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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Dormant Bitcoin Wallets Come to Life

chest

Six dormant Bitcoin wallets have moved a total of 55,359 BTC, worth approximately $40.15 million, between August 16 and August 26.

user avatarSatoshi Nakamura

SEC Proposes New Rules for Crypto Custody Regulations

chest

The SEC has proposed new rules to modernize crypto custody regulations for investment advisers and companies.

user avatarJesper Sørensen

US Law Blocks Federal Reserve from Issuing Digital Currency Until 2030

chest

US Congress passed a law blocking the Federal Reserve from issuing a digital currency until 2030.

user avatarRajesh Kumar

ECB Executive Addresses Privacy Concerns of Digital Euro

chest

Piero Cipollone from the European Central Bank addresses privacy concerns regarding the digital euro, emphasizing user privacy and transaction confidentiality.

user avatarLucas Weissmann

Bitcoin Futures Traders Abandon Crypto for Stablecoin Margin

chest

Bitcoin futures traders have largely abandoned using Bitcoin as collateral for their positions, opting for stablecoin-backed positions to avoid risks associated with price drops.

user avatarFilippo Romano

Gold Prices Surge to Three-Month High

chest

Gold prices surged to a three-month high, reaching $4,696.18 an ounce, driven by a weaker dollar and falling Treasury yields.

user avatarEmily Carter

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.