HashKey Group, a prominent player in the digital asset space, has officially launched the mainnet of its Ethereum Layer-2 blockchain, HashKey Chain. This significant milestone follows a successful testnet phase that saw over 860,000 wallet addresses registered and more than 24.72 million transactions processed.
✨ HashKey Chain Mainnet is LIVE! 🎉
Powered by OP-Stack, HashKey Chain is an Ethereum Layer-2 blockchain built for speed, low fees, and seamless developer experiences. 🌐
Bridging Web2 & Web3, we’re unlocking innovation with BTCFi, RWA, stablecoins, PayFi, and more.… pic.twitter.com/E1IIqT06XO
— HashKey HSK (@HashKeyHSK) December 18, 2024
HashKey Chain is designed to address the scalability limitations of the Ethereum network by offering faster transaction speeds and lower fees. Leveraging the latest OP-Stack and Rollup technology, the blockchain aims to deliver a seamless user experience and support a wide range of decentralized applications (dApps).
During the testnet phase, HashKey Chain demonstrated impressive performance, achieving a peak transaction throughput of 400 transactions per second (TPS) and gas fees as low as 0.1 gwei. These figures highlight the potential of HashKey Chain to significantly improve the efficiency and accessibility of the Ethereum ecosystem.
The launch of HashKey Chain is a significant development for the broader blockchain industry, particularly in the Asia-Pacific region. As the demand for scalable and efficient blockchain solutions continues to grow, HashKey Chain is well-positioned to become a major player in the Layer-2 landscape.
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