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Gnosis Teamed Up With Ethereum Sidechain xDai To Reduce High Gas Fees

Mary Liu

Summary: According to Gnosis' press release, to reduce the cost of transactions on Ethereum, the prediction market tech firm Gnosis has partnered with Ethereum sidechain xDai. Gnosis is bringing its product suite to xDai, including deployments of Gnosis Protocol, Gnosis Safe Multisig and Conditional tokens framework. Gnosis believes xDai, which designed for fast and inexpensive transactions, will provide a developer-friendly environment that remains ...

According to Gnosis' press release, to reduce the cost of transactions on Ethereum, the prediction market tech firm Gnosis has partnered with Ethereum sidechain xDai. Gnosis is bringing its product suite to xDai, including deployments of Gnosis Protocol, Gnosis Safe Multisig and Conditional tokens framework.

Gnosis believes xDai, which designed for fast and inexpensive transactions, will provide a developer-friendly environment that remains practical economic incentives. 

By Mary Liu

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