About Onyx

About Onyx: A High-Performance Layer 3 Blockchain

Onyx, also referred to as the XCN Ledger, is a highly scalable Layer 3 blockchain network that is architected for performance, security, and cost efficiency. It is deployed using the Arbitrum Orbit stack and benefits from the robust security foundation of Coinbase’s Base Layer 2 blockchain. This unique architecture enables Onyx to inherit the modular scalability of Arbitrum while maintaining the security assurances provided by Base, offering an optimized environment for developers building next-generation decentralized applications (dApps).

Onyx is fully Ethereum Virtual Machine (EVM) compatible, allowing seamless deployment of smart contracts and interoperability with existing Ethereum-based applications and tooling. Developers can build and deploy decentralized finance (DeFi) protocols, payment solutions, governance frameworks, and other blockchain-based services while leveraging Onyx’s high throughput and low transaction costs.

With an institutional-grade infrastructure, Onyx is designed to support large-scale applications and enterprise adoption, ensuring high availability, robust security mechanisms, and scalability optimizations.