Ethereum

Polygon

<ul><li>OKX&#39;s X Layer operates on a zero-knowledge roll-up system, aiming to boost transaction speed and decrease costs on Ethereum.</li><li>The network supports over 170 decentralized applications, facilitating various crypto transactions, including swaps and staking.</li><li>X Layer aims to streamline Web3 access, connecting multiple blockchain networks to increase liquidity and user integration.</li></ul>OKX, a leading centralized cryptocurrency exchange, has officially <a href="https://www.okx.com/learn/x-layer-mainnet" rel="noopener noreferrer nofollow">launched</a> X Layer on its public mainnet. This new development is an Ethereum-based, zero-knowledge Layer 2 network using the Polygon Chain Development Kit. The rollout occurred on Monday evening, aiming to integrate 50 million users into the blockchain environment.OKX’s Chief Marketing Officer, Haider Rafique, highlighted the strategic vision behind this innovation. He explained, “We envision X Layer and other Layer 2 chains as the highway infrastructure of the Web3 world, with dApps as the marketplaces and self-hosted wallets as the vehicles that take you there. In pursuit of this vision, we are building an ecosystem that is as seamless and interoperable as possible.”<img src="https://academy-public.coinmarketcap.com/optimized-uploads/fbe77ddaa694419e8d72e72ebcd92e2f.png" />Previously known as &#34;X1,&#34; X Layer made its <a href="https://cryptotale.org/okx-introduces-x1-a-polygon-powered-zk-layer-2-network-for-enhanced-web3-access/" rel="noopener noreferrer nofollow">debut</a> on a testnet in November, quickly attracting over 50 decentralized applications, including prominent names like The Graph, Curve, and QuickSwap. These applications are now operational, leveraging the new network&#39;s capabilities to enhance performance and user experience.<a href="https://cryptotale.org/okx-debuts-layer-2-on-mainnet-targets-50-million-users/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

OKX Debuts Layer 2 on Mainnet, Targets 50 Million Users

CryptoTale

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