Official investment reports and announcements from Omni Foundation

Omni Core Mainnet Launched to Address Ethereum Fragmentation with Seamless Transactions

Dec 17, 2024, 02:19 PM

Omni Foundation has launched its Omni Core mainnet, marking a significant milestone in addressing Ethereum's fragmentation issue. The launch aims to fulfill Ethereum's original vision of a unified, composable, and accessible financial network. Omni's mainnet, featuring a novel blockchain design, enables users to interact seamlessly across different blockchain networks, including Ethereum L1, Arbitrum, Base, and Optimism, with transactions processed in less than a second using cross-L2 messages. The initiative has garnered support from various stakeholders within the crypto community, including venture capital firms and developers, some of whom have raised over $100 million. Omni is also encouraging community participation through its Declaration of Unity, which can be signed on-chain to pledge support for a unified Ethereum ecosystem.