Onyx Protocol to Unveil V3 Whitepaper and Layer 3 on August 1

IconCryptoNewsTerminal Staff17 Jun, 2024

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Onyx Protocol to Unveil V3 Whitepaper and Layer 3 on August 1

Onyx (XCN) protocol has announced that it will release its V3 whitepaper and Layer 3 on August 1st. This release will be accompanied by the launch of the project's testnet, providing developers and users with an early look at the upcoming changes to the Onyx protocol. The V3 whitepaper will outline the technical details of the protocol's upcoming upgrades, including improvements to scalability, security, and privacy. Layer 3 will introduce a new layer to the Onyx protocol stack, enabling the development of more complex and sophisticated applications. The release of the V3 whitepaper and Layer 3 is a significant milestone for the Onyx protocol. These upgrades will lay the foundation for the next phase of the project's development and will provide users with a more powerful and versatile platform for building decentralized applications.

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