Cross-chain technology and the OpenDEX full-node operation of peer-to-peer blockchain network is used to design OKChain. OKChain is able to provide an efficient, free and boundless public chain ecosystem for its nodes as it has gone in open source on April 2020.
Architecture of OKChain is developed on the top of the Cosmos SDK and adopts Tendermint’s network and consensus code. The capability of enabling seamless integration of multiple ecosystems make OKChain stands out. OkChain have been redesigned to support diverse business logics.
OKChain’s separate governance after cross-chain and instant confirmation based on DPoS consensus helps realize the value and data transmission between multiple isomeric chains. The “cross-chain toolkit” currently provided by OKChain contains various cross-chain protocols, which effectively breaks the closure and islanding between chains. For example, at present, OKChain has realized the connection with the Cosmos ecosystem through the IBC relay protocol. It will also implement cross-chain solutions with mainstream public chains such as Bitcoin and Ethereum with more diverse chain tools, in the future.
More importantly, the cross-chain communication protocol of OKChain has realized direct transactions and information transfer across different chains while maintaining their independence intact. It not only breaks the barriers between s and maintains the completeness of a cross-chain ecosystem, but also ensures that participating institutions and individuals can run their application.
Three unique and distinctive technical features of OKCHain:
- Developed as a key puzzle of OKEx's global ecosystem blueprint, OKChain cuts in from the underlying blockchain architecture to optimize for different financial application scenarios
- With Cosmos’ IBC protocol, each important application developed on OKChain can own its exclusive blockchain while maintaining interoperability
- Thanks to the layered data design, OKChain reduces the cost of blockchain data and improves efficiency, thereby supporting large-scale application publishing.
