LaikaMain
  • About Laika
    • Core Processes
      • Package Generation using ZK Proofs
      • Package Sequencing and Submission on DogeCoin
      • Package and Supply Validations
      • Proof Of Stake Blockchain
      • Chain Halts
    • Tokenomics
    • Roadmap
  • Developers
    • Available Networks
      • Laika Mainnet
      • Laika Testnet
    • Core Contracts
      • Mainnet Deployment Addresses
      • Bridged Assets
    • Laika Multichain Bridge
    • Native Coin
    • Network Fees
    • Smart Contracts
    • Wallets and tools..
    • Validator and Sequencer Node Setup
    • Account Abstraction
    • DAO
    • Resources
  • User Guides
    • Wallet Setup
    • Bridging Doge
    • Account Abstraction
    • Liquid Staking
    • Decentralized autonomous organization (DAO)
    • Delegation
  • More about Laika
    • Why Laika?
    • Architecture
    • Smart Contracts
    • Role of Validators
    • Sequencers
    • Laika Multichain Bridge
    • Account Abstraction
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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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Last updated 8 months ago