OKX Wallet collaborates with Nubit to enable Trustless Indexing for the Bitcoin Ecosystem
Nubit has announced its partnership with OKX Wallet to enable trustless indexing for the Bitcoin ecosystem.
1/ Excited to announce that OKX Wallet (@okxweb3) has partnered with Nubit to enable trustless indexing for the Bitcoin Ecosystem!
— Nubit (@nubit_org) August 11, 2024
OKX’s Bitcoin inscription indexer now utilizes Nubit's modular indexer and DA, bringing a new level of security and trustlessness to Bitcoin… pic.twitter.com/zjA4aL02xQ
In a post, Nubit stated that its integration with OKX wallet is something the firm is excited to announce. The partnership improves safe and trustless Bitcoin inscription trading by integrating Nubit's modular indexer and data availability layer into OKX's Bitcoin inscription indexer, the post added.
Users may self-verify the accuracy of meta-protocol checkpoints (such as BRC-20 and BRC-420) with Nubit's Modular Indexer at a cost of minimal communication. The Bitcoin ecosystem is trustless because of this stateless computation technique, which guarantees users can independently verify transactions.
The post outlined the firm's three integration milestones. Firstly, Nubit's Modular Indexer has effectively incorporated OKX's BRC-20 implementation; the OKX wallet has also achieved complete synchronization with the most recent Bitcoin block and the Nubit Modular Indexer RPC service, which is operational, enabling smooth communication between the indexer and wallet.
This collaboration with OKX Wallet is a big step toward making the Bitcoin ecosystem stronger. Nubit improves the security and usability of blockchain applications by integrating with a top Web3 wallet, opening the door for more reliable and scalable solutions.
The partnership between Nubit and OKX Wallet represents yet another important step toward realizing the full potential of Bitcoin and enhancing its functionalities.
Nubit in the post stated, “We increase our impact by providing support to a major player in the Web3 wallet space. We do this by expanding our infrastructure and technology to provide blockchain applications with better scalability, efficiency, and security, as well as better performance and user experiences.”
OKX Wallet announced on July 24, 2024, that it has integrated with Nubit, a data availability layer that is native to Bitcoin. Because of this, users of OKX Wallet can take advantage of a trustless environment that guarantees data integrity by using sophisticated data availability sampling (DAS) techniques. By means of this integration, OKX Wallet can now offer improved efficiency and throughput of data, supporting applications such as Layer 2 solutions and Ordinals.
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