High Transaction Fees on Ethereum (ETH) Force Users to Switch to Other Networks!

Ethereum (ETH) Development Company nethermind, Uniswap‘I StarkNetcarried it to. The basic idea here is to make a version of Uniswap available to those who use StarkNet, although it is not dependent on the exchange.

Ethereum (ETH) Development Company Nethermind Moves Decentralized Exchange Uniswap to Ethereum Layer 2 Network StarkNet

In theory, this would make it cheaper for Ethereum (ETH) users to exchange tokens if they are using StarkNet.

Because the network offers lower fees compared to transacting and exchanging on the Ethereum Blockchain.

According to Nethermind team leader Jorik Schellekens, the plugin is still in development, however many more features will be added during the testing phase.

It is quite difficult to migrate projects on Ethereum to StarkNet because Ethereum (ETH) solidity When using the scripting language, StarkNet Cairois using . As a result, the code needs to be translated to work in a different language.

This effort of transitioning Ethereum applications to StarkNet is the core purpose of Nethermind’s Warp project.

Schellekens said that some of StarkNet’s recent improvements have enabled the Warp project to take on more advanced applications, starting with Uniswap.

He also noted that by developing a project as large as Uniswap, Warp itself has matured more, which lowers the barrier to entry for other projects to test StarkNet.

The team leader continued:

“Warp will not be limited to Uniswap. We will continue to work hard on the features and iterate this development with a few more protocols to bring new protocols to StarkNet at full speed.”

While this development regarding the Ethereum Blockchain was taking place, the price of Ethereum (ETH) was trading at $ 1,320 at the time of this writing.

*Not investment advice.

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