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OKX’s Polygon-Based L2, X Layer, Hits Public Mainnet

Published 04/17/2024, 02:01 AM
Updated 04/17/2024, 02:15 AM
OKX’s Polygon-Based L2, X Layer, Hits Public Mainnet

  • OKX has released its polygon-powered layer-2 network, X Layer, to the public mainnet.

  • The crypto exchange described the X Layer launch on the mainnet as continuing a new era.

  • OKX considers the X Layer and other L2 chains the highway infrastructure to the Web3 world.

Leading centralized cryptocurrency exchange OKX has released its polygon-powered layer-2 network, X Layer, to the public mainnet. In a recently uploaded YouTube broadcast, Crypto World Daily noted that OKX described the X Layer launch on the mainnet as a continuation of a new era.

The top crypto exchange recounted the new era as a phase where crypto companies started creating their native distributed networks. The crypto exchange noted that the newly launched X Layer, previously known as X1, uses Polygon’s Chain Development Kit (CDK). This customizable toolkit allows developers to build unique chains by using zero-knowledge technology.

OKX joins other top crypto exchanges like Coinbase (NASDAQ:COIN) and Kraken that have pursued their specific Layer-2 networks over the past year. According to reports, Coinbase launched its “Base” blockchain last August. It built the blockchain with Optimism’s OP Sta…

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