SINGAPORE, July 10, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for July 11, 2024.
OKX Wallet Now Supported by Solayer
OKX Wallet is now supported by Solayer. This integration enables the OKX Web3 community to connect to Solayer, providing a secure channel for leveraging Solana’s integrated systems through the Solayer network.
To connect to Solayer, users can simply select ‘Connect Wallet’ and ‘OKX Wallet,’ then log into the OKX Wallet via a web extension on Chrome or Firefox.
Solayer is a shared validator network that secures Solana-integrated systems. It focuses on decentralizing Solana by allowing stakers to secure network bandwidth and transaction throughput for their favorite applications. Solayer leverages Solana’s economic security and premium execution as a decentralized cloud infrastructure to enable a higher degree of consensus and blockspace customization for application developers.
Solayer employs a two-pronged approach:
- Restaking: Leveraging the economic security of SOL to secure other systems
- Shared validator network: Solana-centric networks sharing Solana security and infrastructure
Solana is a Layer 1 blockchain platform that aims to provide high-performance, scalability, and security. It uses a unique combination of technologies, including PoH and Tower Byzantine fault tolerance (BFT), to achieve its impressively high throughput of up to 65,000 transactions per second (TPS).
For more information, please visit the OKX Support Center.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.
OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival and Olympian Scotty James.
OKX also regularly publishes articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.
To learn more about OKX, download our app or visit: okx.com
