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Cryptocurrency News Articles
Meet the Okto Testnet — a High-Performance Pessimistic Proof-Based Layer 2 Rollup
Mar 12, 2025 at 05:50 pm
Web3’s biggest problem? Complexity. Chain fragmentation, wallet nightmares, liquidity silos—these are roadblocks standing between users and seamless blockchain experiences. But Okto is here to change that.
Web3's biggest problem? Surely it's not bear markets, crypto scams, or the lack of mainstream attention. The biggest issue is the complexity. Chain fragmentation, wallet nightmares, liquidity silos—these are the roadblocks standing between users and seamless blockchain experiences.
But what if there was a Layer 2 rollup designed specifically for chain abstraction, capable of supporting millions of wallets and billions of dollars in transactions with near-instant throughput? And what if this rollup was powered by some of the leading technologies in the industry?
Enter Okto, a high-performance pessimistic proof-based Layer 2 rollup, now live in testnet with Zeeve's fully managed RaaS infrastructure and Polygon CDK. This testnet is a pivotal step toward a future where users interact with a truly abstracted Web3, seamlessly connecting with dApps and assets across chains without any complexity.
Okto's rollup is a full-stack solution, stitching together the best of existing technologies to create a new fabric for chain interoperability, liquidity movement, and user experiences.
"The launch of Okto Testnet marks a significant milestone in our journey to realizing a truly abstracted Web3, where users can seamlessly interact with dApps and assets across chains without any complexity. This capability is crucial for driving broader adoption. This milestone is a testament to the hard work and dedication of the entire team at Okto, and we are grateful to Polygon CDK and Zeeve for their invaluable contributions." said Neeraj Khandelwal, Co-founder of Okto and CoinDCX.
"We are proud to have played a role in enabling Okto to support 12M+ wallets, 50+ protocols, and over $1B in monthly recurring revenue. As Okto transitions to mainnet, our partnership ensures its rollup remains the unstoppable backbone for frictionless blockchain adoption."
Why Is Polygon CDK at the Center of Okto's Chain Abstraction Vision?
When Okto set out to build a truly seamless blockchain experience, they needed a foundation that could scale without sacrificing security, cost-efficiency, or the ability to customize the system. They found that foundation in Polygon CDK.
They weren't willing to compromise on Ethereum-grade security. Nor did they want users to choose between safety and usability. With Polygon CDK's pessimistic proofs, Okto benefits from Ethereum's battle-tested security model while offering users nearly instant, low-cost transactions.
But speed was only part of the equation. Okto wanted complete control over its rollup's architecture, allowing it to create an abstraction layer specifically tailored for a wallet-first, liquidity-optimized Web3.
They chose Polygon CDK because of its flexibility—no predefined upgrade paths, no constraints on governance, or dependencies on centralized sequencers. They wanted freedom to customize key elements of the system, ensuring Okto's infrastructure scales on its own terms while still connecting seamlessly to Web3's growing ecosystem.
Okto's ZK Rollup is the Backbone of a Frictionless, Abstracted Web3
Blockchain complexity isn't just a minor inconvenience—it's the biggest reason why mainstream adoption is still a dream. Okto is solving that by abstracting everything that makes web3 confusing and giving users a simple, intuitive experience.
Users don't need multiple wallets for different chains. Okto's Decentralized Wallet Network (DWN) lets them log in, transact, and interact across Web3 without ever worrying about addresses, keys, or gas tokens.
Liquidity isn't locked into separate ecosystems—Okto's Unified Liquidity Layer (ULL) finds the best available route for any transaction, across chains, with no manual swaps required.
And when users execute transactions, they don't fail. The Decentralized Transaction Network (DTN) ensures every action is confirmed, optimized, and completed without them needing to adjust gas fees or retry failed swaps.
Okto already powers 12M+ wallets, 50+ protocols, and over $1B in monthly recurring revenue. This public testnet opens up the next step: a Web3 experience where users don't even know they're using a blockchain.
Zeeve: The Infrastructure That Keeps Okto Unstoppable
A rollup built for abstraction needs infrastructure built for resilience. Rock-solid stability that ensures zero downtime, smooth execution, and deep visibility at every level.
From the ground up, Zeeve has been the silent force behind Okto's rollup, handling everything from customized monitoring to high-availability scaling—so Okto's developers can focus on building, and users can experience Web3 without roadblocks.
"Web3 needs to move beyond complexity. Okto is building the abstraction layer that Web3 has been missing, and at Zeeve, we’re making sure it runs without a hitch. No downtime, no limits—just a network that works.” — Dr. Ravi Chamria, Co-
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- Video-sharing platform Rumble has confirmed the purchase of a cache of BTC for $17 million
- Mar 13, 2025 at 02:10 am
- Rumble has purchased around 188 BTC to its treasury in line with its plans to diversify its holdings. Per the statement, the video-sharing company splurged 17.1 million on the purchase
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- Rumble Acquires 188 BTC for $17.1 Million, Expanding Its Crypto Treasury
- Mar 13, 2025 at 02:05 am
- Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble's $20 million bitcoin treasury strategy. By: A.R.M. Bakshi. Updated Apr 18, 2023.
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- Controversy Surrounded an Ethereum Transaction, Worth 30,098 ETH, When Deposited into a Lending Platform Called Sky
- Mar 13, 2025 at 01:50 am
- Controversy surrounded an Ethereum transaction, worth 30,098 ETH, when deposited into a lending platform called Sky, because many speculated that the Ethereum Foundation (EF) was
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