HashKey Chain mainnet is officially launched to build a compliance-oriented on-chain financial infrastructure

On December 18, HashKey Chain, a public chain launched by HashKey Group, announced that its mainnet has been officially launched. This major progress not only marks a step forward for HashKey Chain in building a compliance-friendly on-chain financial infrastructure that also encourages innovation. A critical step also means the expansion of its service scope beyond traditional L2 solutions.

HashKey Chain relies on OP-Stack technology and is committed to improving transaction speed and reducing handling fees, bringing users a more efficient and convenient transaction experience. OP Stack is an open source development framework that supports the OP main network. It consists of a variety of software components that constitute Optimism's L2 Rollup and is used to create an interoperable L2 blockchain network. It simplifies the construction process of L2 blockchain, allowing developers to customize the L2 network according to their needs, thereby accessing Ethereum and sharing its security and resources.

On November 11, HashKey Chain officially opened its test network to developers and users. During the test network period, more than 24.72 million transactions were completed on the HashKey chain, more than 860,000 wallet addresses were registered, the average block generation time was 2 seconds, and the gas fee was low. By 0.1 Gwei, 50 projects have been successfully deployed, and 300,000 community members have actively participated.

HashKey Chain is an extremely developer-friendly L2 public chain. It supports the Ethereum Virtual Machine (EVM), and developers can easily migrate smart contracts and DApps based on Ethereum. This compatibility greatly reduces the difficulty of development and improves ecological interoperability. As a Layer 2 solution, HashKey Chain expands the network capacity of the blockchain through Rollup technology, making the user experience smoother and providing developers with broader application scenarios. In a laboratory environment, the latest TPS of the HashKey Chain test network can reach 400 tps, which not only achieves the goal of significantly reducing transaction fees and increasing transaction throughput, but also provides users with a more economical and affordable trading environment.

After the mainnet is launched, the HashKey Chain ecology will focus on BTCFi, PayFi, RWA and stablecoins and other tracks, aiming to create a financial infrastructure that connects Web2 and Web3 and a full-stack Web3 solution. This not only reflects the uniqueness of HashKey Chain The competitive advantage also demonstrates HashKey Group’s mission and determination as an industry pioneer.

HSK, the native token of HashKey Chain ecology, has started spot trading on many mainstream exchanges such as HashKey Global, KuCoin, Gate.io, BingX, and MEXC on November 26. HSK is also the ecological currency of HashKey Group and can be used in a wide range of scenarios such as transaction fee discounts within the HashKey ecosystem, exclusive token pre-emption rights, node verification rewards, etc. HSK holders will also enjoy the governance and decision-making rights of the HashKey Chain.

The total supply of HSK tokens is 1 billion, of which 65% is used to support mid- and long-term ecological construction, 30% is allocated to the team, and 5% is used as a reserve fund. In the initial token generation (TGE) stage, the circulation is set to 11%, totaling 110,000,000 tokens, and the rest of the ecological pool will be released linearly within 48 months after TGE. The remaining portion of the ecological pool after TGE will continue to be distributed to community supporters and builders through ecological airdrop incentives, developer Grant plans (Atlas Grant), liquidity incentives, and various business scenarios of HashKey. This method can make the issuance of HSK more transparent and fair, ensuring a long-term and sustainable ecology.

HashKey Chain CEO Kay said: "The successful launch of the mainnet is not only a major breakthrough in technology, but also the result of our team's long-term hard work. Through the latest OP-Stack and Rollup technology, we expand the network capacity of the blockchain and make users experience It is more smooth and creates a safe, efficient and convenient all-round development environment for developers, helping them build disruptive decentralized applications on this public chain that is compliant and friendly and encourages innovation. "

In addition, Kay mentioned that the successful launch of the main network is also of great significance to the entire HashKey Group. "HashKey Chain connects the existing ecology and business of the HashKey Group to form an open, decentralized and globally accessible decentralized network." The financial system and all ecological links promote each other and jointly provide nutrients and vitality to the entire HashKey Group’s Web business landscape.”

In order to help developers build the HashKey ecosystem, HashKey Chain has launched the $50 million Atlas Grant program on December 11, aiming to deeply explore high-quality projects in the Web3 field and provide comprehensive empowerment to realize the HashKey Chain application layer and on-chain users. exponential growth. The first Atlas Grant prize pool is US$10 million in HSK Token, and the donated project teams will receive non-dilutive funding, technical guidance, cooperation opportunities, and opportunities to participate in hackathons and other activities.

Application link: https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1 .