Conduit + Guru Network=Collaboration Continues

Guru Network deployed an Optimistic Rollup with Conduit on Base Sepolia. L3 on Base Sepolia means enhanced scalability, security, and cost-efficiency to Guru Network ecosystem

Conduit + Guru Network=Collaboration Continues
Conduit + Guru Network=Collaboration Continues

Guru Network Teams Up with Conduit: A New Era of Blockchain Scalability on Base Sepolia

In an exciting development for the blockchain community, Guru Network has successfully deployed an Optimistic Rollup in collaboration with Conduit on the Base Sepolia network. This strategic move marks a significant milestone, as Guru Network becomes an L3 on Base Sepolia, bringing enhanced scalability, security, and cost-efficiency to the ecosystem. Let's dive into the details of this game-changing collaboration.

The Deployment: Optimistic Rollup on Base Sepolia

With the power of Conduit, Guru Network has launched an Optimistic Rollup on Base Sepolia, a Layer 2 (L2) scaling solution that has now evolved into a Layer 3 (L3) on the Base network. The rollup introduces $GURU as its native token, which is already live on Base Sepolia with the address: 0x210e8d28e702486230a1b575d638b5f34f9C73A7. This deployment signifies a leap forward in blockchain technology, offering users lower transaction costs, higher throughput, and enhanced security.

The previous chain has migrated to a new explorer - Guru Sepolia Explorer (old explorer is available at Guru Network Alpha Scan). The team at Guru Network plans a smooth transition, with all balances being transferred seamlessly to the new Sepolia network. This ensures that users can continue their activities without interruption, while enjoying the benefits of the upgraded infrastructure.

Why This Collaboration Matters: The Advantages of L3 on Base

By becoming an L3 on Base, Guru Network has unlocked several key advantages:

  1. Cheaper Transactions: The Optimistic Rollup deployed on Base Sepolia drastically reduces transaction costs, making it more affordable for users to interact with the blockchain. This is especially important for those engaging in high-frequency transactions or complex smart contract interactions.
  2. Enhanced Security: Security is paramount in the world of blockchain, and by leveraging the security of the Base network, Guru Network ensures that its users' assets and data are protected. The robustness of Base acts as a strong defense against potential threats, providing peace of mind to all participants.
  3. Higher Throughput: The collaboration with Conduit and the deployment on Base Sepolia allows for significantly higher transaction throughput. This means the network can handle a larger volume of transactions simultaneously, reducing latency and improving the overall user experience.

As part of this deployment on Base Sepolia, we are testing the process of transferring balances between testnets, ensuring a smooth and reliable method for future migrations. This testing phase is crucial for refining our approach, as it will pave the way for seamless balance transfers when we transition to the mainnet. By perfecting these processes in the testnet environment, we're preparing to deliver a secure and efficient experience for all users on the mainnet.

What’s Next for Guru Network?

This collaboration with Conduit and the deployment of the Optimistic Rollup on Base Sepolia is just the beginning. Guru Network is committed to continuous innovation and expansion, ensuring that its users benefit from cutting-edge technology and seamless experiences. The team is actively working on further enhancements and integrations, with a focus on maintaining the highest standards of security, scalability, and efficiency.

Users can look forward to new features, improved performance, and even more opportunities to engage with the Guru Network ecosystem. Stay tuned for more updates as we continue to build the future of decentralized technology!

Join the revolution with Guru Network on Base Sepolia – where scalability meets security, and the possibilities are endless.