Upbit's GIWA: South Korea's Ethereum Layer 2 Gamble

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

Categories:

Crypto Giant Upbit Just Launched GIWA: Can This New Ethereum Layer 2 Blockchain Put South Korea on the Web3 Map? Upbit, South Korea's largest crypto exchange, is betting big on its new Ethereum Layer 2 network, GIWA, designed to boost transaction speeds and cut costs using Optimistic Rollups. But with centralization concerns looming, can GIWA truly decentralize and propel South Korea to the forefront of global crypto innovation, or will it become just another centralized exchange play? Hosted on Acast. See acast.com/privacy for more information.