BREAKING
565d 2h ago

Bitcoin Pioneer Jeff Garzik Launches Ethereum-Compatible Layer-2 Hemi Network

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

### Bitcoin Pioneer Jeff Garzik Launches Ethereum-Compatible Layer-2 Hemi Network

Jeff Garzik, a renowned figure in the cryptocurrency space, has unveiled a new layer-2 network called Hemi, designed to be compatible with Ethereum. The Hemi network aims to bring enhanced scalability and efficiency to the Ethereum ecosystem while leveraging Garzik’s vast experience and innovative approach within the blockchain industry.

As the market continues to evolve, Hemi could potentially play a crucial role in facilitating faster and more cost-effective transactions on Ethereum. This development is seen as a significant step toward addressing some of the long-standing challenges faced by the Ethereum network, particularly in the realms of transaction speed and cost-efficiency.

Investors and crypto enthusiasts are eagerly watching how the integration of Hemi will impact $BTC and $ETH, given Garzik’s prominent influence and the network’s promising features.

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