On Feb 23, crypto alternate Coinbase (NASDAQ:COIN) announced the originate of Outrageous — an Ethereum layer-2 network. The firm claimed that this new network will offer a low-payment, derive, developer-friendly atmosphere for constructing decentralized apps (DApps) on the blockchain.
Per Coinbase, Outrageous is designed to be a bridge for customers into the crypto economy, providing find staunch of entry to to varied L1 ecosystems love Solana and making it interoperable with varied chains. This can additionally provide find staunch of entry to to Coinbase’s merchandise, customers and instruments besides to easy fiat on-ramps and extremely efficient acquisition instruments. The firm talked about it has no plans to peril a new network token.
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