Ethereum Developers Propose ‘Economic Zone’ to Tackle L2 Fragmentation
Ethereum developers introduce the Economic Zone framework to unify fragmented layer-2 networks and improve interoperability.
Parachain
A parachain is an independent blockchain that runs in parallel to a main relay chain within a multi-chain network. It relies on the relay chain for shared security, consensus, and interoperability with other parachains. Parachains can be customized for specific use cases such as DeFi, identity, or gaming. They process transactions independently, which helps improve overall network scalability. Communication between parachains is coordinated through the relay chain. Parachains enable specialized blockchains to operate efficiently within a shared ecosystem.