The blockchain landscape constantly evolves, and projects must adapt to remain relevant and practical. The community recently passed proposal #85, embarking on an exciting journey: migrating to the Ethereum OP Mainnet. This migration is not just a technical shift; it represents a strategic move to leverage the benefits of a more robust ecosystem.

Why Migrate to Optimism?

The decision to migrate was influenced by several factors that align with LikeCoin’s vision for the future:

Cost Efficiency: One of the primary motivations for the LikeCoin chain on Cosmos was to circumvent Ethereum's rising gas fees. However, the recent Ethereum Dencun upgrade has significantly reduced transaction costs on Ethereum's Layer 2 solutions, enabling LikeCoin to integrate into this thriving ecosystem.

Enhanced Ecosystem: Ethereum is the most prominent blockchain development platform, offering many applications, tools, and resources. By migrating to Optimism, LikeCoin can tap into a vast network of developers and users, fostering collaboration and innovation.

Improved User Experience: The migration will enhance the user experience for Liker Land and other LikeCoin applications. With the growing popularity of abstract account wallets on Ethereum, new users will find it easier to engage, reducing barriers to entry.

Operational Focus: Moving to Ethereum L2 allows LikeCoin to reduce infrastructure maintenance costs. This enables the team to concentrate on core activities like decentralized publishing and community engagement, ultimately driving growth.

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Supporting Liker Land on Gitcoin

As LikeCoin prepares for this migration, Liker Land, one of the most active Dapps and teams facilitating the upcoming migration, needs your support. Gitcoin provides an excellent platform for funding projects through decentralized contributions.

Contribute to Gitcoin Grants: Visit the Gitcoin Project Page to support LikeCoin’s ongoing funding round. Gitcoin will directly match your contributions. The number of contributions and total amount contributed to the project influences the total amount allocated from the matching pool.

Visit Gitcoin Grants

Join the Nov Monthly Community Call!

Our upcoming community call is on Monday. During this call, you can connect with fellow LikeCoin supporters, share ideas, and ask questions about the latest developments.

Monthly Community Call Details:

• Date: Monday, November 4, 2024

• Time: 10:30 AM GMT

• Join Us: Click here to join the call on Discord

We look forward to seeing you there!