Crypto Company Unveils Frame Testnet in Private Beta

The Crypto Company has announced the release of its Frame testnet in private beta. This marks an important milestone for the company's Layer 1 blockchain, which aims to connect fragmented blockchain ecosystems into a single interoperable network.

According to The Crypto Company, each blockchain currently operates as its own economy, with value transferred between chains relying on bridges that hold assets and create potential security risks. Frame is designed to change this by allowing business to be conducted across chains as if they were part of the same network.

The company claims that transactions on Frame can settle in under two seconds, eliminating the need for third-party bridges and reducing the risk of front-running. Additionally, Frame wallets are said to be quantum-resistant from genesis, meaning users won't have to migrate their wallets if quantum computers become a threat.