnets.rollbridge.app/
I have developed a custom Layer 2 blockchain solution with the following characteristics:
You can bridge to Hero Network Here : https://hero-network-y7kvalrvw2-e876df6785b2ff49.testnets.rollbridge.app/
Framework: I have utilized the OP Stack (Optimism Stack) to create an optimistic rollup. Deployment: The rollup was deployed using Conduit, streamlining the setup process. Data Availability: Eigen DA serves as the data availability layer, ensuring decentralized and secure data storage. Settlement Layer: Base Sepolia is employed as the settlement layer, providing a testnet environment for transaction finalization. Custom Mining Mechanism: You've implemented a unique Proof-of-Work style mining system for an ERC20 token. This system works as follows:
Miners attempt to solve for a correct nonce. The solution is verified using a keccak256 hash function. When a correct nonce is submitted, the miner is rewarded with the custom ERC20 token.
This setup combines the scalability benefits of a Layer 2 solution with a novel token distribution method, creating an innovative blockchain environment that could offer interesting economic incentives and use cases.