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<figcaption>Layer2 Network PGN: New Cross-Chain Bridge Design to be Launched Next Week</figcaption>
2023-07-16 03:05
Odaily News: The Layer2 network Public Goods Network (PGN) based on OP Stack has announced that its new cross-chain bridge design may go live next week.



Earlier on July 7th, Gitcoin published an article introducing the Layer2 network Public Goods Network (PGN) based on OP Stack.



It is reported that PGN is a highly composable EVM-compatible Rollup and plans to use a majority of the sequencer's net revenue to support the Ethereum ecosystem and other public goods.



Currently, the deployment and infrastructure of PGN are ready for testing, including the cross-chain bridge, transaction view, block explorer, and core infrastructure. After 6 months of mainnet launch, the network will assess and allocate fees based on accumulated impact data, enabling participation in the network alliance to collaborate and determine the distribution of sequencer fees. PGN commits to at least two years of experimentation, allowing partners to run Dapps on PGN to support public goods funding.