Developers
Laika is a high-performance Layer 2 scaling solution built on the Ethereum Virtual Machine (EVM) , designed to address Dogecoin's scalability limitations and unlock new functionalities.
This compatibility enables developers to leverage their existing knowledge and tools to build applications on Laika.
Here's a concise breakdown highlighting the key technical aspects that will attract users:
Faster Transactions and Lower Fees:
Laika enables users to buy, sell, transfer, and use Dogecoin with super fast confirmation speeds (as low as 3 seconds), a significant improvement over Dogecoin's current transaction times.
Transactions on Laika incur lower fees compared to the Dogecoin blockchain, making it more cost-effective for everyday use.
Enhanced Functionality with EVM Compatibility:
Laika is EVM (Ethereum Virtual Machine) compatible, allowing developers to create complex smart contracts for Dogecoin. This opens doors for innovative applications and use cases for Dogecoin that weren't possible before.
Users can leverage these smart contracts to interact with Dogecoin in entirely new ways, fostering a richer ecosystem around the currency.
Dogecoin Remains the Core:
Laika prioritizes Dogecoin. It remains the primary currency for paying transaction fees and interacting with smart contracts on the L2 network.
This design choice ensures Dogecoin stays at the core of the Laika ecosystem.
Laika Token Rewards Validators:
A separate token, Laika Token, incentivizes validators who secure the network by validating and generating blocks.
This reward system helps maintain the smooth operation and security of the Laika network.
Overall, Laika empowers Dogecoin users with:
Faster and cheaper transactions
Access to a world of smart contract applications
Continued prominence of Dogecoin within the Laika ecosystem
Smart contracts allow higher performance decentralized Applications to work on Laika
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