#OKBC’s Development Roadmap: Integrating Ethereum Expansion Solutions in Three Steps

03/27/2023 09:10 • Metaverse Matters • 228 views

It is reported that according to the official Twitter message of OKX in Chinese, the Layer2 public chain OKBC has officially announced its development roadmap, which will implement the Ethereum expansion solution in three steps. V1 is the Ethereum PoA side chain, focusing on providing high performance and low transaction costs; Upgrading V2 to Ethereum’s native ZK Rollup platform significantly improves scalability and efficiency; V3 connects the cross chain communication between ZK Rollups and uses OKB as a link to provide users with a Web3 usage experience similar to Web2.

OKBC announces its development roadmap, and the test network will be launched on time in Q1

##Introduction
The Layer2 public chain OKBC has recently unveiled its development roadmap, which involves implementing Ethereum expansion solutions in three stages. The announcement was made through the official Twitter message of OKX in Chinese. These developments are said to be aimed at addressing the scalability and efficiency concerns faced by the Ethereum blockchain.
##The Three Stages
###V1: Ethereum PoA Side Chain
The first stage of the development roadmap involves the implementation of the Ethereum PoA side chain. This stage aims to enhance the performance of OKBC by providing high performance and low transaction costs to users. PoA (Proof of Authority) consensus model enables the transaction speeds to be faster and fees to be lower. It is expected to optimize the user experience and transactions execution.
###V2: Ethereum Native ZK Rollup Platform
The second stage will involve upgrading to Ethereum’s native ZK Rollup platform. This is a second layer solution on Ethereum, which aims to significantly improve scalability and efficiency within the OKBC blockchain platform. The ZK Rollup platform allows OKBC to bundle many small transactions, compress them into one transaction and then verify them in a single, larger batch.
###V3: Web3 Usage Experience Similar to Web2
The third stage will focus on cross-chain communication between the ZK Rollups and use of OKB as a link to provide users with web3 usage experience similar to Web2. This is to bridge the gap between web2 and web3 by providing more convenient user interfaces and improving the user experience, leading to the mass adoption of decentralized applications.
##Conclusion
Overall, OKBC’s development roadmap shows great potential for the future of the Ethereum blockchain, and for Layer2 public chains in general. The implementation of Ethereum’s expansion solutions in these three stages is set to greatly improve the scalability and efficiency of OKBC, and lead to a much-improved user experience. Investors and users alike should keep a close eye on the development of OKBC’s plans and progress.
##FAQs
**1. What is OKBC?**
OKBC is a Layer2 public chain, built as a Layer2 solution, based on the Ethereum Virtual Machine (EVM). It is designed to improve scalability and efficiency in Ethereum.
**2. What is the ZK Rollup Platform on Ethereum?**
ZK Rollup is an Ethereum Layer2 scaling solution that leverages zero-knowledge proofs to bundle multiple transactions into a single, larger batch, thereby facilitating faster and more efficient transactions.
**3. How will OKBC’s roadmap affect the Ethereum blockchain?**
The implementation of OKBC’s development roadmap will vastly improve the scalability and efficiency of the Ethereum blockchain, and also bridge the gap between web2 and web3 by providing more convenient user interfaces and improving user experience.
##Keywords
OKBC, Ethereum, Layer2, ZK Rollup, Web3, Web2, Scalability, Efficiency.

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