Kraken’s Layer2 Blockchain Ink Launches Ahead Of Schedule
The post Kraken’s Layer2 Blockchain Ink Launches Ahead Of Schedule appeared on BitcoinEthereumNews.com.
Cryptocurrency exchange Kraken has launched its Layer2 blockchain Ink ahead of schedule. Ink launched on mainnet on Wednesday, fueled by considerable developer enthusiasm and community support. The Layer2 blockchain, built using Optimism’s OP Stack, was initially scheduled to go live in early 2025. Kraken’s Layer2 Blockchain Goes Live Ahead Of Schedule Ink is based on the OP Stack, a highly customizable framework that allows developers to build their own rollups by leveraging Optimism’s technology. The Layer2 blockchain was initially set for launch in early 2025, putting its launch ahead of schedule. According to the announcement, Kraken fast-tracked the launch due to millions of testnet transactions and connected wallets, indicating strong demand. The Layer2 network will now progress towards Stage 1 decentralization, with permissionless fault proofs in January. Andrew Koller, the founder of Ink, stated, “Today is just the beginning for Ink, and now our boldest work really begins – growing Ink. We’re pushing the boundaries of on-chain experiences to unlock new applications and opportunities for builders and users alike. Thank you to the earliest supporters of Ink, who have been overwhelmingly positive. We’re Inking the future together.” Ink also posted an announcement on their official X handle, stating, “We’re excited to announce Ink is live on mainnet! Months ahead of schedule, we’re officially launching as part of the Optimism Superchain. This is just the beginning of our journey to bridge the gap between users and builders in DeFi.” Kraken also agreed to receive 25 million OP tokens worth around $58 million as part of a deal to build on the OP Stack. Optimism has said giving developer grants for participants building on OP Stack is part of its strategy and will contribute towards the wider Superchain ecosystem. Unprecedented Demand According to statements made by Kraken, unprecedented demand from builders and…
