CopInk is built on Ink Chain, a new Ethereum Layer 2 backed by Kraken. Here's everything you need to know about the blockchain powering your copy trades.
What is Ink Chain?
Ink is an Ethereum Layer 2 (L2) blockchain built using the OP Stack (same technology as Optimism and Base). It was created by Kraken, one of the largest and most trusted cryptocurrency exchanges.
Key Features
Speed
Ink processes transactions in under 1 second. This is crucial for copy trading, where timing matters. When a trader opens a position, your copied trade executes almost instantly.
Low Fees
Transaction costs on Ink are a fraction of Ethereum mainnet fees. A typical trade costs less than $0.01, making frequent trading economically viable.
Security
As an Ethereum L2, Ink inherits Ethereum's security guarantees. Your funds are protected by the most battle-tested blockchain in existence.
EVM Compatible
Ink is fully compatible with Ethereum. This means:
- Use any Ethereum wallet (MetaMask, Rabby, etc.)
- Familiar addresses and transactions
- Same security practices you already know
Why CopInk Chose Ink
We evaluated multiple L2s before choosing Ink. Here's why it won:
1. Kraken Backing
Kraken has operated since 2011 with zero major security incidents. Their reputation for security and compliance gives us confidence in Ink's long-term viability.
2. Optimized for DeFi
Ink is designed with DeFi applications in mind. The chain prioritizes:
- Fast finality
- Predictable gas prices
- Robust infrastructure
3. Growing Ecosystem
Ink is attracting quality DeFi projects, including Nado Protocol (which CopInk uses for subaccounts). A healthy ecosystem means better composability and opportunities.
How to Add Ink to Your Wallet
Adding Ink Chain to MetaMask is simple:
Network Details:
- Network Name: Ink
- RPC URL: https://rpc-gel.inkonchain.com
- Chain ID: 57073
- Currency Symbol: ETH
- Block Explorer: https://explorer.inkonchain.com
Or visit the Ink website and click "Add to Wallet" for automatic setup.
The Future of Ink
Kraken has ambitious plans for Ink:
- Integration with Kraken's centralized exchange
- Fiat on-ramps directly to Ink
- Growing DeFi ecosystem
- Potential token launch
Being early on Ink could position you for future opportunities.
Conclusion
Ink Chain provides the perfect foundation for CopInk: fast, cheap, and secure. Built by one of crypto's most trusted names, it's the ideal home for on-chain copy trading.
When you trade on CopInk, you're benefiting from cutting-edge L2 technology without even thinking about it. That's how blockchain should work.