W Chain, a Singapore-based hybrid blockchain network, has announced the soft launch of its Layer 1 Mainnet.
In a press release shared with DeFi Planet, the project revealed that the Mainnet soft launch follows a successful testnet phase, where developers had the chance to test features and provide valuable feedback. Incorporating their insights, W Chain has introduced the W Chain bridge in the soft launch, a feature designed to enhance cross-platform compatibility and streamline interoperability.
Founder Anish Jain described the launch as pivotal in creating a flexible and inclusive payment ecosystem. He emphasized that W Chain aims to act as a central hub for digital currencies, ensuring seamless interoperability to meet evolving business needs.
The soft launch also includes several significant features to ensure a smooth transition. A limited number of validators are being onboarded to maintain stability and quickly address any challenges. Real-world testing will simulate user interactions, allowing the platform to collect essential performance and user experience data. This step is crucial for making final adjustments ahead of the full launch.
The commercial Mainnet launch is scheduled for March 2025, with upcoming features like a decentralized exchange (DEX), Premium Accounts, and an Ambassador Program set to bolster its offerings.
Head of Blockchain, Dinesh KR, highlighted the importance of this phase for refining the platform’s security and efficiency. Hybrid blockchain technology will streamline transactions and enhance reliability. Additionally, developers are encouraged to build decentralized applications (Dapps) during this phase.
In a similar development, Saga recently launched the Mainnet 2.0 version of its blockchain platform designed to tackle liquidity fragmentation in blockchain ecosystems. The project’s team noted that this upgrade lays the groundwork for the Liquidity Integration Layer (LiL), slated to launch in Q1 2025. This layer is expected to create a unified liquidity environment and eliminate gas fees for DeFi users.
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