- OKX has launched X Layer, a polygon-based Layer 2 community, to the general public mainnet.
- The cryptocurrency trade defined that the launch of X Layer on mainnet is a continuation of a brand new period.
- OKX views the X layer and the remainder of the L2 chain because the freeway infrastructure to the Web3 world.
OKX, a number one centralized cryptocurrency trade, has launched X Layer, a polygon-powered Layer 2 community, to the general public mainnet. In a not too long ago uploaded YouTube broadcast, Crypto World Day by day famous that OKX described the launch of X Layer on mainnet as a continuation of a brand new period.
High crypto exchanges spoke of the brand new period as a stage the place crypto firms began constructing their very own decentralized networks. The cryptocurrency trade famous that the newly launched X Layer (previously referred to as X1) makes use of Polygon's Chain Growth Equipment (CDK). This customizable toolkit permits builders to construct their very own chains utilizing zero-knowledge expertise.
OKX joins different prime cryptocurrency exchanges equivalent to Coinbase and Kraken, which have been pursuing particular Layer 2 networks over the previous yr. In line with reviews, Coinbase launched the “Base” blockchain in August final yr. Whereas the corporate used Optimism's OP stack to construct its blockchain, Kraken is reportedly making a native layer 2 blockchain.
OKX stated in a press launch that builders will start contributing to the CDK codebase. The crypto trade additional defined that X Layer will hook up with the Polygon ecosystem through AggLayer, a Polygon product aimed toward consolidating liquidity throughout varied chains.
Previous to its latest launch on the general public mainnet, X Layer was initially launched in November. OKX says its Layer 2 resolution offers customers entry to greater than 170 decentralized functions (Dapps) on its platform, and that quantity is anticipated to develop quickly.
In line with OKX Chief Advertising and marketing Officer Haider Rafiq, the cryptocurrency trade views the X-layer and different layer 2 chains because the freeway infrastructure to the Web3 world. He believes the setup can be accomplished by combining improvements with different appropriate components, equivalent to his Dapps that act as marketplaces and self-hosted wallets that function a way to finish the setup.
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