Omni Network, a new scalable solution for Ethereum, has officially launched its Omni Core mainnet on Tuesday. This is the "base layer" for the Omni Orderflow Engine, designed to unify the fragmented Ethereum Layer 2 ecosystem.
According to the development team, the rapid growth of Ethereum rollup solutions has led to the distribution of over $58 Billion in Total Value Locked (TVL) across more than 40 different networks. This has created significant challenges for both users and developers. Omni Network emphasizes:
"Omni is designed to unify the ecosystem, providing seamless interoperability, allowing users and developers to experience Ethereum as a single, cohesive system."
Omni Core integrates a cross-chain messaging protocol and a custom EVM, enabling the abstraction of cross-chain interactions and providing a seamless user experience. When combined with SolverNet - another key component of the Orderflow Engine - Omni Core ensures transaction validation and optimizes the flow of information between chains.
Initially, Omni Core supports interactions between Ethereum and leading Layer 2s such as Arbitrum, Base, and Optimism, which account for over 90% of the Total Value Locked (TVL). By improving interoperability, Omni aims to drive the development of tools like cross-rollup stablecoins and DeFi products capable of aggregating liquidity from multiple sources.
