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Sony Launches Ethereum L2 Testnet Minato Amid Legal Battles for Telegram CEO | COINOTAG NEWS

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by COINS NEWS 73 Views

Sony Launches Ethereum L2 Testnet Minato Amid Legal Battles for Telegram CEO | COINOTAG NEWS

In a groundbreaking initiative, Sony Group’s blockchain subsidiary has officially launched the Minato testnet, designed to enhance Ethereum’s layer 2 capabilities. This significant move is propelled by a strategic partnership with the Web3 company Startale, aiming to bolster transaction speeds and lower fees associated with Ethereum transactions. As the testnet unfolds, developers and users alike are keenly observing its impact on Ethereum’s scalability, which has been a longstanding challenge for the ecosystem.

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