Web3 portfolio tracking platform DeBank announced plans to launch the DeBank chain. A testnet has been launched and can be easily used through Rabby Wallet. The mainnet is expected to be launched in 2024.
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We're excited to announce DeBank Chain, aiming to become the Asset Layer for Social!
We're launching the Testnet today and it's planned to roll out the Mainnet in 2024. pic.twitter.com/Do1hwJtPGj
— DeBank (@DeBankDeFi) August 11, 2023
DeBank announces the launch of DeBank Chain
According to DeBank’s Twitter, the DeBank Chain it plans to launch aims to become an asset layer built for social.
The DeBank chain is developed based on OP open source code (OP Stack) and mainly focuses on solving three key issues and maintaining strong security, namely:
Minimize Gas Cost: The consensus mechanism has been modified to reduce the Gas cost of a single transaction by 100 to 400 times.
Provide a native account-like abstraction experience: Integrate account-like abstraction systems and maintain 100% compatibility with current EVM standards.
Ensure the security of L1 assets: The new account system supports the use of L2 private keys for transaction signatures, reducing the usage of L1 private keys to enhance asset security.
How to use the DeBank chain testnet?
If you want to try out the DeBank chain’s test network, the official recommendation is to use Rabby Wallet, a browser plug-in wallet also launched by DeBank.
Rabby Wallet has currently integrated the DeBank chain. You can use it by turning on the testnet function in the "More" option. You can also receive testnet Gas tokens at the top, and you can receive 0.1 US dollars per day.
This article Web3 asset tracking platform DeBank launches DeBank chain! The test network is open for use, and the main network will be launched next year. The post appeared first on Chain News ABMedia.
