Onyx Protocol Unveils Goliath Mainnet, Enhancing Financial Institution Access to DeFi

Onyx Protocol has made significant strides in the decentralized finance (DeFi) space with the launch of its Goliath mainnet, a Layer-1 blockchain network designed specifically for financial institutions. The new network promises to provide secure and seamless infrastructure for banks and financial service providers, with high execution speeds that rival those of Visa's global payment network.

Goliath operates on a proof-of-stake (PoS) consensus model, which enables fast transaction processing without compromising security. This approach allows the network to process up to 24,000 transactions per second, making it an attractive option for financial institutions requiring reliable and scalable infrastructure.