{"id":29263,"date":"2024-04-16T19:32:17","date_gmt":"2024-04-16T19:32:17","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer\/"},"modified":"2024-04-16T19:32:17","modified_gmt":"2024-04-16T19:32:17","slug":"okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer\/","title":{"rendered":"OKX launches public mainnet for its ZK-powered L2 network \u201cX Layer\u201d"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678810882741-4fd11f7a-fafd-4cdb-bb13-6623e2abff64-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678810882741-4fd11f7a-fafd-4cdb-bb13-6623e2abff64-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678810882741-4fd11f7a-fafd-4cdb-bb13-6623e2abff64-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1678810882741-4fd11f7a-fafd-4cdb-bb13-6623e2abff64-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">X Layer is a zero knowledge (ZK), EVM-compatible Layer-2 network.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The Polygon CDK powered L2 is live and\u00a0 integrates with over 200 dApps across DeFi, wallets, NFTs and gaming among others.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/okx-review-a-one-stop-platform-for-crypto-defi-dapps-nfts-and-gamefi\/\">OKX<\/a>, one of the world\u2019s largest crypto exchange companies, has launched the public mainnet of its EVM-compatible Layer 2 network \u201cX Layer\u201d is now live.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Haider Rafique, the chief marketing officer at OKX, announced the launch in a <a href=\"https:\/\/www.okx.com\/learn\/x-layer-mainnet\" target=\"_blank\" rel=\"noopener\">blog post<\/a> on Tuesday.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the OKX official, the Polygon Chain Development Kit (CDK)-powered L2 integrates with over 200 decentralised applications (dApps) onboarded during X Layer\u2019s testnet.<\/span><\/p>\n<h2>X Layer integrates over 200 dApps<\/h2>\n<p><span style=\"font-weight: 400\">X Layer also integrates with the OKX exchange\u2019s CEX platform and the OKX Web3 Wallet. <\/span><\/p>\n<p><span style=\"font-weight: 400\">As an EVM-compatible network, X Layer allows users to tap into dApps on Ethereum as well as bridge assets from the OKX CEX and Web3 Wallet.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c<em>Our objective is to make it cheaper and faster for millions of people to go in and out of on-chain applications through our Zero-Knowledge Proof (ZK) powered, EVM compatible L2 network<\/em>,\u201d Rafique noted in the blog post published on April 16.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Applications currently available with the mainnet launch include 40 <a href=\"https:\/\/coinjournal.net\/news\/tag\/defi\/\">DeFi<\/a> projects, 20 Infrastructure, 12 bridge,\u00a0 and 16 wallets. There are also 10 NFT and gaming, 10 SocialFi applications and numerous dev tooling dApps.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Popular DeFi dApps on X Layer include Chainlink, Curve, Renzo, and QuickSwap while Infra applications include LayerZero, Wormhole, and EigenLayer (DA).<\/span><\/p>\n<p><span style=\"font-weight: 400\">X Layer is aimed at unlocking and accelerating adoption of Web3 economy, Rafique said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">OKB, the native OKX token, will serve as the native asset of the X Layer network. Users will leverage the token for transaction fees on the network.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) X Layer is a zero knowledge (ZK), EVM-compatible Layer-2 network. The Polygon CDK powered L2 is live and\u00a0 integrates with over 200 dApps across DeFi, wallets, NFTs and gaming among others. OKX, one of the world\u2019s largest crypto exchange companies, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":29264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29263"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=29263"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/29264"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=29263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=29263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=29263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}