Sophon Network
1 storyDesigned as a consumer-focused ZK chain, Sophon Network supports consumer and entertainment applications. Transaction ordering on Sophon Network is handled through a sequencer. Other defining elements of Sophon Network include shared ZK interoperability and account abstraction onboarding. Protocol upgrades and sequencer operation belong under Sophon Network; on Sophon Network, changes to shared ZK interoperability and security events remain in scope if they disrupt consumer and entertainment applications. Company and application news around Sophon Network stays separate; use Sophon Network only when protocol or access rules change.
Abstract to shut down Ethereum Layer 2, users face December 15 withdrawal deadline
Abstract will close its Ethereum Layer 2 network on December 15. Over 400,000 users have only a short window to pull out their funds. The shutdown shows the risks of thin liquidity and weak DeFi for standalone chains.