Ethereum Rollup Hermez Network, to Be Used by Tether, Goes Live
Tether and Hermez announced mutual support in January to address the problem of historic Ethereum transaction fees.
The rollup platform from Offchain Labs is going live this week, with over 150 projects having requested early access.
Polygon's co-founder and COO says he works 18-19 hours a day, helping to build a project that will grow alongside Ethereum.
The firm behind the scaling network has “hand-selected” a half-dozen projects to debut this summer.
The network has quietly grown by a factor of two over the past year, with everyday users and major exchanges embracing the scaling technology.
The throughput-boosting Layer 2 project said rushing its mainnet launch could have consequences for unprepared projects.