OKT Chain and Multi Virtual Machine Vision: Integrating WebAssembly for Better Innovation
According to official news from OKX, in order to achieve the OKT Chain (OKTC) multi virtual machine (VM) vision, OKT Chain has integrated WebAssembly (Wasm) technology to become a
According to official news from OKX, in order to achieve the OKT Chain (OKTC) multi virtual machine (VM) vision, OKT Chain has integrated WebAssembly (Wasm) technology to become a public chain that supports both EVM and WasmVM. After integration, projects running on Wasm can now seamlessly transition and migrate to OKTC, creating more opportunities for new innovative dApps. In addition, it is also possible to automatically convert KIP20 assets into a native bridging module for CW20 assets, and vice versa, thereby achieving highly innovative methods of contract interaction. OKTC is an EVM and IBC compatible L1 based on Cosmos, focusing on real interoperability and maximizing performance. Under high scalability, developers can build and expand with lower gas costs. The OKTC ecosystem and infrastructure, including an integrated multi chain Web3 interface, provide a seamless experience for developers and users.
OKT Chain Integrated WasmVM
Introduction
The world of blockchain technology is always evolving, and every day there’s something new that comes in the market. With the increase in demand for decentralized applications (dApps), blockchain companies are striving to provide better features and services. In line with this, OKT Chain has integrated WebAssembly (Wasm) technology to support both EVM and WasmVM. This article will explain in detail what OKT Chain is, how WebAssembly technology has helped OKT Chain, and what benefits it offers to developers and users.
What is OKT Chain (OKTC)?
According to official news from OKX, OKT Chain (OKTC) is an EVM and IBC compatible L1 based on Cosmos. It is a public chain that supports both EVM and WasmVM. OKTC is a high-performance public chain that focuses on real interoperability and maximizing performance. It provides developers with a seamless user experience and infrastructure, including an integrated multi-chain Web3 interface. OKTC is committed to providing a robust and self-sustaining ecosystem for developers and users.
Integrating WebAssembly (Wasm) Technology
To achieve the multi virtual machine (VM) vision, OKT Chain has integrated WebAssembly (Wasm) technology. This integration has made it possible for projects running on Wasm to seamlessly transition and migrate to OKTC. WebAssembly is an efficient way to execute code on the web, and it is designed as a low-level target that can host various high-level languages. By integrating Wasm technology, OKT Chain has opened doors for new innovative dApps.
Unique Methods of Contract Interaction
Apart from supporting both EVM and WasmVM, OKT Chain has also made it possible to automatically convert KIP20 assets into a native bridging module for CW20 assets and vice versa. This unique feature provides highly innovative methods of contract interaction. This means that developers can now interact with different blockchain platforms without worrying about compatibility issues. They can use different blockchains and still have seamless contract interactions.
High Scalability with Lower Gas Costs
Under high scalability, OKT Chain developers can build and expand with lower gas costs. This feature attracts more developers to build dApps on the platform. When a new dApp is launched on a blockchain platform, scalability and gas fees are vital in determining the acceptance of the application. With lower gas fees, developers can focus on developing their dApps without worrying about high transaction costs, which in turn will result in better adoption rates.
Benefits of OKTC
OKTC provides many benefits to developers and users. Here are some of them:
Seamless Interoperability
OKTC provides seamless interoperability between different blockchain platforms. Developers can build and expand with ease and interact with other blockchain platforms.
Highly Innovative Methods of Contract Interaction
OKTC supports both EVM and WasmVM and offers highly innovative methods of contract interactions. Developers can automatically convert KIP20 assets into a native bridging module for CW20 assets and vice versa.
Low Gas Costs
OKTC provides lower gas costs, enabling developers to build and expand their dApps without worrying about high transaction fees.
Integrated Multi-Chain Web3 Interface
OKTC provides an integrated multi-chain Web3 interface, providing developers and users with a seamless experience.
Conclusion
OKT Chain’s integration of WebAssembly (Wasm) technology has ensured that developers can now seamlessly transition and migrate to OKTC, creating more opportunities for new innovative dApps. The automatically converting KIP20 assets into native bridging modules for CW20 assets, highly innovative methods of contract interaction, and low gas costs has ensured that OKTC provides seamless interoperability, enabling developers to build and expand their dApps without worrying about compatibility and scalability issues.
FAQs
1. What is OKT Chain?
OKT Chain or OKTC is an EVM and IBC compatible L1 based on Cosmos designed to support both EVM and WasmVM.
2. What is WebAssembly?
WebAssembly is an efficient way to execute code on the web, and it is designed as a low-level target that can host various high-level languages.
3. What benefits does OKTC offer to developers and users?
OKTC provides seamless interoperability, highly innovative methods of contract interaction, low gas costs, and an integrated multi-chain Web3 interface, providing developers and users with a seamless experience.
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