GIWA, the Upbit-Backed L2, Addresses RPC Leak Concerns

Rumors regarding a potential RPC (Remote Procedure Call) leak associated with the new Layer 2 project GIWA have recently surfaced, causing unease within some investor circles. The project team has now issued an official statement to address these claims directly.

Official Clarification: Core Infrastructure Is Not Live

In its statement, the GIWA team emphasized that the project's mainnet is still under development and has not been launched. More critically, the RPC services, which act as the crucial interface for applications to interact with the blockchain, have never been deployed or made public.

"A service that does not exist cannot be leaked," the statement clarified, directly refuting the circulating narrative. The team suggested that the information was either based on a misunderstanding of the project's progress or deliberate fear, uncertainty, and doubt (FUD).

Project Status and Background: Currently in Testnet

Public information indicates that GIWA is an Ethereum Layer 2 scaling solution spearheaded by Dunamu, the parent company of the major Korean exchange Upbit. The project's technical profile is clear:

  • Technical Foundation: Built using Optimism's OP Stack.
  • Key Goals: Aims to achieve 1-second block times while maintaining full compatibility with the Ethereum Virtual Machine (EVM) for easier adoption.
  • Current Phase: The project remains in the testnet stage, with the team focused on stability, security, and performance enhancements.

Advice for the Community: Stay Informed and Cautious

Concluding the statement, GIWA reiterated a fundamental principle for crypto participants: always Do Your Own Research (DYOR) and verify information through official channels before engaging with any project.

The team urged users to be highly skeptical of unverified negative news or "exclusive opportunities" circulating online, warning them to guard against potential scams.

This incident highlights how easily misinformation can spread during a project's early phases. Relying on authoritative sources and maintaining patience is crucial for investors navigating this landscape.