Costs for creating and exchanging NFTs are too damn high, and we realized a while ago that if we were serious about taking @GodsUnchained mainstream we needed a solution. Sidechains suck, and switching away from Ethereum to another blockchain was (and still is) laughable.
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In May we announced our solution for GU, Immutable X: technology developed in partnership with
@StarkWareLtd, the pioneers of STARK zero-knowledge proof systems. Since then, it’s become more and more clear we bet on the right horse. This is how Ethereum wins.Show this thread -
Earlier this month,
@VitalikButerin published a blog post that concluded “the Ethereum ecosystem is likely to be all-in on rollups (plus some plasma and channels) as a scaling strategy for the near and mid-term future”.Show this thread -
On Immutable X, NFT projects and exchanges no longer need to worry about scaling while retaining the security of mainnet Ethereum. Neither users nor developers will need to pay gas costs for minting and exchanging assets. And UX? Major fucking upgrades.
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If you’re interested in learning more about Immutable X, visit our website (link in bio). Lastly, a huge thanks to our community, the
@ethereum,@StarkWareLtd, our investors, and our team. We wouldn’t be here without you. Now let’s go break some ceilings.Show this thread
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Hey I’m building a big NFT project and want to understand your announcement today. Please DM so we can set up a call
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Hallo, the unroll you asked for:
@Immutable: Today we’re announcing that Immutable X, our ZK rollup engine for minting and exchanging NFTs on Ethereum… https://threadreaderapp.com/thread/1318730386822754304.html … Share this if you think it's interesting.
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