Ethereum

2024

A Hong Kong-headquartered digital asset services provider, HashKey Group, disclosed the upcoming launch of its Ethereum Layer-2 network HashKey Chain on Tuesday at the 2024 Hong Kong Web3 Festival.&nbsp;
In a statement, the company said that the network, which uses zero knowledge-proof technology, aims to grow HashKey’s Web3 ecosystem by providing users with affordable, effective, and developer-friendly on-chain services. Within the next six months, HashKey plans to launch a testnet and its mainnet launch in less than a year.
According to the company, the chain can achieve greater scalability and cost efficiency with zero knowledge-proof technology, which comes with an extensive developer toolset and an easy-to-use blockchain browser.
The company went on to say that security will always come first, and plans call for community involvement in security testing as well as independent code audits. As per the press release, the network’s objective is to furnish developers with a secure and self-regulating atmosphere, supported by HSK, the platform token of HashKey.
HashKey Cloud, a web3 infrastructure provider and a division of the HashKey Group, will power HashKey Chain. Since 2018, the company has offered node validation services to more than 80 public chains.
After obtaining the necessary license in Bermuda, <a href="https://www.cryptotimes.io/2024/04/08/hashkey-launches-global-trading-platform-with-20-currencies/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">HashKey launched a new cryptocurrency exchange on Monday</a> under the name HashKey Global. After closing a Series A funding round in January that raised almost $100 million, it is preparing for another round of funding later this year.
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HashKey Group Plans To Introduce Ethereum Layer-2 Chain

The Crypto Times

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