LayerZero Labs

Posted on Sep 15, 2023Read on Mirror.xyz

DeBank Chain. Asset Layer for Social

We're launching the Testnet and it's planned to roll out the Mainnet in 2024.

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Built on OP Stack, our development primarily revolved around addressing three key concerns while maintaining robust security: minimizing gas costs, offering a native Account-Abstraction-like experience, and ensuring the safety of L1 assets.

  • We've modified the consensus mechanism, reducing the gas cost of individual transactions by 100 to 400 times to accommodate the high-frequency nature of social interactions.

  • We've natively integrated a system similar to Account Abstraction at the chain level, allowing users to enjoy a near-Web2 experience while maintaining 100% compatibility with the current EVM standard.

  • The new account system supports transactions signed with a dedicated L2 private key, reducing the use of L1 private keys in social scenarios and enhancing the security of users' L1 assets.

How to try out the Testnet? Rabby Wallet has integrated the DeBank Testnet and features a built-in Gas faucet. So, every Rabby user can easily access test Gas. https://rabby.io

Open-source code available at: github.com/DeBankDeFi/DeBankChain

Visit the Testnet explore at: explorer.testnet.debank.com

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