Phonon Network: a New Scaling Solution for Bitcoin & Ethereum2

When it comes to blockchain scaling, all roads lead to Rome. In other words, there are many routes to take. Notably, another route has just been forged yet via the Phonon Network, a proposed scaling solution for Bitcoin and Ethereum to start with and then further blockchains in the future.

Announced this week by GridPlus co-founder Karl Kreder, the second-layer scaling solution has been designed by the GridPlus team — best known to date for developing the Lattice1 digital safe — as a so-called “hardware enforced off-chain payment system.”

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