Cryptocurrency Q&A
What chain is Klaytn on?
What chain is Klaytn on?
TaegeukChampionCourage
Mon Jun 24 2024
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5 answers
889
Could you please elaborate on the blockchain technology that Klaytn utilizes? As a cryptocurrency and finance professional, I'm curious to understand the underlying infrastructure that powers this platform. I'm aware that Klaytn is a popular blockchain project, but I'm interested in knowing if it's built on an existing blockchain like Ethereum or Bitcoin, or if it's a completely new and innovative chain. Understanding this aspect is crucial for evaluating its potential and adoption within the crypto ecosystem.
5 answers
CherryBlossomDancing
Wed Jun 26 2024
With this partnership, Klaytn benefits from the ability to exchange assets efficiently and securely with other blockchain networks, enhancing its interoperability.
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SarahWilliams
Wed Jun 26 2024
The introduction of Hydra as a bridging-as-a-service is a significant milestone for Stargate, as it further solidifies its position as a leader in cross-chain asset bridging.
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Stefano
Wed Jun 26 2024
The integration of Klaytn also signifies the start of a broader collaboration between Stargate and the Klaytn ecosystem, paving the way for future integrations with Kaia and other potential Hydra chains.
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FireflySoul
Wed Jun 26 2024
Stargate, a pioneering composable native asset bridge, has debuted its enhanced V2 protocol, integrating Klaytn as the inaugural Hydra chain.
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lucas_clark_artist
Wed Jun 26 2024
The Hydra service, an integral part of Stargate's bridging offerings, grants Klaytn seamless connectivity to limitless liquidity across the core Stargate chains and future Hydra networks.
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