Cryptocurrencies

OKX enters Ethereum layer-2 arena with X Layer launch

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OKX joins the ranks of exchanges like Coinbase in exploring Ethereum-based (CRYPTO:ETH) layer-2 solutions to enhance user experience and network efficiency.

Leveraging Polygon’s chain development kit (CDK), OKX unveiled X Layer on April 15, integrating zero-knowledge proof (ZK-proof) technology for faster and cheaper transactions with robust security and scalability.

This development signifies a significant step forward in reducing transaction fees and improving cross-chain operability.

By adopting ZK-proofs, OKX demonstrates its commitment to building an efficient and interoperable blockchain ecosystem.

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