HashKey Chain Set to Launch Ethereum Layer 2 Mainnet in Q4 2024

Azeez Mustapha

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HashKey Group, a prominent digital asset services provider based in Hong Kong, has announced its upcoming debut of HashKey Chain, scheduled for the final quarter of 2024.

This revelation came via a recent post on X (formerly Twitter), accompanied by an image unveiling the Ethereum Layer 2 mainnet launch timeline.

Key Features and Timeline
The mainnet launch of HashKey Chain is slated between October and December 2024, following its announcement at the 2024 Hong Kong Web3 Festival in April.

This initiative marks HashKey Group’s foray into the Ethereum Layer 2 network arena, aiming to leverage zero-knowledge proof technology for enhanced scalability, cost-efficiency, and developer-friendliness.

Collaborative Development and Security Focus
HashKey Group’s development strategy involves collaboration with incubators, venture capitalists, and think tanks such as Future3 Campus, ThreeDAO, and HashKey Capital.

This partnership aims to provide robust support across technical development, product strategy, and financing. Security remains paramount, with community involvement in testing and independent code audits planned to ensure a secure platform environment.

HashKey Chain Set to Launch Ethereum Layer 2 Mainnet in Q4 2024

HashKey Chain emphasizes its commitment to providing a comprehensive suite of on-chain services, from trading to application deployment, bolstered by a user-friendly blockchain browser and extensive developer tools.

The platform’s governance and security measures are underpinned by the HSK token, designed to foster a secure and self-regulating ecosystem for developers.HashKey Cloud, an integral part of HashKey Group specializing in web3 infrastructure, will power the Ethereum Layer 2 chain.

With a track record of providing node validation services for over 80 public chains since 2018, HashKey Cloud brings significant expertise to ensure reliability in blockchain operations.

In conjunction with these developments, HashKey Group recently obtained a crypto exchange license in Bermuda, launching HashKey Global.

This expansion follows a successful Series A funding round earlier in the year, positioning the group for further growth and innovation in the digital asset services sector.

The launch of HashKey Chain’s Ethereum Layer 2 mainnet represents a pivotal step forward for HashKey Group, reinforcing its commitment to advancing Web3 technologies with scalability, security, and developer accessibility at its core.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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