CCovalent announced a partnership with OKX to provide CXT staking delegation services through the OKX official app. OKX now runs the Ethereum Time Machine (EWM) infrastructure as a Block Specimen Producer, aiming to expand its business decentralization strategy. Through this partnership, users will receive higher returns by delegating CXT staking to OKX.
Ethereum Time Machine (EWM) is an important DePin initiative that aims to preserve and verify Ethereum's long-term historical data. As Ethereum scales using L2 solutions such as Rollup, it becomes increasingly difficult to access and maintain its vast transaction history. EWM solves this problem by providing a decentralized, verifiable archive that ensures the integrity and accessibility of Ethereum's history. The initiative not only protects the integrity of Ethereum data, but also ensures its availability to downstream systems that rely on accurate blockchain history, such as decentralized computing and AI.