Wire Network has announced that it has open-sourced its common transaction layer, UTL.
2024-09-04 18:24:29
Wired network team announced open source generic transaction layer (desk3cryptocurrencydesktopCrypto News
The Wire Network team has announced that it has open-sourced the Universal Transaction Layer (UTL), the first blockchain designed specifically for the AI proxy economy, with the aim of opening up "new possibilities" for decentralized AI applications.
The team introduced that Wire Network's UTL enables gas-free high-speed transactions on all chains; unlike many solutions, it allows assets and data to move seamlessly between different blockchain networks without the need for traditional bridges or oracles. Before the mainnet launches, the open-source testnet will attract developers, researchers, and industry stakeholders to explore and contribute to its development.
The team introduced that Wire Network's UTL enables gas-free high-speed transactions on all chains; unlike many solutions, it allows assets and data to move seamlessly between different blockchain networks without the need for traditional bridges or oracles. Before the mainnet launches, the open-source testnet will attract developers, researchers, and industry stakeholders to explore and contribute to its development.
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