• 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

9 months 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

Challenges Facing the Growth of USDT Payments

chest

Despite rapid adoption, USDT faces regulatory scrutiny and user experience challenges that need to be addressed for mainstream acceptance.

user avatarNguyen Van Long

Amazon Withdraws from Fermi's AI Data Center Project

chest

Amazon has withdrawn from discussions to become the first tenant at Fermi Inc's AI data center in West Texas, affecting the company's stock and future plans.

user avatarMaria Gutierrez

JPMorgan Forecasts $14 Trillion Stablecoin Demand by 2027

chest

JPMorgan forecasts an addition of $14 trillion in stablecoin demand by 2027, potentially alleviating market pressure.

user avatarDavid Robinson

Key Takeaways from the $273 Million Private Key Leak Incident

chest

This incident serves as a powerful lesson for crypto holders on the importance of securing private keys.

user avatarAndrew Smith

Hackers Launder $126 Million in Stolen Ethereum After Major Theft

chest

Hackers laundered $126 million in stolen Ethereum immediately after the theft to obscure their trail, complicating recovery efforts.

user avatarJacob Williams

Crypto Whale Loses $273 Million Due to Private Key Leak

chest

A crypto whale lost $273 million due to a private key leak, highlighting the importance of security in cryptocurrency.

user avatarZainab Kamara

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.