TechFlow news — DeBank, an all-in-one DeFi wallet, has announced the launch of DeBank Chain via a tweet, aiming to become a social asset layer.
The testnet will go live today, with the mainnet planned for release in 2024.
Built on OP Stack, DeBank Chain focuses on solving three core challenges: reducing gas costs, delivering a native account abstraction experience, and ensuring L1 asset security.
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Modified consensus mechanism reduces gas cost per transaction by 100–400 times, making it suitable for high-frequency social interactions.
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Natively integrates a system similar to Account Abstraction at the chain layer, offering a Web2-like user experience while maintaining 100% EVM compatibility.
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The new account system supports L2 private key signing for transactions, minimizing the use of L1 private keys and enhancing the security of users’ L1 assets.
