Online reports that Onyx announced the launch of the Layer1 blockchain Goliath, designed specifically for financial institutions, which will provide "transaction speeds comparable to networks such as Visa." It is reported that Visa can process 24,000 transactions per second. Goliath will use a proof-of-stake (PoS) consensus mechanism to support high-speed transactions. According to the announcement, the project is built on XCN Ledger. Onyxcoin is already using it as a Layer-3 aggregation solution in the Onyx ecosystem. Goliath will operate as a stand-alone Layer-1 blockchain, but will still remain interoperable with existing financial networks. In addition, Onyx has set key milestones for the project. The testnet will be deployed in the third quarter of 2025, while the mainnet will be released in early 2026.