The article discusses the introduction of Goliath, a Layer-1 blockchain by Onyx, designed specifically for financial institutions. Goliath aims to provide scalable and secure infrastructure for banks and financial service providers, with transaction speeds comparable to networks like Visa. It will use a Proof-of-Stake (PoS) consensus mechanism to support high-speed transactions and reduce energy consumption. Goliath will operate independently as a Layer-1 blockchain but remain interoperable with existing financial networks. Onyx has outlined key milestones for the project, with the testnet scheduled for Q3 2025 and the mainnet launch in early 2026. In addition, Onyx is launching a Points Program for its Layer-3 XCN Ledger. While Goliath introduces a new blockchain layer, XCN will remain on Ethereum and be bridged to the new network. The article also mentions the recent decline in XCN price, but it is unclear whether Goliath will have a significant impact on the token's performance.



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