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Hermez network News and Articles



Hermez network launch

Ethereum Layer 2 Solution Hermez Network Launches

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Layer 2 scaling solution for Ethereum environment, Hermez Network which offers cost-effective activities, went live on the Ethereum mainnet at 9:30 AM UTC. Now the medium gas fee for a transaction on Ethereum is about $16. Hermez's work suggests 90% savings, so the cost will be reduced to $1.5. The...

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