SINGAPORE, November 7, 2023 (GLOBE NEWSWIRE) – OKX, a prominent Web3 technology company, unveiled a significant update on November 7, 2023, regarding its integration with Kaspa, the world’s first BlockDAG.
Kaspa, a pioneering cryptocurrency, introduces a groundbreaking digital ledger technology known as BlockDAG. This innovative concept enables parallel blocks and instantaneous transaction confirmations, overcoming the limitations of traditional blockchains. Kaspa is an open-source, decentralized, and fully scalable Layer-1 solution designed to revolutionize the cryptocurrency ecosystem.
Key features of Kaspa include the utilization of the GHOSTDAG protocol, which operates on a proof-of-work consensus mechanism. This protocol allows concurrently created blocks to coexist and reach a consensus, ensuring secure and efficient operation with high block rates and minimal confirmation times.
The integration between OKX Wallet and Kaspa offers users a seamless experience. OKX Wallet users now have the capability to access and interact with the Kaspa blockchain directly through the OKX App. This integration empowers users to conveniently view and transfer digital assets on the Kaspa blockchain, providing an enhanced and efficient crypto wallet experience.
OKX’s partnership with Kaspa represents a significant development in the cryptocurrency industry, showcasing the company’s commitment to advancing Web3 technology and providing users with innovative solutions for managing their digital assets.
For further information and updates, please visit the OKX website or app, where users can explore the newly integrated features and enjoy the benefits of this pioneering collaboration.