Crypto

OKX Launches X1, a Novel zkEVM Layer-2 Network in Partnership with Polygon

Published November 15, 2023

In an exciting development for the blockchain industry, OKX, in partnership with Polygon Labs, has unveiled a new zero-knowledge Ethereum Virtual Machine (zkEVM) Layer-2 network named X1. This groundbreaking platform is designed to enhance scalability and efficiency within the ecosystem.

Forging a Strong Collaboration

OKX's initiative to launch the X1 network comes hand in hand with a broader collaboration with Polygon Labs. As part of this partnership, OKX has committed to becoming a core contributor to the Polygon CDK (Common Development Kit), earmarking substantial engineering resources and expertise to contribute to the project's scalability solutions.

Introducing X1 - OKX's Native Network

X1 stands out as OKX's native network, tailored to provide a seamless and efficient transaction experience. The collaboration and these advancements are emblematic of the industry's ongoing efforts to scale blockchain technology to meet growing demand. By leveraging the capabilities of zkEVM Layer-2 solutions, OKX aims to provide a more robust infrastructure for its users, ultimately enhancing the overall utility and performance of decentralized applications running on Ethereum CRYPTO:ETH.

OKX, Polygon, zkEVM