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Reading: This Blockchain Is Abandoning Its Own Network—It Has Issued an Official Statement Regarding the Switch to Another Network
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Your Crypto News Today > News > Crypto > Blockchain > This Blockchain Is Abandoning Its Own Network—It Has Issued an Official Statement Regarding the Switch to Another Network
Blockchain

This Blockchain Is Abandoning Its Own Network—It Has Issued an Official Statement Regarding the Switch to Another Network

November 4, 2026 1 Min Read
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This Blockchain Is Abandoning Its Own Network—It Has Issued an Official Statement Regarding the Switch to Another Network

The choice is pushed by prices and fragmented liquidity points. In response to the assertion, working Gnosis Chain as an impartial community prices Gnosis DAO roughly $7–10 million per yr.

Associated Information A $75 Million Token Unlock Is Scheduled for Tomorrow on This Altcoin

The objective of the brand new system is to permit a transaction on Gnosis to make the most of liquidity on the Ethereum mainnet throughout the similar transaction. A swap that accesses mainnet liquidity utilizing CoW Swap was additionally demonstrated on the Rollup X testnet, which launched at this time at Devcon.

A big consequence of the change issues the prevailing validator construction. Gnosis has introduced that the present system, consisting of roughly 200,000 impartial validators, is not going to be maintained after the transition.

*This isn’t funding recommendation.

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