OKX Joins exSat as Key Validator to Enhance Bitcoin Scalability
NASSAU, The Bahamas, Sept. 16, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and global Web3 technology company, has issued updates for September 16, 2024.
OKX Joins exSat as Key Validator to Enhance Bitcoin Scalability
OKX today announced that it has joined exSat, a pioneering network dedicated to addressing Bitcoin’s scalability and interoperability challenges, as a validator node.
Key highlights of this partnership include:
- OKX, serving over 50 million global users, brings its extensive experience in digital asset innovation to exSat’s network
- exSat’s unique Data Consensus Extension Protocol combines Proof of Work (PoW) and Proof of Stake (PoS), enhancing Bitcoin’s data consensus capabilities
- As a validator node, OKX will play a crucial role in maintaining the network’s integrity and scalability
- The collaboration aims to unlock Bitcoin’s potential beyond traditional transactions, leveraging OKX’s expertise in Ordinals, BRC-20 tokens and Bitcoin-based NFTs
This collaboration marks a significant step towards advancing Bitcoin’s scalability and expanding the functionality of the Bitcoin ecosystem.
To learn more, visit OKX’s Support Center.
For further information, please contact:
Media@okx.com
About OKX
OKX is a technology company with a mission to organize the world’s blockchains and make them more accessible and useful.
We want to create a future that makes our world more efficient, transparent and connected.
OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).
OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.
OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.
Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com
