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- OKX launched the testnet for its zero-knowledge L2 community named “X1”, constructed with the Polygon CDK.
- The native utility token of OKX, OKB, will probably be used to pay for X1 gasoline charges.
- Polygon Labs stated that OKX joined NEAR Protocol and different protocol engineers in setting up X1.
Crypto change OKX and Polygon Labs have launched the testnet for “X1,” a brand new Ethereum-based zero-knowledge (ZK) Layer 2 community. Developed utilizing the Polygon Chain Growth Equipment (CDK), X1 will debut as a zkEVM validium.
In a press launch by the OKX web site, the change asserted that this new growth opens doorways for customers and engineers to entry the world’s largest blockchain ecosystems. OKX Chief Innovation Officer Jason Lau additionally emphasised X1’s function in onboarding customers into the Web3 world, saying:
X1 will probably be a key pillar of our efforts to coach and convey our customers onchain and into the world of Web3… By collaborating with Polygon Labs, we glance to deliver extra builders, extra use circumstances, and finally the mass adoption of Web3.
Star Xu, CEO of OKX, expressed his delight with the latest partnership by an X (previously often called Twitter) put up. He additional famous that OKX will profit from Polygon’s “superb zkEVM know-how.”
Polygon Co-Founder Sandeep Nailwal stated in a press release that X1’s use of Polygon CDK know-how marks a major leap ahead. He additional underscored that the X1 community will present builders with an “reasonably priced and user-friendly platform to create decentralized apps.”
Furthermore, Nailwal wrote on his X account that the “integration of X1 into the Polygon Ecosystem considerably enhances the ecosystem’s community results.”
Moreover, Polygon Labs detailed within the X announcement that with the event of X1, OKX joins the decentralized software platform NEAR Protocol—alongside different protocol engineers. As a consequence, they contribute to the event of configurations and instruments for chains by way of the Polygon CDK.
It’s price mentioning that Polygon and NEAR Protocol introduced their plans for a partnership in constructing a brand new zkWasm on November 8. This integration will enable any WebAssembly chain to show itself within the Ethereum ecosystem whereas maximizing the safety parts of Layer 2.
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