Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet
OKX, the fourth-largest crypto exchange, has launched its new layer-2 blockchain, X Layer, on its public mainnet. X Layer, previously known as X1, uses Polygon's Chain Development Kit (CDK), which allows developers to build their own chains using zero-knowledge technology. OKX's developers will contribute to CDK’s codebase and X Layer will connect to Polygon’s ecosystem via the AggLayer, a Polygon feature that aims to unify liquidity across various chains. X Layer will enable users to access over 170 decentralized applications (dapps), with more expected to launch soon. This follows a trend of major cryptocurrency exchanges creating their own layer-2 networks, with Coinbase launching its “Base” blockchain in August and Kraken reportedly also considering its own layer-2 blockchain.
