WEB3

OKX Wallet Partners with Nubit to Enable Trustless Indexing for the Bitcoin Ecosystem

by BSCN

August 12, 2024

chain

The announcement from Nubit follows a recent partnership with Succinct Labs to facilitate the construction of 'Nuport'

PRESS RELEASE - We are excited to announce our integration with OKX Wallet! This collaboration brings Nubit’s modular indexer and data availability layer into OKX’s Bitcoin inscription indexer, enhancing secure and trustless Bitcoin inscription trading.

 

What is Nubit’s Modular Indexer?

 

Nubit’s Modular Indexer enables users to self-verify the correctness of meta-protocol checkpoints (e.g., BRC-20, BRC-420) with minimal communication costs. This stateless computation approach ensures that users can independently verify transactions, reinforcing the trustless nature of the Bitcoin ecosystem.

 

Integration Milestones

 

  • BRC-20 Integration: OKX’s BRC-20 implementation has been successfully integrated into Nubit’s Modular Indexer.
  • Bitcoin Block Synchronization: OKX Wallet is now fully synchronized with the latest Bitcoin block.
  • RPC Service Launch: The OKX <> Nubit Modular Indexer RPC service is live, providing seamless interaction between the wallet and indexer.

Enhancing the Bitcoin Ecosystem

This partnership with OKX Wallet is a significant step in strengthening the Bitcoin ecosystem. By integrating with a leading Web3 wallet, Nubit enhances the security and user experience of blockchain applications, paving the way for more robust and scalable solutions.

Enhancing Web3 Applications

Nubit’s collaboration with OKX Wallet marks another significant advancement in leveraging Bitcoin’s potential and expanding its capabilities. By supporting a key player in the Web3 wallet domain, we amplify our impact, extending our infrastructure and technology to deliver superior scalability, efficiency, and security to blockchain applications, while enhancing their performance and improving user experiences.

About OKX

OKX is a global technology company driving the future of Web3, offering a comprehensive suite of products for both beginners and experts. This includes a powerful crypto wallet, DEX aggregator, NFT marketplace, and Web3 DeFi platform.

About Nubit

Founded by UCSB professor Yu Feng, Nubit leverages Bitcoin’s economic security to create a highly secure and scalable data availability layer. With substantial funding, including a major seed round led by Polychain Capital, and the integration of Zero-Knowledge technology, Nubit advances blockchain scalability to support unlimited applications in AI, SocialFi, and GameFi, etc. Nubit’s innovative solutions unlock new possibilities across various sectors, ensuring unparalleled trust and reliability. As a leader in Bitcoin Season 2, Nubit has integrated its technology with major industry players and extends support to leading Layer 2 frameworks.

Disclaimer

This press release was provided by a third party and does not necessarily represent the views of BSCN. BSCN will not be held responsible for the information contained within this press release, nor for any losses or damages incurred by decisions made based on the information within this press release. If you would like to contact us, please send an email to [email protected].

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