Why did Arbitrum choose MXC as the first L3 blockchain?
In the rapid development of blockchain, expansion and optimization have become important issues. Among them, Arbitrum is the leading Ethereum expansion solution, why did it choose MXC as the first L3 blockchain? To answer this question, we first need some background knowledge.
MXC is positioned on the Web3 Internet of Things. After four years of intensive cultivation, MXC has covered 20% of the world's land through its community cooperation in 177 countries around the world. Considering that it mainly covers the whole of Europe and the east and west coasts of the United States, these areas with low population density but important status in terms of technological development and market potential, MXC has established a strong global Web3 network, laying a solid foundation for future development established a solid foundation.
The MXC team has invested three years in technology research and development and product polishing, and has achieved remarkable results, such as landing on many well-known exchanges, including Coinbase, Binance.US, Kraken and OKX. In addition, MXC has also carried out cooperation projects with Deutsche Bahn, Shanghai Yangpu District Government, New York City Government, etc. These successful cases further prove MXC's professional capabilities and deep influence in the field of Internet of Things.
On the other hand, Arbitrum, as the leading solution to expand the block space of Ethereum, its daily transaction volume has exceeded that of Ethereum itself. This shows Arbitrum's strength in expanding the capabilities of the Ethereum blockchain, but it also hints at the challenges it faces: how to use its scaling capabilities to provide opportunities for more L3 applications? On this issue, Arbitrum made a decision: choose MXC as its first L3 blockchain.
MXC's professional capabilities and influence in the IoT field make it an ideal partner for Arbitrum. This choice also shows Arbitrum's emphasis on the IoT space, recognizing that it is an undervalued field with great potential. Different from DeFi and social tracks, only Worldcoin developed by OpenAI founder Sam Altman has sparked heated discussions in the Internet of Things track recently.
In addition, this year's EIP-4844 proposal of Ethereum has given new impetus to the development of the L2 track. Optimism has taken the lead, deploying Coinbase as its first L3 blockchain. In order not to fall behind the competition, Arbitrum followed suit, identifying MXC as its first L3 blockchain. This is not only to see the potential of MXC, but also to prepare for the SDK of Arbitrum's Orbit L3 one-click release chain.
Now, the blockchain industry is undergoing a transformation. Cosmos and Polkadot’s one-click chain issuance is quickly replaced by L3’s various Roll-Up technologies. Due to its strong flexibility and good compatibility, Ethereum's EVM is becoming the first choice for chain issuance. Against such a background, MXC has significant advantages. Its large global coverage and professional capabilities in the field of Internet of Things make it uniquely competitive on the L3 track.
Looking ahead, we can see a new trend: L3 will specialize the corresponding applications and build on various L2s. Such a trend will not only promote the prosperity of the Ethereum ecosystem, but also bring new vitality to the entire blockchain industry.
In the future development, we look forward to seeing more innovations and possibilities to promote the continuous advancement of the blockchain industry.
