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OKX Introduces X Layer on Mainnet, Aiming for 50 Million Users

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by Giorgi Kostiuk

a year ago


In a recent development, OKX has launched X Layer on its public mainnet, representing a zero-knowledge Layer 2 network based on Ethereum and utilizing the Polygon Chain Development Kit. The objective of this release is to draw in 50 million users to engage with the blockchain environment.

The Chief Marketing Officer of OKX, Haider Rafique, outlined the strategic outlook driving this initiative. The vision is to position X Layer and other Layer 2 chains as the essential infrastructure of the Web3 realm, with decentralized applications (dApps) serving as marketplaces and self-hosted wallets acting as the vehicles transporting individuals within this ecosystem. The primary goal is to establish a seamless and interoperable ecosystem.

Initially recognized as "X1," X Layer was first introduced on a testnet in November, attracting more than 50 decentralized applications such as The Graph, Curve, and QuickSwap. These applications now operate on the network, utilizing its capabilities to improve performance and user satisfaction.

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