Devs introductory program

Offchain Labs, ETHEREUM Layer-2, has announced a partnership with the Arbitrum Foundation to launch a new incubator program called Onchain Labs.

According to March 17 mail By Offchain Labs, the new incubator aims to add current decentralized application offers (DAPP) quickly to support “innovative and experimental” projects.

Offchain Labs said this support will be mainly in the form of advice for the product and going to the market and will not provide engineering or other operating resources.

He also added that although it is possible – there is no guarantee that the investment capital arm, Tandem, will buy any of these distinctive symbols in public markets.

Offichain Labs said that the continuous development of expression over the past few years has seen that it has been growing to become one of the “most performed ecosystems in space”. But now, with the launch of the Onchain Labs, the focus will turn into the creation of the network application scene.

The company said: “Through ONSAIN LABS, we dedicate the resources to support developers who are looking to expand the application layer quickly by disintegration with them from the ground floor to provide the best user’s experiences to expression.”

“With the support of Offchain Labs, we are confident that we will see pioneering applications in the industry uniquely possible in expression.”

However, it is not only about building more applications.

The company also said it will only support projects that are launched fairly. Offchain Labs explained that the last trend of industry towards the launch of zero “stands in a flagrant contradiction with the basic spirit of encryption,” adding that “as an industry, we can-and we must do better.”

You will seek to face this trend by only working with teams that are committed to a fair launch, which she said is “necessary to enhance the alignment of society. There is no reason to prevent all participants in the ecosystem together.”

The rise of the 2S layer creates problems for Ethereum

Arbitrum was one of the first layer 2 (L2S) on Ethereum, but there was an explosion in the new L2 networks since the Dencun promotion from Ethereum last year.

According to To L2BEAT, there are now more than 70 layers 2S and many others on the way. This has created some issues for ethereum, according to some professionals in industry.

The first is to break the ethereum ecological system, where the different DAPS is run on a different layer 2S, which may or not to be interim operation.

“We currently have a lot, the greater the number of L2S, the lower we have an interim operation, we create other problems about the infrastructure,” Vitali Dervoed, co -founder and executive director of Perpetual Exchange Composability Labs, told Cointelegraph in August.

Related to: Digift launches your credit Investco code

He added: “The developers may have good intentions when building the upcoming Blockchain and low gas, easy to use, but in the long run, it leads to counterproductive results because it creates a more fragmented environmental system.”

Another problem is that the low -cost 2 layer such as the base and the definition takes ETAREUM revenues and affects the maximum market limit in layer 1.

It came on the same day that Standard Charted reduced the level of its target price for the year 2025 for ETAREUM by 60 % huge, from $ 10,000 to only 4000 USD, with the head of the bank’s digital asset research, Jeff Kendrick, saying: “We expect ETH to continue its structural decline.”

Kendrick cited the effect of the low -cost layer 2 as the base and the definition as one of the main engines of this decline.

“It was supposed to improve the aircraft in layer 2 of ETH expansion, but we appreciate that the base (the main layer 2) has removed $ 50 billion from the maximum ETH market.”

magazine: ETH may decrease at $ 1.6,000, delay SEC ETFS multiple Crypto, and more: Hodler’s Digest, from 9 to 15 March.