{"id":10305,"date":"2023-11-10T07:40:19","date_gmt":"2023-11-10T07:40:19","guid":{"rendered":"https:\/\/www.fundsspectrum.com\/2023\/11\/10\/blockspot-revolutionizes-blockchain-landscape-with-on-chain-cooperative-model\/"},"modified":"2023-11-10T07:40:19","modified_gmt":"2023-11-10T07:40:19","slug":"blockspot-revolutionizes-blockchain-landscape-with-on-chain-cooperative-model","status":"publish","type":"post","link":"https:\/\/www.fundsspectrum.com\/2023\/11\/10\/blockspot-revolutionizes-blockchain-landscape-with-on-chain-cooperative-model\/","title":{"rendered":"BlockSpot Revolutionizes Blockchain Landscape with On-Chain Cooperative Model"},"content":{"rendered":"
\n
\n

San Francisco, California, United States, 10th Nov 2023 \u2013 <\/strong>BlockSpot, an Ethereum Layer 2 (L2) solution, has transformed the landscape of blockchain technology by fostering a cooperative on-chain environment where users and developers participate and thrive together. BlockSpot has provided a platform for community and cooperative development to create a realm of superior applications and equitable rewards for all participants.<\/p>\n

BlockSpot has empowered developers and users with its innovative concept of the on-chain cooperative. BlockSpot incentivizes scale and collaboration, bolstering that developers enhancing the network and users engaging with it are jointly rewarded by sharing in the success through a direct proportion of the network sequencer profits. This approach encourages growth and aligns everyone\u2019s interests with the network\u2019s overall health.<\/p>\n

BlockSpot is dedicated to efficiency and cost-effectiveness. To achieve this, it has embraced the Optimism Bedrock upgrade, implementing its robust architecture to reduce transaction costs by over 95% compared to Ethereum. This reduction in fees delivers savings for users and underscores BlockSpot\u2019s commitment to providing accessible and sustainable blockchain solutions.<\/p>\n

BlockSpot serves as a bridge for developers entering the Ethereum space, offering a platform for the swift deployment of applications while extending Ethereum\u2019s capabilities without compromising its original vision. Developers familiar with Ethereum\u2019s environment will find a seamless transition to BlockSpot, where they can scale their applications with ease and efficiency.<\/p>\n

BlockSpot\u2019s innovative mechanics are designed to create a more rewarding and equitable environment for both users and builders bolstering that all participants benefit from the platform\u2019s growth.<\/p>\n

For more information and updates, please visit their website.<\/p>\n

About BlockSpot<\/strong>:<\/p>\n

BlockSpot is an Ethereum Layer 2 (L2) solution designed to facilitate a cooperative on-chain environment where users and developers thrive together. It encourages contribution, and rewards participants to make the Ethereum blockchain a catalyst for community and cooperative development. BlockSpot is built in collaboration with Optimism and is dedicated to open collaboration, low fees, and high efficiency.<\/p>\n

Telegram: https:\/\/t.me\/BlockSpotPortal<\/a><\/p>\n

Twitter: https:\/\/twitter.com\/L2_BlockSpot<\/a><\/p>\n

Marketing Partner: Crmoonboy (crmoon)<\/a><\/p>\n

Media Contact<\/h3>\n

Organization<\/b>: Blockspot<\/p>\n

Contact Person<\/b>: Randy Jones<\/p>\n

Website<\/b>: https:\/\/blockspot.tech<\/a><\/p>\n

Email<\/b>: team@blockspot.tech<\/a><\/p>\n

City<\/b>: San Francisco<\/p>\n

State<\/b>: California<\/p>\n

Country<\/b>: United States<\/p>\n

Release Id<\/b>: 1011237619<\/p>\n

The post BlockSpot Revolutionizes Blockchain Landscape with On-Chain Cooperative Model<\/a> appeared first on King NewsWire<\/a>. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

San Francisco, California, United States, 10th Nov 2023 \u2013 BlockSpot, an Ethereum Layer 2 (L2) solution, has transformed the landscape of blockchain technology by fostering a cooperative on-chain environment where users and developers participate and thrive together. BlockSpot has provided a platform for community and cooperative development to create a realm of superior applications and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[],"class_list":["post-10305","post","type-post","status-publish","format-standard","hentry","category-vehement-finance-news-network"],"_links":{"self":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts\/10305"}],"collection":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/comments?post=10305"}],"version-history":[{"count":0,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts\/10305\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/media?parent=10305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/categories?post=10305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/tags?post=10305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}