OKExChain has also expanded its ecosystem of decentralized apps through continued development and a highly successful hackathon. Since its initial testnet launch, OKExChain has seen significant upgrades, including committing to open-source, EVM smart contract development, the realization of OKExChain’s liquidity-mining Farm module, iterations to reduce trading fees, and partnerships with promising development projects such as Waves, Achain and DoraHacks. Recommended AI News : How the Coronavirus Impacted Citizenship by Investment Programmes At this time, the main network will be officially fully launched. During the fourth and final phase, the smart contract virtual machine will be enabled, and OKExChain will be compatible with all projects on Ethereum.
In the third stage, following the validators’ proposal-vote process, the transaction function will be enabled, and users can withdraw their OKT from OKEx to OKExChain. It will then transition to the second stage, which will involve continued mainnet stability testing to ensure its safety and reliability.
OKExChain will be rolled out in four stages, starting with the Genesis stage from Dec. After more than 10 versions of iterative updates on the testnet and exhaustive development over the past three years, this vision has come to fruition. Unlike other exchange chains, OKEx wanted to embody blockchain’s core qualities of openness and decentralization in OKExChain. OKEx, a world-leading cryptocurrency spot and derivatives exchange, is thrilled to announce the official launch of the OKExChain mainnet.