Public blockchain platform Nervos Network has announced the mainnet beta launch of Godwoken.

The layer-2 blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees inside an Ethereum-like surround.

Built upon the existing Nervos layer-ane network, the multichain solution seeks to capitalize on Ethereum's well-documented drawbacks — virtually notably, network congestion, high gas fees and scalability — and benefit from the growing importance of layer-two culling platforms.

This long-continuing roadmap achievement follows last year'south deployment of Forcefulness Bridge, a cross-chain bridge designed to enhance the interoperability of transactions such as those between ERC-20 tokens on Ethereum and its layer-one proof-of-work blockchain protocol, Common Noesis Base.

With both Godwoken and Force Bridge at present bachelor, the attraction for Ethereum developers to transition their decentralized applications (DApp) to Nervos and become early on adopters in the expanding decentralized finance (DeFi) ecosystem is rising. Kevin Wang, co-founder of Nervos, shared his expectations for the hereafter of the project:

"Nosotros are establishing a new blockchain standard that will not only exist a way for people to build dApps across DeFi and sectors on Nervos, but also contribute to the wider blockchain ecosystem, regardless of account model, consensus machinery, and other factors."

Related: Nervos launches Ethereum bridge it says devs tin apply right out of the box

Nervos has revealed that the Godwoken whitelisting program is now open and accepting applications from DApp projects to convince Ethereum blockchain developers to build upon the ecosystem.

Community-based projects scheduled to release in the coming months include YokaiSwap, a mainnet interoperable automated marketplace maker that is expected to facilitate annual percentage yield incentives for yield farmers.