The Necessity for the Emergence of Layer 2 Solutions

The need for instant finality and low latency has been one major challenge that crypto enthusiasts and investors have been faced with using blockchain networks since the emergence of blockchain networks like Bitcoin, Ethereum and amongst others which are also having similar issues related to this.

This therefore brought about the need for a better blockchain network that would ease these problems and make transactions processes happen seamlessly even with very predictable gas fees.

This has led to the birth of Layer 2 scaling protocols that are built to allow for super cheap fees and fast transactions. A lot of them happen to be on the Ethereum Blockchain and this is because Ethereum so far is the safest Blockchain, security wise. We have Immutable X, Loopring, Nahmii and a whole lot more.

However, amongst all these layer 2 protocols mentioned, Nahmii seems to be quite unique and outstanding because of its peculiarities and unique features for solving the scaling problems of Bitcoin, Ethereum, e.t.c.

What then is Nahmii?

Nahmii is a revolutionary layer 2 scaling protocol for the Ethereum blockchain. It provides high throughput, low latency, and instant finality that is unmatched by other scaling solutions. With Nahmii, blockchains can now scale to meet the needs of commercial use cases. Nahmii ecosystem therefore offers practically limitless horizontal scaling, where each wallet connected to Nahmii have no limit to the number of connections.

Although, while using the Ethereum network, 15 transactions can be made and processed per second. However, there's no limit to the number of transactions that can be made per second when using the Nahmii ecosystem with very cheap and predictable fees. This therefore shows how the need for layer 2 scaling protocols cannot be overemphasized having seen what a layer 2 protocol like Nahmii could offer and bring into DeFi.

Currently, Nahmii is live at this year's ETHDenver with the goal of connecting with developers and industry leaders who share their passion of creating truly scalable, commercial-ready Web3 applications, and just recently have also sponsored bounties at the ETHDenver by giving out $15,000.00 to developers building the best gaming apps on the Ethereum's layer 2.

Moreso, among the current goal of Nahmii, is to onboard more new startups wanting to incubate their projects through SkunkDAO which serves as the fuel behind the Nahmii Dapp ecosystem, by providing funding, resources and advice to developers and communities building scalable applications on Nahmii.

With this recent upsurge in the revolutionary move of Web3 and Layer2 solutions, the signs are becoming more glaring that Web3 and Layer2 solutions are most likely going to be the next big thing in the space this year and joining the Nahmii train now that the project is still very much undervalued and its potentials are still pretty much untapped would definitely be a wise choice, knowing fully well the great returns that lies ahead.

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