Kraken’s Ink blockchain launches early on mainnet


Kraken exchange has launched its new Layer-2 blockchain, Ink, on the mainnet earlier than expected, thanks to strong community support and developer excitement. Originally set for a 2025 release, Ink is coming out early due to high demand shown by millions of testnet transactions and many connected wallets.

Ink is built on the Optimism Superchain and focuses on decentralization and interoperability. Stage 1 of decentralization is planned to start in January. This stage will add permissionless fault proofs to improve the network’s security and trust. Andrew Koller, the founder of Ink, said that this launch starts a new era in on-chain experiences, looking to create new opportunities for users and developers.

The early launch is due to the solid support from the developer community and builders. Kraken is teaming up with Optimism to improve Ethereum’s scalability. Ink will participate in Optimism’s governance and help develop the OP Stack.

Ryan Wyatt, Chief Growth Officer at Optimism Unlimited, pointed out that Ink’s quick launch shows the team’s dedication and enthusiasm in the developer community, with the goal of bringing in more users and developers to grow Ethereum.

Since it was announced, Ink has quickly attracted more than 100,000 users. Even with challenges earlier this year, like a drop in the OP token’s value and pressures in the ecosystem, Ink’s successful mainnet launch might boost Optimism’s growth and ecosystem connection.

Tags



Source link