Ah, South Korea’s largest crypto exchange, Upbit-because nothing says “trust us with your digital assets” like a name that sounds like a rejected Pokémon-has unveiled GIWA, its very own blockchain. Built on Ethereum Layer 2 using OP Stack (which, let’s be honest, sounds like something you’d order at a pretentious coffee shop), GIWA promises block times so fast (1 second!) they’ll make your last relationship look like a Tolstoy novel. 🏃♂️💨
And because reinventing the wheel is so 2009, GIWA is fully compatible with Ethereum’s EVM. That means you can migrate your Solidity contracts and tools with all the ease of a college student moving back home after failing their first semester. 🎓➡️🏠
Upbit claims this blockchain will “lower barriers for Web3 entry,” which is corporate-speak for “we’re making it slightly less painful to lose money in new and exciting ways.” To build hype, they even launched a teaser website with a live countdown-because nothing gets the crypto bros salivating like a digital clock ticking down to disappointment. ⏳🤡
The official reveal happened at their developer conference, where attendees were presumably handed complimentary stress balls shaped like Bitcoin charts. 📉🎪
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2025-09-09 10:52