New York, NY, December 17th, 2024,
Chainwire
Omni launches Core mainnet to reunify
the $58 billion in TVL scattered across Ethereum rollups,
introducing a fast and secure protocol for cross-rollup
communication as the foundation of the Omni Orderflow Engine.
Omni Network, today, announces the mainnet launch of
Omni Core, the base layer of the Omni Orderflow Engine. Omni Core
comprises a cross-chain messaging protocol and an EVM, secured by
Ethereum through restaking.
The proliferation of Ethereum rollups has caused $58 billion in TVL to be scattered across more
than 40 networks, creating significant challenges for users and
developers alike. Omni is built to reunite the ecosystem,
empowering users and developers to seamlessly interact with
Ethereum as if it were a single unified chain. Today’s mainnet
launch introduces Omni Core, a secure, decentralized, and
low-latency protocol for cross-rollup communication. Core functions
as a key building block to Omni's Orderflow Engine, where Core
works together with Omni’s SolverNet to abstract away any
cross-rollup interaction.
“Ethereum’s rollup-centric roadmap was a necessary step
for scaling, but it left the ecosystem fragmented and
disconnected,” says Austin King, Co-Founder and CEO of Omni
Labs. “With Omni, we’ve built a solution that restores
unity to Ethereum by simplifying cross-rollup interactions and
enabling seamless user experiences. Omni’s mainnet launch is just
the beginning—we’re committed to any action, any chain, in one
second or less.”
Omni Core is built using the Octane framework, a novel open
source protocol architecture that runs separate consensus and
execution environments in parallel. Omni Core immediately supports
seamless interoperability among major Ethereum-compatible networks,
including Ethereum L1, Arbitrum, Optimism, and Base, representing
over 90% of total value-locked across the entire Ethereum
ecosystem.
“Fragmentation has limited the true potential of
Ethereum. Liquidity is spread thin, and users face unnecessary
friction just to move between rollups. Omni changes that,” says
Tyler Tarsi, Co-Founder and CTO of Omni Network.
“By providing cross-rollup communication in less than a second
together with Ethereum-native security, we empower developers and
users to build and interact with Ethereum without previous
limitations. Omni is here to unify Ethereum and unleash its
capabilities.”
Omni’s launch of its Core mainnet introduces an extremely fast
and secure global state layer for the Ethereum ecosystem. It will
serve as the foundation for Omni’s upcoming SolverNet release,
which will abstract away cross-rollup complexities from both users
and developers. Together, Omni Core and SolverNet will create the
Omni Orderflow Engine, allowing users to perform any action on any
rollup in under one second. Ultimately, the Omni Orderflow Engine
will provide a chain abstracted experience for both users and
developers without modifying user behaviors or requiring smart
contract changes.
To learn more about Omni, users can visit https://docs.omni.network/.
About Omni Network
Omni is the abstraction layer for the Ethereum
ecosystem, allowing developers to access all the users and
liquidity across rollups without upgrading their contracts. Backed
by leading investors, including Pantera Capital, Hashed Fund, Jump
Crypto, Two Sigma Ventures, and The Spartan Group, Omni raised $18M
in April 2023 to advance its mission of making Ethereum feel like a
single, unified network for developers and users.
Where to find Omni Network: Website | X
[Twitter] | Discord | Telegram |
Contact
Executive
Patrick
Brendel
C3
patrick@cryptocontent.co