Back

Upbit to List Fluent’s BLEND Token With KRW, BTC and USDT Pairs

South Korea’s largest crypto exchange said it will add trading for BLEND, the token tied to Fluent, an Ethereum-based Layer 2 network focused on virtual machine interoperability.

Summary

Upbit, described in the source as South Korea’s largest crypto exchange, will list BLEND trading pairs against KRW, BTC and USDT. The token is associated with Fluent, an Ethereum-based Layer 2 (scaling network built on Ethereum) application. According to the source, Fluent is designed to support interoperability between different virtual machines through a hybrid execution architecture, a setup intended to let blockchain applications work across differing execution environments more efficiently.

Terms & Concepts
  • Layer 2: A scaling network built on top of a base blockchain such as Ethereum to improve throughput or reduce costs while relying on the underlying chain for security.
  • Virtual machine interoperability: The ability for different blockchain execution environments to work together, helping applications and smart contracts (self-executing blockchain code) interact across systems.
  • Hybrid execution architecture: A system design that combines multiple execution approaches so a blockchain platform can support different virtual machine environments within one framework.