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According to official news from OKX, in order to achieve the OKT Chain (OKTC) multi virtual machine (VM) vision, OKT Chain has integrated WebAssembly (Wasm) technology to become a public chain that supports both EVM and WasmVM. After integration, projects running on Wasm can now seamlessly transition and migrate to OKTC, creating more opportunities for new innovative dApps. In addition, it is also possible to automatically convert KIP20 assets into a native bridging module for CW20 assets, and vice versa, thereby achieving highly innovative methods of contract interaction. OKTC is an EVM and IBC compatible L1 based on Cosmos, focusing on real interoperability and maximizing performance. Under high scalability, developers can build and expand with lower gas costs. The OKTC ecosystem and infrastructure, including an integrated multi chain Web3 interface, provide a seamless experience for developers and users.

OKT Chain Integrated WasmVM

– Introduction
– OKT Chain (OKTC)
– Integration of WebAssembly (Wasm) technology
– Support for Both EVM and WasmVM
– Seamless Transition and Migration to OKTC
– Innovative Contract Interaction
– Automatic Conversion of KIP20 Assets into Native Bridging Module
– Maximizing Performance
– OKTC Ecosystem and Infrastructure
– Conclusion
– FAQs
# According to Official News from OKX, OKT Chain Integrates WebAssembly (Wasm) Technology to Become a More Innovative Public Chain

Introduction

Blockchain technology has revolutionized the way businesses handle financial transactions and other important data. A public chain with robust and innovative features ensures that new dApps can thrive on its platform. OKT Chain (OKTC) has recently integrated WebAssembly (Wasm) technology to improve its multi virtual machine (VM) vision, providing a supportive environment for EVM and WasmVM projects. This move has opened up more opportunities for developers to create new and innovative dApps.

OKT Chain (OKTC)

OKT Chain (OKTC) is a public chain based on Cosmos, which focuses on real interoperability and maximizing performance. OKTC is compatible with both EVM and IBC protocols, enabling seamless integration with other chains in the Cosmos ecosystem. The platform also boasts a lower gas cost, making it the perfect choice for high scalability projects.

Integration of WebAssembly (Wasm) Technology

OKTC’s integration of WebAssembly (Wasm) technology is a significant step towards realizing its multi virtual machine (VM) vision. Wasm is a binary instruction format, which runs on a stack-based virtual machine. Wasm is now being used in several blockchain platforms, including Ethereum and EOS, and is known for its speed and efficiency. The integration of Wasm technology on OKTC allows developers to write smart contracts in multiple programming languages, improving the platform’s flexibility and accessibility.

Support for Both EVM and WasmVM

OKTC’s integration of Wasm technology supports projects running on multiple virtual machines such as EVM and WasmVM. This support creates new opportunities for future dApps, making it more accessible for developers who prefer to write smart contracts in non-Solidity programming languages.

Seamless Transition and Migration to OKTC

One of the major advantages of OKTC’s integration of Wasm technology is the seamless transition and migration of projects running on other virtual machines. This feature allows existing Wasm-based dApps to migrate easily to OKTC without much effort. The benefits of migrating to OKTC include leveraging the platform’s innovative features, low gas costs, and seamless interoperability with other chains in the Cosmos ecosystem.

Innovative Contract Interaction

The integration of Wasm technology on OKTC opens up creative and innovative ways for smart contracts to interact with each other, offering automatic conversion of KIP20 assets into native bridging module for CW20 assets, and vice versa. This change enables new contract interaction modes, unlocking new possibilities for developers to create and launch new innovative projects.

Automatic Conversion of KIP20 Assets into Native Bridging Module

OKTC’s integration of Wasm technology enables the conversion of KIP20 assets into a native bridging module for CW20 assets, and vice versa, automating the interaction between two different types of assets. This automatic conversion makes it possible to perform the same operation between two dApps on different chains, making it easier for users to interact and spend their assets without too much hassle.

Maximizing Performance

OKTC’s focus on maximizing performance is critical for developers building dApps. With the platform’s lower gas cost and high scalability, developers have the freedom to write complex smart contracts and perform robust operations on the network. This approach enables developers to build powerful and innovative dApps on the OKTC network.

OKTC Ecosystem and Infrastructure

OKTC’s multi chain Web3 interface provides a seamless experience for developers and users. The platform’s infrastructure is well suited for building and expanding dApps, ensuring low gas costs and high-speed transactions. The ecosystem also provides robust support for developers, providing development tools and resources to build innovative projects.

Conclusion

OKT Chain’s integration of Wasm technology is a significant step towards maximizing performance and providing a supportive environment for EVM and WasmVM projects. This change will open doors for more innovative projects and enable smooth migration for Wasm-based projects to OKTC. With its lower gas costs, high scalability, and seamless interoperability with other Cosmos chains, OKTC is poised to carve a significant niche in the blockchain space.

FAQs

#1. What is OKT Chain?

OKT Chain is a public chain based on Cosmos, focusing on real interoperability and maximizing performance. The platform is compatible with both EVM and IBC protocols, enabling seamless integration with other chains in the Cosmos ecosystem.

#2. What is the significance of OKT Chain’s integration of Wasm technology?

OKT Chain’s integration of Wasm technology is a significant step towards maximizing performance and providing a supportive environment for EVM and WasmVM projects. This change will open doors for more innovative projects and enable seamless migration for Wasm-based projects to OKTC.

#3. How does OKT Chain’s automatic conversion of KIP20 assets into native bridging module help developers?

OKT Chain’s automatic conversion of KIP20 assets into native bridging module for CW20 assets, and vice versa, automates contract interaction, unlocking new possibilities for developers to create and launch new innovative projects.