Hashkey Reveals Ethereum Layer 2 Mainnet Launch Timeline

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As a seasoned crypto investor with a keen interest in the latest developments within the blockchain industry, I’m genuinely excited about HashKey Chain’s upcoming debut. The Hong Kong-based digital asset services provider has shown impressive progress and innovation, particularly with their Ethereum Layer 2 mainnet launch timeline.

HashKey Chain, a digital asset service from HashKey Group based in Hong Kong, is expected to be launched in the last quarter of 2024, as announced on X (previously known as Twitter). The post, titled “Coming Soon,” included an image displaying Ethereum Layer 2’s mainnet launch schedule.

Hashkey Chain Launch Timeline

Based on a post published by Hashkey Chain on X, their mainnet is slated for release during Q4 this year. Consequently, the launch event can be expected to occur between October and December. At the 2024 Hong Kong Web3 Festival in April, HashKey Group announced its intentions to introduce an Ethereum Layer 2 network called HashKey Chain.

Additionally, the network will employ zero-knowledge proof technology to strengthen the Web3 community’s infrastructure. By providing affordable, swift, and programmer-friendly on-chain solutions, Hashkey Chain is set to debut its testnet within half a year, with the mainnet launch predicted in under twelve months.

Moreover, the creation of HashKey Chain is set to be a collective endeavor that brings together incubators, entrepreneurship programs, venture capitalists, and intellectual hubs. Some of these partners include Future3 Campus, ThreeDAO, and HashKey Capital. The objective is to offer extensive incentives to collaborators, encompassing technical assistance, strategic guidance, resource integration, and financial support.

HashKey Group highlights the network’s potential for increased scalability and cost savings through the implementation of zero-knowledge proof technology. Additionally, this technology is accompanied by a comprehensive developer toolkit and an intuitive blockchain browser, facilitating easier engagement from developers with the network.

As a security analyst, I cannot stress enough the importance of maintaining a secure mainnet environment. To accomplish this, our team intends to engage the community in security testing and undergo independent code audits. By doing so, we aim to establish a robust and secure platform that self-regulates and provides a safe environment for developers. This objective is further reinforced by the use of the HSK token as an integral part of our network’s infrastructure.

About The Ethereum Layer 2 Mainnet

As a researcher exploring the HashKey Chain project, I can tell you that this innovative platform is anticipated to provide an array of on-chain services tailored for trading, investment, and application deployment. The ultimate goal of HashKey Chain is to draw a substantial number of users and assets towards the Web3 ecosystem, demonstrating the revolutionary potential of Web3 technologies in transforming the digital landscape.

HashKey Cloud, a trusted web3 infrastructure provider and a division of the group, will power Ethereum Layer 2. Established in 2018, this company has been delivering node validation services to more than 80 public chains, showcasing its profound knowledge and dependability within the blockchain industry.

In a recent update, the organization obtained the required permit in Bermuda to initiate a new cryptocurrency exchange named HashKey Global. The platform began its operations on Monday. This advancement comes after a productive Series A financing round in January, during which the business amassed close to $100 million in funds. HashKey Group is presently gearing up for another funding round later this year.

The deployment of Ethereum L2 Mainnet marks a notable achievement for HashKey Group in their growth within the digital asset services industry. This development will offer a reliable, secure, and convenient platform for Ethereum developers.

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2024-07-08 13:32