Home Crypto Upbit-backed GIWA says mainnet is not live, denies RPC leak

Upbit-backed GIWA says mainnet is not live, denies RPC leak

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Upbit-backed GIWA says mainnet is not live, denies RPC leak
Upbit-backed GIWA says mainnet is not live, denies RPC leak

GIWA has pushed back against rumors that its mainnet RPC was leaked, saying the claim simply doesn’t make sense because the network’s mainnet hasn’t launched yet.

The project posted on Sept. 27 that there is no live mainnet, so there cannot be a leaked mainnet RPC. GIWA also warned users to be careful of false information and scams circulating before the official launch.

The project’s documentation supports that statement. Right now, developers only have access to the GIWA Sepolia testnet. The mainnet section is still marked as under development, and no public mainnet RPC endpoint has been released.

GIWA’s smart contract documentation shows the same thing. Testnet contracts are available, but the mainnet section remains unfinished. Other technical documents also list mainnet features as “coming soon.”

In short, GIWA currently has a working test network, but its production network is not live yet.

GIWA is being built as an Ethereum Layer 2 using Optimism’s OP Stack. The network is designed to work with Ethereum development tools and uses ETH as the asset for transaction fees. According to its documentation, blocks are produced every second, while Ethereum serves as the settlement layer underneath.

Unlike some Layer 2 projects, GIWA does not currently have its own native token. The team says ETH will be used for fees, although stablecoin-based fee payments may be added later through a Paymaster system.

The project became more widely known earlier this year when Upbit partnered with Optimism to build the network. Under that setup, Upbit manages its own infrastructure while receiving technical support from Optimism.

Several parts of the GIWA ecosystem are still being developed. The GIWA Wallet is currently labeled “Coming Soon” on the project’s website. A planned stablecoin ecosystem is also still under development.

For now, developers can use the GIWA Sepolia testnet, request test ETH through a faucet, and build applications using familiar Ethereum tools such as Foundry, Hardhat, and Remix.

GIWA is part of Upbit operator Dunamu’s broader effort to expand into blockchain infrastructure beyond traditional exchange services. Future plans include wallet services, on-chain identity tools, data oracles, and stablecoin payment solutions.

At this stage, however, the project’s message is straightforward: the GIWA mainnet has not launched, and claims about a leaked mainnet RPC are not based on a live network.