Kraken has announced the early release of its Layer 2 blockchain, Ink. The project, due to go live in early 2025, is now live on the mainnet after a successful testnet phase.
Built on the Optimism Superchain, Ink is creating an unobstructed ecosystem for users and builders to navigate in the DeFi space. It is supposed to bridge the gaps and provide the best infrastructure for decentralized applications. This early launch comes out of the growing demand from its community of builders that very fast started using the platform.
By Jan. 2025, permissionless fault proofs will be implemented, and Ink is going to gradually achieve Stage 1 decentralization. Permissionless fault proofs will grant permission to allow users to vote out transactions that are probably invalid. It will allow many eyes to oversee and make sure that accountability exists, and chains keep the door open to the community.
The launch introduces SuperchainERC20, enabling seamless ERC20 token transfers within the Superchain ecosystem. This will make access and deployment of assets more seamless with the launch partners across different DeFi applications, including bridges, DEX trading, liquid staking, and lending.
Ink blockchain’s developer community surpasses 100,000 member
Ink’s developer community has already seen impressive growth. Within weeks of the October announcement, the developer Discord surpassed 100,000 members. Testnet activity quickly soared into the millions of transactions. Over a dozen infrastructure partners have integrated with Ink, increasing its momentum.
However, Kraken is working to increase crypto accessibility by reducing friction between centralized and decentralized systems. Ink launched in line with this ambition by offering users seamless, single-point access to top DeFi applications and protocols within an integrated ecosystem.
Furthermore, the platform builds further on the successes of Ethereum and other Layer 2 solutions to drive the future of decentralized finance. Nevertheless, early access to Ink is the milestone for Kraken in advancing DeFi toward ease of use and scalability.
