• 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

10 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

Utah Man Sentenced to Three Years for Crypto Fraud

chest

A 54-year-old man from Utah, Brian Garry Sewell, has been sentenced to three years in federal prison for operating an unlicensed cash-to-crypto business and defrauding investors of nearly $3 million.

user avatarDavid Robinson

Implementation Timeline for New Cryptocurrency Reporting Requirements

chest

The Central Bank of Russia has not set a specific deadline for the implementation of new reporting requirements for cryptocurrency transactions. Industry experts anticipate a 12-18 month transition period following the publication of final regulations, allowing banks to develop the necessary systems and procedures for compliance.

user avatarAndrew Smith

Keyrock Predicts Tripling of Onchain Asset Management by 2026

chest

Keyrock predicts that onchain asset management will triple to $36 billion by 2026, indicating growing confidence in onchain trading venues.

user avatarJacob Williams

Status Enhances Participation with Korean Language Tutorial

chest

Status has published a detailed tutorial for Korean participants, enhancing accessibility and engagement in the predeposit campaign.

user avatarZainab Kamara

Status to Launch GasFree Mainnet in Early 2025

chest

Status has confirmed plans to launch its secure, gasfree mainnet in the first quarter of 2025, following the predeposit campaign.

user avatarKofi Adjeman

Status PreDeposit Campaign Offers 35 Million Token Rewards

chest

The Status predeposit campaign features a reward pool of 35 million tokens, including SNT and LINEA, with additional Karma tokens for participants.

user avatarAyman Ben Youssef

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.