Ottochain Documentation
  • Welcome to OTTOCHAIN's Documentation
  • Abstract
  • Introduction
  • Value Proposition
  • Why Ottochain?
    • Interoperability and Security
    • Uniqueness
    • Developer-Friendly Ecosystem
    • Vibrant Community Ecosystem
    • Community-Driven Governance
    • Tokenomics and Incentives
  • Design Principles
    • Interoperability
    • Security and Resilience
    • Scalability and Performance
    • Developer-Friendly Ecosystem
    • Community-Driven Governance
    • User-Centric Experience
    • Sustainable and Transparent Economics
    • Continuous Innovation and Upgradability
  • How Ottochain Works
    • Consensus Mechanism
    • Interoperability with Octopus Network
    • EVM Compatibility and Cosmos Compatibility
    • Cross Chain Token Transfers
    • Decentralised Governance
    • Developer-Friendly Tools and Infrastructure
    • Tokenomics and Economic Incentives
  • Ottochain Technical Details
    • Overview
    • Features of Ottochain
    • Gas Fee Model
    • Testnet Technical Details
    • Mainnet Technical Details
  • Token and Economic Model
    • Token Distribution
  • What Makes Ottochain Unique
    • Octopus 2.0 Interchain Security
    • EVM Compatibility
    • Interoperability
    • Community-Driven Governance
    • Vibrant Community Ecosystem
    • Developer-Friendly Ecosystem
    • Continuous Innovation and Upgradability
  • User Stories and Sample Scenarios
    • Community Governance
    • Developer-Friendly Ecosystem
    • Cross-Chain Token Transfers
    • Decentralised Finance (DeFi)
    • Community Incentives and Rewards
    • Interoperable NFT Marketplace
    • Decentralised Identity Management
  • Team
  • Partners
  • Socials
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  1. Why Ottochain?

Interoperability and Security

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Last updated 1 year ago

Ottochain pioneers the Octopus 2.0 Interchain Security mechanism, reinforcing the security and integrity of appchain consensus with an accompanying layer 1 blockchain, NEAR Protocol. By adopting this innovative approach, Ottochain addresses concerns related to potential attacks and low token valuations, providing a robust foundation for users to transact and interact with confidence. As a CometBFT-based Cosmos chain it is capable of IBC connections with over 100 other blockchains totaling ~$10 billion in market capitalization. Additionally, its JSON-RPC interface allows EVM-chain users to utilise their existing addresses on Ottochain without creating new accounts. The official instructions to access the testnet or mainnet for Metamask users can be found .

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