• 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

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Ethereum Price Sees Major Reversal but Smart Money Remains Active

chest

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

user avatarGustavo Mendoza

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

chest

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

user avatarRajesh Kumar

Decline in XRP Whale Activity Signals Market Compression

chest

XRP whale activity has significantly decreased, indicating a potential market compression phase.

user avatarMiguel Rodriguez

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.