Cryptocurrency exchange OKX has revealed that it is launching its own zkEVM (zero-knowledge Ethereum Virtual Machine) Layer-2 testnet in partnership with blockchain developer Polygon Labs.
The development sees OKX join a growing list of crypto exchanges building their own Layer-2 networks.
The X1 Layer-2 Network
The OKX-Polygon Labs Collaboration will see the launch of a new Ethereum Layer-2 called X1. The testnet, which was launched today, will use zero-knowledge (ZK) proofs to enable quick and low-cost transactions on a secure network, compatible with Ethereum. The network will mark OKX’s first step towards building and developing its own on-chain environment. OKX’s Chief Innovation Officer, Jason Lau, while talking about X1 and the collaboration with Polygon Labs, stated,
“This scalable and accessible network is perfect for developers who can build on X1 to deliver user-friendly world-class consumer Web3 applications, all while maintaining interoperability with other net
We współpracy z: https://cryptodaily.co.uk/2023/11/okx-launches-layer-2-network-in-partnership-with-polygon
