Tech
Cryptocurrency exchange OKX goes live with new Layer-2 chain, following in Coinbase’s footsteps
OKX, the the fourth largest cryptocurrency exchangesaid its new layer 2 blockchain, called X Layer, has gone live on its public mainnet, a continuation of the era when major cryptocurrency companies started their own distributed networks.
In a press release, OKX said that its developers will contribute to the CDK code base and that X Layer will connect to Polygon’s broader ecosystem via AggLayer. AggLayer is an offering from Polygon that aims to unify liquidity across various chains created using the project’s technology.
“OKX’s 50 million users now have an easy path to access X Layer and all other chains connected to AggLayer,” Polygon Labs CEO Mark Boiron said in the release.
X Layer, launched on testnet in November, will give users access to over 170 decentralized applications (dapps), with more scheduled to launch soon.
“We imagine X Layer and other Layer 2 chains as the highway infrastructure of the Web3 world, with dApps as marketplaces and self-hosted wallets as vehicles that get you there,” said Haider Rafique, chief marketing officer of OKX, in the release press. .