Could you kindly explain to me, which blockchain network does the Injective Protocol operate on? I've been hearing quite a bit about its decentralized exchange capabilities and am curious about its underlying technology. Is it built on Ethereum, perhaps, or does it utilize a different blockchain entirely? I'm eager to understand the specifics of its infrastructure and how it fits into the broader cryptocurrency ecosystem. Thank you for your assistance in clarifying this matter for me.
7 answers
InfinityVoyager
Sun Jun 16 2024
This protocol offers unique functionalities that enhance the capabilities of the underlying blockchain, introducing innovative solutions for decentralized finance.
BitcoinBaroness
Sun Jun 16 2024
The Injective Protocol, denoted as INJ, stands as a Layer 2 application firmly established on the Cosmos blockchain.
ethan_lewis_journalist
Sat Jun 15 2024
One notable aspect of Injective is its integration with BTCC, a UK-based cryptocurrency exchange. BTCC offers a comprehensive suite of services, including spot trading, futures, and wallet solutions.
CryptoLegend
Sat Jun 15 2024
By collaborating with BTCC, Injective Protocol gains access to a wider pool of users and liquidity, strengthening its position in the cryptocurrency market.
Riccardo
Sat Jun 15 2024
By leveraging the scalability and interoperability of Cosmos, Injective Protocol aims to revolutionize the way users interact with cryptocurrencies and digital assets.