🌸 Hana Network: March 2024 Update

Welcome to the Hana Network Monthly Update

xen
Hana Network
Published in
4 min readMar 27, 2024

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This month has been another exciting time for Hana Network as we continue to make significant progress towards our goal of becoming a leading gateway for users entering the blockchain space. In this recap, we’ll delve into the latest developments, including:

• Key partnerships and collaborations.

• Expansion of our product offerings.

• Community growth and engagement initiatives.

• Upcoming milestones and exciting future plans.

We encourage you to take a few minutes to learn more about what we’ve been working on and how we’re shaping the future of blockchain accessibility.

🌐 Collaboration with Restaking Protocols

We have collaborated with the leading restaking protocols in the industry, EigenLayer from the Ethereum ecosystem and Babylon from the Bitcoin ecosystem. With this collaboration, we hope to deliver the best user experience for trustless and private transfers of BTC and ETH across various ecosystems through Hana Network, while fortifying Hana Gateway with their top-notch security for the safety of our users’ funds from EigenLayer and Babylon.

Hana Gateway will serve as a seamless on-ramp for users, enabling them to convert their fiat currency to BTC and ETH for restaking on Babylon and EigenLayer. Our user-friendly interface is designed to attract new users to the blockchain ecosystem and offers a one-stop platform for both on-ramping and off-ramping, aiming to accelerate the mainstream adoption of blockchain technology.

🙌 Successful Testnet Launch

Hana Network successfully ran a public testnet, allowing users to thoroughly test our product. We received overwhelmingly positive feedback, and we’re confident that our seamless user interface designed for everyday users will be well-received upon mainnet launch. The testnet participation has grown steadily, reaching over 185,000 users who have collectively generated over 1,600,000 transactions.

Moving forward, we’ll continue adding features, including expanding login options to MetaMask users and further enhancing the user experience. We plan to launch a node operator program in the coming months in preparation for our mainnet launch later this year.

👀 Question and Answer for New Members

As our community continues to grow rapidly, we’ve received numerous questions about Hana Network, including: “What is it?”, “What’s in store for the future?”, and “Does it offer account abstraction?” To ensure everyone is on the same page, we’ve created a comprehensive “Get to Know Hana Network” series in a single tweet. We hope it answers these questions and helps you learn more about Hana Network.

Additionally, to facilitate user onboarding for our Testnet launch, we’ve prepared a detailed Medium article and a tutorial on Discord. This will help potential users join our pioneer community before the full launch later this year.

✈️ Hana in Denver

Last month, Hana Network’s Founder participated in one of the biggest blockchain events of the year, connecting with numerous builders across the ecosystem who share our vision of building groundbreaking innovations in the blockchain space. Through this event, we established strong partnerships and identified promising protocols whose blockchain ecosystems could benefit from integrating Hana Gateway.

We aim to further explore potential collaborations to expand Hana Gateway’s use cases across various blockchain sectors. Of course, we are also in discussions with many teams to integrate Hana Gateway upon our full launch.

About Hana Network

Hana Network is a blockchain platform focused on making it easier for users to enter the blockchain space. It is built on the Cosmos SDK and uses a Proof-of-Stake consensus mechanism. Hana Network is developing its privacy pools to enhance user privacy. Notably, it has already launched a successful trustless on-off ramp application powered by zero-knowledge proofs, attracting over 185,000 users. Overall, Hana Network aims to simplify user onboarding and bridge the gap between traditional finance and the blockchain world.

Twitter | Application | Discord | Website

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