• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Okto Enhances Web3 Through Chain Abstraction with Polygon CDK

user avatar

by Giorgi Kostiuk

a year ago


Okto aims to eliminate Web3 complexities by implementing chain abstraction using Polygon CDK. This solution addresses fragmentation and ensures a seamless user experience.

Launch of Okto Testnet

The launch of the Okto Testnet is a pivotal step towards realizing the vision of true Web3 abstraction. Supported by Zeeve's infrastructure, this network supports over 12 million wallets, 50+ protocols, and handles over $1 billion in monthly revenues. "The launch of the Okto Testnet marks a pivotal leap toward realizing our vision of a truly abstracted Web3," said Neeraj Khandelwal, Co-founder of Okto and CoinDCX.

The launch of the Okto Testnet marks a pivotal leap toward realizing our vision of a truly abstracted Web3.Neeraj Khandelwal

Focus on Polygon CDK

Okto chose Polygon CDK for its scalability without compromising security and flexibility. This solution offers fast transaction speeds and full control over rollup architecture tailoring.

Zeeve Infrastructure for Okto's Resilience

Zeeve's infrastructure ensures reliability and stability for Okto. It includes monitoring, high availability setup, and integration with TraceHawk Explorer, enabling transaction and network activity visibility.

Okto aims to transform Web3 by offering abstraction that reduces complexity and enhances technology accessibility. Support from Polygon CDK and Zeeve strengthens their potential as the backbone of an inclusive and secure Web3.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Rally Sparks Hope for Bullish Rebound

chest

Bitcoin recently traded as high as 73,000, indicating a potential bullish rebound despite being in a bear phase for over six months.

user avatarFilippo Romano

Bitcoin Price Slips Below 73,000 Amid Changing Investor Sentiment

chest

Bitcoin price dipped below 73,000 as investors adjust their exposure amid inflation concerns.

user avatarEmily Carter

Wall Street Firms Build Infrastructure for Institutional DeFi

chest

Wall Street firms are building infrastructure for institutional DeFi, processing over $8 trillion in tokenized repo settlements and enabling on-chain governance for tokenized equity.

user avatarTomas Novak

Ethereum Emerges as Leader in Tokenizing Real-World Assets

chest

Ethereum is becoming the leading platform for tokenizing traditional assets, with significant institutional investment.

user avatarKaterina Papadopoulou

Whale Movement Sparks Brief Relief Bounce for Dogecoin

chest

A significant whale movement of 327 million Dogecoin off Robinhood led to a temporary price bounce.

user avatarLeo van der Veen

Dogecoin's Future Uncertain Amid Cooling Market Trends

chest

Dogecoin's future is uncertain due to a downward trend indicated by its BTC pair, with potential targets around 7 cents, as market analysts highlight the cooling of hype cycles and lack of catalysts.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.