Lumio plans to launch a Layer 2 solution on Solana that will eventually support “parallel EVM”
On July 23rd, Lumio announced the launch of its multi-virtual machine high-performance Layer 2 solution on Solana's public development network, according to Accesswire. This launch marks an important milestone for Lumio in the field of blockchain scalability, allowing developers to develop on any chain using any virtual machine. The solution aims to address scalability challenges, particularly during network congestion, through faster transactions and lower latency. This is the second implementation by Lumio Chain Collective, following Optimism.
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