HashKey Chain is ready to make its debut within the last quarter of 2024, in line with a latest announcement on X (previously Twitter) by the Hong Kong-based digital asset providers supplier, HashKey Group. The submit, captioned “Coming Soon,” was accompanied by a picture revealing that the Ethereum Layer 2 mainnet launch timeline.

Hashkey Chain Launch Timeline

In accordance with the submit on X by Hashkey Chain, the mainnet is ready to go dwell in This fall. Therefore, the launch will be witnessed from October by means of December this yr. On the 2024 Hong Kong Web3 Pageant held in April, HashKey Group revealed its plans to launch an Ethereum Layer 2 community named HashKey Chain.

Furthermore, the community will make the most of zero-knowledge proof expertise to boost the group’s Web3 ecosystem by providing cost-effective, environment friendly, and developer-friendly on-chain providers. Hashkey Chain is poised to launch its testnet inside six months, with the mainnet scheduled to comply with in lower than a yr.

As well as, the event of HashKey Chain is ready to be a collaborative effort involving incubators, entrepreneurship camps, enterprise capitalists, and suppose tanks. Amongst these collaborators are Future3 Campus, ThreeDAO, and HashKey Capital. The initiative goals to offer co-builders with complete incentives, together with help in technical improvement, product technique, useful resource integration, and financing.

Moreover, HashKey Group emphasizes the community’s capability to realize enhanced scalability and price effectivity by means of zero-knowledge proof expertise. Therefore, this expertise is complemented by an in depth developer toolset and a user-friendly blockchain browser, making it simpler for builders to interact with the community.

Safety stays a prime precedence for the mainnet. The corporate plans to contain the neighborhood in safety testing and conduct impartial code audits to make sure a strong and safe platform. The community’s goal is to create a safe and self-regulating surroundings for builders, backed by the platform token, HSK.

About The Ethereum Layer 2 Mainnet

HashKey Chain is predicted to supply a variety of on-chain providers, together with buying and selling, funding, and utility deployment. The community goals to draw a big inflow of customers and property into the Web3 ecosystem, showcasing the transformative energy of Web3 applied sciences.

Powering the Ethereum Layer 2 chain might be HashKey Cloud, a web3 infrastructure supplier and a division of the group. Since 2018, HashKey Cloud has been offering node validation providers to over 80 public chains, demonstrating its experience and reliability within the blockchain house.

In a latest improvement, the group secured the mandatory license in Bermuda to launch a brand new crypto trade, HashKey International, which commenced operations on Monday. This follows a profitable Collection A funding spherical in January, the place the corporate raised almost $100 million. HashKey Group is now making ready for one more spherical of funding later this yr.

The launch of Ethereum L2 Mainnet represents a big milestone for HashKey Group because it continues to develop its footprint within the digital asset providers sector. It can additionally present a scalable, safe, and developer-friendly Ethereum Layer 2 community.

Kritika boasts over 2 years of expertise within the monetary information sector. Presently working as a crypto journalist at Coingape, she has constantly proven a knack for blockchain expertise and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market tendencies. With a eager curiosity in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, expertise, and rising tendencies within the crypto house.

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