Klayr Roadmap: The Newly Launched L1

2024-07-15
Klayr Roadmap: The Newly Launched L1

Klayr’s roadmap ahead is packed with exciting developments and enhancements designed to elevate user experience and functionality. This comprehensive guide outlines Klayr’s strategic phases, from rebranding efforts and the launch of the Klayr Explorer and Gateway to the transition to MetaMask Snaps and the introduction of the Klayr Platform. Additionally, ongoing research projects, including WASM contracts and a Cross-Chain Bridge Module, promise to bring even more versatility and connectivity to the Klayr blockchain. Dive into each phase to understand how Klayr is evolving and what users can expect in the coming months.

Key Takeaways:

  • Klayr is rebranding its Lisk Layer 1 technology and will launch a new blockchain on June 25.
  • Future phases include the launch of the Klayr Explorer, Gateway, and transition to MetaMask Snaps.
  • Ongoing research includes the development of WASM contracts and a Cross-Chain Bridge Module for enhanced functionality.

Klayr's native token, $KLY, will be listed on Bitrue starting July 22. To stay updated on new listings and programs, be sure to follow Bitrue on X (formerly Twitter) and check out Bitrue’s blog for the latest update in crypto space.

Klayr’s Roadmap

Phase 1: Rebranding

Focused Rebranding

Klayr’s initial focus was on rebranding the Lisk layer 1 technology as Klayr. This rebranding effort included the entire tech stack, including the desktop wallet and the explorer, and will be complete when Klayr launches its new blockchain on June 25. The mobile wallet will be discontinued in favor of a better alternative coming in Phase 3.

Phase 2: Klayr Explorer and Klayr Gateway

Klayr Explorer

Following the rebranding, Klayr will launch the Klayr Explorer in three phases. Initially, Klayr will focus on the basic requirements and progressively add more features with each update, incorporating feedback from the community along the way. This new explorer will run alongside the existing rebranded explorer to ensure Klayr’s users always have a fully functional product ready to use. This phased approach will provide users with enhanced features and improved navigation, offering a more intuitive way to interact with the Klayr blockchain.

Klayr Gateway

Alongside the new explorer, Klayr will introduce the Klayr Gateway. This new service will replace the current service, which Klayr identified as a pain point for users and exchanges. Built in NestJS, the Klayr Gateway offers a more modular approach, making it easier for future sidechain developers to incorporate the Gateway into their applications. The new explorer will work in conjunction with the Klayr Gateway from the start for testing purposes. Both the new Gateway and explorer will run alongside the current Klayr service and explorer to ensure users always have reliable, fully functional products available.

Phase 3: Wallet Transition to MetaMask Snaps

MetaMask Snaps Wallet

In this phase, Klayr will transition from its desktop wallet to the MetaMask Snaps wallet. Klayr has decided to put its efforts into making MetaMask Snaps available to users as soon as possible, which is why it discontinued the mobile wallet. This change will enhance the user experience by providing greater flexibility and accessibility, allowing users to manage their assets more efficiently. Integrating with MetaMask Snaps is a more mainstream approach that will help Klayr reach a broader audience while also being easier for the team to maintain and expand.

Phase 4: Introduction of the Klayr Platform

Klayr Platform

This phase will be all about the launch of the Klayr Platform. This comprehensive platform will combine key elements of the new Klayr Explorer and the Klayr Wallet, providing a seamless and integrated user experience. The Klayr Platform will also include functionalities such as minting tokens and NFTs, and on-chain trading, all designed to offer users a robust and versatile blockchain environment. This integration will make processes simpler and make Klayr’s products accessible to more people, setting Klayr up to become a leading platform in the blockchain space.

Ongoing Research: Introduction of WASM Contracts and Cross-Chain Bridge Module

WASM Contracts

Klayr is currently researching the introduction of WebAssembly (WASM) contracts to its platform. This addition aims to provide a more versatile and efficient environment for smart contracts, enabling developers to write and deploy contracts with greater ease and functionality. These efforts are ongoing and are planned for implementation after the launch of the Klayr Platform.

Cross-Chain Bridge Module

Klayr’s research also includes the development of a Cross-Chain Bridge Module. This module will facilitate interoperability between different blockchain networks, enabling seamless asset transfers and communication. This enhancement will significantly improve the overall connectivity and utility of the Klayr blockchain. Like the WASM contracts, this module is planned for after the Klayr Platform launch.

Continuous Updates and New Modules

In addition to these phased launches, Klayr has a separate timeline for introducing new modules to the mainchain. These modules will include:

  • NFT Collection Module: Allowing users to create, manage, and showcase NFT collections.
  • NFT Exchange Module: Enabling the trading of NFTs with various options to enhance market dynamics.
  • On-Chain Storage: Providing scalable and secure storage solutions for data associated with NFTs and other assets.
  • Service as Plugin: Offering modular and customizable solutions to add new functionalities seamlessly.
  • NFT Integration in Platform: Ensuring a cohesive and user-friendly experience for NFT-related activities.
  • Token Factory: Allowing users to create and manage tokens efficiently.
  • Fast BFT: Implementing Fast Byzantine Fault Tolerance to improve the consensus mechanism of the blockchain.
  • Continuous Updates: Regularly releasing updates to enhance functionality, security, and user experience.

FAQs

What is the Klayr Gateway and how will it benefit users? 

The Klayr Gateway is a new service built in NestJS that offers a modular approach, making it easier for future sidechain developers to incorporate it into their applications, enhancing user experience and reliability.

What are the main features of the upcoming Klayr Platform? 

The Klayr Platform will include functionalities such as minting tokens and NFTs, on-chain trading, and integrating the new Klayr Explorer and Wallet for a seamless user experience.

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Disclaimer: The content of this article does not constitute financial or investment advice.

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