OKX launches testnet for X1, a zkEVM layer-2 community constructed with Polygon Chain Improvement Equipment

OKX, in collaboration with Polygon Labs, has unveiled the testnet for X1, a brand new, high-performance Zero Data (ZK) layer-2 community crafted with the revolutionary Polygon Chain Improvement Equipment (CDK).

The launch of X1, envisioned as OKX’s native community, marks a pivotal second on this collaboration, promising to combine over 50 million OKX customers with the expansive Polygon and Ethereum communities.

X1 is a developer-centric community designed to catalyze the expansion of Web3 by bridging numerous communities throughout DeFi, enterprise, and different verticals. Its structure, leveraging ZK proofs, ensures a safe, scalable setting conducive to the event of consumer-centric Web3 functions. With its inherent compatibility with Ethereum, X1 guarantees seamless deployment of EVM-based dApps, enhancing connectivity with a variety of sensible contracts, wallets, and instruments.

Jason Lau, OKX’s Chief Innovation Officer, highlights the community’s potential, stating: “X1 might be a key pillar of our efforts to teach and convey our customers on-chain and into the world of Web3.” He emphasizes X1’s position in enabling builders to create user-friendly, world-class Web3 functions, sustaining interoperability with different networks.

Sandeep Nailwal, Polygon’s co-founder, echoes this sentiment. “The X1 community provides builders an inexpensive and user-friendly platform to create decentralized apps,” he notes, underscoring the community’s position in bridging the huge OKX neighborhood with the broader Ethereum ecosystems.

Polygon CDK

The launch of the Polygon CDK in late August marked a major milestone, providing a platform for enterprises and builders to launch ZK-powered layer-2 chains on Ethereum. The adoption of this expertise by numerous tech and enterprise firms, together with Astar and Canto, indicators a rising pattern towards Ethereum ZK L2 options. X1 is a outstanding instance of this pattern, showcasing the potential of Polygon CDK expertise in driving ahead Ethereum scaling and interoperability.

Within the coming weeks, additional particulars in regards to the OKX and Polygon Labs collaboration, together with upcoming developer occasions, are anticipated to be introduced.