Near Foundation and Eigen Labs partner to enhance Ethereum rollups
The Near Foundation and Eigen Labs are joining forces to improve the efficiency and reduce the cost of transactions on Ethereum rollups. The Near Foundation and Eigen Labs have announced a partner ship that stands to significantly enhance the functionality and efficiency of Ethereum rollups . The Near Foundation, known for developing the Near protocol, and Eigen Labs, the creators of the restaking protocol Eigen Layer, are joining forces to address some of the current challenges in the Ethereum (ETH) ecosystem. The core objective of this collaboration is to reduce the cost and increase the speed of transactions on Ethereum rollups . According to official statements, the partner ship is set to achieve transaction times of three-to-four seconds, a notable improvement from current standards. Additionally, this initiative aims to facilitate low-latency communication across rollups, thereby reducing the fragmentation of liquidity between different Layer 2 solutions. You might als