Introducing Ruby Chain — Ruby Protocol’s Layer2 For Abstraction
Ruby Protocol is proud to announce the launch of Ruby Chain, our Layer-2 solution engineered to abstract and streamline Web3 development and user experience.
Ruby Chain represents a monumental leap forward in our mission to create an intent-centric, interoperable, and privacy-preserving infrastructure for the Web3 future. With Ruby Chain, we are building a sustainable ecosystem that caters to developers across diverse use cases. We hope this could be the one that catalyzes the mass adoption of the Ruby Protocol solution.
Core Features and Advantages of Ruby Chain
Developer-Friendly
Ruby Chain is meticulously designed to be highly accessible to developers. It provides an array of sophisticated tools, documents, and an intuitive blockchain browser.
This approach substantially lowers the barriers to entry, allowing developers of all skill levels to engage with blockchain technology. Enhanced development experience and operational convenience are central to our offering, empowering developers to innovate without the steep learning curve traditionally associated with blockchain development.
Building with OP Stack and EigenLayer
Ruby Chain is powered by the OP Stack, the advanced codebase that powers Optimism’s next-generation architecture. The OP Stack comprises a series of interoperable modules that work harmoniously to form coherent, reliable blockchains.
This robust foundation ensures that Ruby Chain inherits the robustness, efficiency, and scalability inherent to Optimism’s architecture, enabling a superior blockchain experience for developers and users alike.
In addition, Ruby Chain L2 addresses data availability capability by leveraging EigenLayer’s data availability infrastructure (EigenDA). This solution significantly reduces users’ transaction costs. EigenDA is highly scalable and employs the novel concept of pooled security through restaking.
Abstraction-Oriented Architecture
In alignment with Ruby Protocol’s overarching vision, Ruby Chain is fundamentally intent-centric.
Our architecture abstracts the conventional complexities inherent to the crypto space, thus delivering a seamless and intuitive user experience. This design philosophy ensures that end users can interact with blockchain functionalities effortlessly without grappling with the underlying technicalities.
By abstracting these complexities, Ruby Chain democratizes access to blockchain technology, making it more user-friendly and widely accessible.
Better Transaction Capabilities
As a Layer-2 solution, Ruby Chain works in tandem with Ruby Protocol, enhancing its transaction capacity and functionality. This results in improved transaction speeds and cost efficiency.
By optimizing transaction processing without altering the core network, Ruby Chain ensures that transactions are nearly instantaneous and highly cost-effective. This capability positions Ruby Chain as a competitor to traditional Web2 solutions, providing a robust platform for high-frequency and high-volume transactional applications.
EVM Compatibility
Ruby Chain’s compatibility with the Ethereum Virtual Machine (EVM) is another advantage for developers.
This compatibility allows for seamless deployment or migration of Ethereum-based decentralized applications (DApps) onto Ruby Chain without necessitating code rewrites. Developers can leverage their knowledge and codebases, facilitating a smooth transition and expanding the potential for innovative DApp development on Ruby Chain.
Ecosystem Alliance and Collaborative Community
Ruby Chain is committed to fostering a vibrant and collaborative ecosystem.
We are now in the process of partnering with incubators, entrepreneurship camps, venture capitalists (VCs), and think tanks to create a dynamic support network for developers. Ruby Chain will offer comprehensive incentives through strategic initiatives that include technical support, product strategy guidance, resource integration, and financial backing. We aim to cultivate a thriving Layer-2 community that encourages collective success and drives innovation.
The Next Step for Ruby Chain
In the next stage of our development, we will announce the launch of the Ruby Chain Developer Bounty Program. This initiative is designed to empower developers and builders to participate in the growth and enhancement of Ruby Chain actively.
The Developer Bounty Program is a unique platform that recognizes the pivotal role of developers in the growth of Ruby Chain. It’s an opportunity for you to showcase your skills and contribute to the development of innovative applications, tools, and services that will shape the future of Ruby Chain. With this program, we aim to:
- Driving Adoption: Incentivizing developers to create innovative applications and tools to increase Ruby Chain’s adoption.
- Encouraging Innovation: Rewarding unique solutions that enhance Ruby Chain’s capabilities.
- Expanding Use Cases: Showcasing Ruby Chain’s versatility through diverse applications.
- Enhancing Functionality: Community-driven development leads to new features and improvements.
- Building a Thriving Ecosystem: Supporting projects to create a rich ecosystem around Ruby Chain.
The Strategic Vision
We want Ruby Chain to redefine how we think about crypto by making blockchain technology more accessible, efficient, and user-friendly. Our focus on developer needs and our commitment to simplifying user interactions and enhancing transaction capabilities positions Ruby Chain as a pivotal player in the next wave of Web3 development and adoption.
We genuinely believe Ruby Chain embodies the future of blockchain technology — seamless, efficient, and effortlessly integrated into everyday applications.
For further details and to become an integral part of our growing community, we invite you to visit our website and engage with us on our social media platforms. Your voice and participation are what make our community thrive.
About Us
Ruby Protocol is an Intent-Centric Chain Abstraction Layer for Web3.
We are building an intent-centric, interoperable, and privacy-preserving infrastructure for Web3 future. Our services, including Account Abstraction (AA), Assets Bridge (AB), Access Control (AC) and much more, are designed to accelerate Web3 development and its mass adoption.
We aim to make Web3 seamless and effortless to everyone everywhere.
