OKX’s BRC-20 Token Standard Security Assessment Approved by CertiK
OKX will be able to integrate this new token technology into its platform more smoothly.
Inscription support is planned for the exchange, which will increase investment options.
OKX’s implementation of the BRC-20 token standard has passed a security assessment conducted by CertiK, the industry leader in blockchain security. This is a crucial step towards adding Ordinals to the Bitcoin blockchain. And a turning point for the cryptocurrency and blockchain industries.
CertiK and @okx have joined forces to keep the Web3 world safe. Now, we’re taking the next step in this security partnership
We recently completed an audit of OKX’s infrastructure supporting the BRC-20 token standard.
For more details, see here https://t.co/UqYh6MJxWR pic.twitter.com/JPDjWsUOHN
— CertiK (@CertiK) June 26, 2023
OKX, one of the major cryptocurrency exchanges in the world, has reaffirmed its dedication to Bitcoin. Which is ready to spur innovation in the field of BRC-20 transaction indexing on the Bitcoin blockchain. OKX has shown its commitment to promoting a fully decentralized free market with this innovative project.
Banking on Bitcoin Ordinals
Moreover, OKX will be able to integrate this new token technology into its platform more smoothly with the help of this and future audits.
Also, inscription support is planned for the exchange, which will increase investment options for its user base. The platform will also improve its trading capabilities by allowing users to purchase, trade, transfer, and make offers on Bitcoin NFTs and tokens.
Jason Jiang, Chief Business Officer at CertiK stated:
“We are excited to extend our security partnership with OKX. As CertiK, our mission has always been to enhance security and transparency in the blockchain space, and this collaboration represents a big step towards this goal.”
On the other hand, OKX Wallet is the leading marketplace for trading Ordinals. OKX’s share of Ordinals trading volume hit 48.4 percent, as per blockchain data analytics platform Dune. Users of the OKX Wallet Ordinals Marketplace may examine up-to-the-minute statistics on active token sales and acquire tokens that have already been sold on the marketplace.
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Filed under: Bitcoin - @ June 26, 2023 7:19 pm