【 Overview of the blockchain "GIWA" created by Upbit 】 1. Yesterday, @upbitglobal announced that they would be creating a new blockchain, causing a stir in the community. 2. The name is "GIWA," an Ethereum Layer 2 blockchain based on Optimism's OP Stack. 3. The goal is simplicity, to create an infrastructure that allows anyone to easily and enjoyably use web3, which has felt difficult until now. 4. However, the real core is likely not just simple technology, but a move to dominate the Korean won stablecoin market. 5. They also revealed plans to connect not only the Korean won stablecoin but also global stablecoins, aiming to create a stable and convenient payment and remittance ecosystem. 6. Global large companies are also in a power struggle by creating their own chains, and domestically, Upbit has entered the fray with GIWA. 7. GIWA is not just a simple transaction chain; it also offers features like on-chain identity verification (Dojang) and wallet nickname service (GIWA...
Show original
8.57K
90
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.