Coinspeaker
OKX’s Layer-2 Blockchain X Layer Now Live on Ethereum
Cryptocurrency exchange OKX has joined the likes of Coinbase to venture into the world of decentralized finance (DeFi) with the official launch of its layer-2 blockchain project dubbed X Layer on the Ethereum ecosystem.
The network, initially launched on testnet in November 2023 is designed to provide lower transaction fees and solve the interoperability challenges of the layer-1 blockchains giving users the opportunity to interact with other decentralized applications (dApps) outside Ethereum.
X Layer Now Available to the Public
Formerly known as X1, the project was built using Polygon’s Chain Development Kit (CDK), a modular, open-source software toolkit used by blockchain developers to create personalized L2 chains fueled by zero-knowledge (ZK) proofs on the Ethereum ecosystem.
IT professionals working at OKX will also contribute to the CDK’s codebase used in developing the network.
Sharing the n
We współpracy z: https://www.coinspeaker.com/okxs-layer-2-x-layer-ethereum/
