- MIRO and ENIAC partner to combine Bitcoin’s security with scalable Web3 infrastructure.
- The collaboration merges Layer 1 and Layer 2 strengths to power enterprise-grade dApps.
- ENIAC’s modular blockchain and MIRO’s Layer 2 payments aim to redefine decentralized finance.
MIRO, a Layer 2 payment platform powered by Bitcoin, has entered into a partnership with ENIAC Network, a Layer 1 blockchain that specializes in corporate Web3 applications. It is possible that this partnership can significantly change the course of Web3’s foundation because both projects aim at reforming the direction of blockchain development in the years to come. This news was shared via the MIRO official X account.
MIRO Unveils Layer 2 Bitcoin Payments with ENIAC Support
ENIAC Network is a Web3 enterprise blockchain with advanced thinking to manage high-performance applications. The ZKP technology is a significant element of its architecture which supports privacy-centric transactions and it runs on a modular multi chain architecture. With such a forward-looking technology behind it, ENIAC is on the way to becoming a stage able to host a multitude of decentralized applications (dApps) and professional business services.
However, MIRO is willing to increase the functionality of Bitcoin by overlaying a new complete Layer 2 payment framework over the already existing Bitcoin infrastructure. In contrast to a standard Bitcoin application, MIRO allows users to experience quick and cheap transactions with Bitcoin’s superior security. MIRO aims to improve Bitcoin’s transaction capabilities to make it more practical for everyday and business use. It also promotes Bitcoin as a reliable option for remittances and routine payments.
MIRO and ENIAC joined forces to combine their strengths and build a faster, more scalable Web3 infrastructure. The combination of MIRO’s secure payment backbone and Bitcoin augments ENIAC’s complex enterprise-level blockchain ecosystem by bringing an efficient layer to run dApps. It is through this collaboration that ENIAC and MIRO will be in a position to transform decentralized finance, real-time payments, and data-enabled applications for speedy, scalable, and privacy purposes.
A main goal for their collaboration is to evaluate the synergies resulting from combining Layer 1 and Layer 2 blockchain solutions, which are to be evaluated. ENIAC’s Layer 1 blockchain provides the foundations for operation of blockchain applications, whereas MIRO’s solutions in Layer 2 take over improvement of the scalability, and the processing of transactions. The partnership increases speed, scalability, and usability of enterprise level blockchain applications by combining these two layers.
MIRO and ENIAC Lead Layer 1–Layer 2 Convergence Trend
This collaboration also highlights a growing trend in the blockchain industry, where businesses are increasingly looking to combine the strengths of both Layer 1 and Layer 2 technologies. This leads to enhanced performance for blockchain networks, which will allow enterprises to deploy and leverage decentralized solutions. MIRO and ENIAC are collaborating to make blockchain adoption easier, conform to market trends, and offer better performance, especially to businesses.
Moving forward, MIRO and ENIAC plan to announce more new integrations and releases as part of our collaboration. This collaboration marks the right direction for MIRO and ENIAC while moving Web3 infrastructure to an important new stage. With their collaboration abilities, MIRO and ENIAC are putting the blockchain sector on track for quick, secure, and scalable future developments.
With the development of the Web3 environment, the interaction of Layer 1 and Layer 2 platforms is likely to grow the capabilities and functionalities of decentralized applications. MIRO and ENIAC are ready to make major contributions to blockchain technology. As global interest grows, they plan to share more updates on their innovations soon.
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