Hong Kong-based Hashkey Group officially launched its Hashkey Chain Ethereum L2 mainnet on December 18. The launch follows a successful test phase with over 860,000 wallets registered, around 24.72 million transactions recorded, and participation from over 300,000 community members.
Successful Testing and Launch
The testing phase saw significant address and transaction registrations, indicating the network's readiness for scaling. The mainnet launch was announced on platform X.com.
Technical Features of Hashkey Chain
Hashkey Chain leverages the latest OP-Stack and Rollup technology, providing high performance and low fees. According to Hashkey Chain CEO Kay Lu, this creates a secure and efficient environment for developing decentralized applications.
Impact on the Regional Crypto Industry
The development of Hashkey Chain coincides with growing interest in cryptocurrency and blockchain technology in the Asia Pacific region. On the same day, Hong Kong's Legislative Council considered a bill to regulate stablecoins, and the financial regulator approved several new virtual asset trading platforms.
The launch of the Hashkey Chain mainnet marks a significant milestone for Hong Kong's crypto industry, offering potential for decentralized application development and strengthening the region's position as a tech hub.