Huobi HTX will jointly launch EDGEN (LayerEdge) on June 2 at 18:30

ChainCatcher news, according to the announcement from Huobi HTX, Huobi HTX has opened the deposit service for EDGEN at 12:00 (GMT+8) on June 1. EDGEN/USDT spot trading will open at 18:30 (GMT+8) on June 2. The withdrawal service for EDGEN will open at 12:00 (GMT+8) on June 4.

It is reported that LayerEdge is a decentralized validation layer based on the Bitcoin network, supporting scalable, cost-effective, and secure zero-knowledge proof validation. It aims to serve as a universal infrastructure layer for validating off-chain computations, building a robust and scalable security model through a multi-layer security architecture. With this hybrid security model, LayerEdge maintains Bitcoin-level security while avoiding the issue of limited throughput.