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Blast Shuts Down Its Layer 2 Network and Directs Users to Recovery Site

(1 hour ago) · 1 source · Summarized by CryptoBipto

Blast, a Layer 2 blockchain network, has shut down its operations. The project is directing users to a recovery site to retrieve any remaining funds or assets from the network.

WHY IT MATTERS

A Layer 2 network is like an express lane built on top of a main blockchain (in this case, Ethereum) to make transactions faster and cheaper.

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SOURCES

  • thedefiant.io

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