Ethereum

NEAR Protocol

Polygon

Coin

<ul class="news-points"> 
 <li>OKX launched the testnet for its zero-knowledge L2 network named “X1”, built with the Polygon CDK. </li> 
 <li>The native utility token of OKX, OKB, will be used to pay for X1 gas fees. </li> 
 <li>In constructing X1, OKX contributes to the development of configurations via the Polygon CDK—alongside NEAR Protocol.</li> 
</ul> 
Crypto exchange OKX and Polygon Labs have introduced the testnet for “X1,” a new Ethereum-based zero-knowledge (ZK) Layer 2 network. Developed using the Polygon Chain Development Kit (CDK), X1 will debut as a zkEVM validium. 
In a <a href="https://www.okx.com/learn/okx-launches-x1-layer-two-polygon-cdk" target="_blank" rel="nofollow">press release through the OKX website</a>, the exchange asserted that this new development opens doors for users and engineers to access the world’s largest blockchain ecosystems. OKX Chief Innovation Officer Jason Lau also emphasized X1’s role in onboarding users into the Web3 world, saying: 
<blockquote class="wp-block-quote"> 
 X1 will be a key pillar of our efforts to educate and bring our users onchain and into the world of Web3… By collaborating with Polygon Labs, we look to bring more builders, more use cases, and ultimately the mass adoption of Web3. 
</blockquote> 
Star Xu, CEO of OKX, expressed his <a href="https://twitter.com/star_okx/status/1724527448296194344" target="_blank" rel="nofollow">delight</a> with the recent partnership through an X (formerly known as Twitter) post. …
The post <a href="https://coinedition.com/okx-releases-ethereum-layer-2-testnet-network-x1-with-polygon-cdk/">OKX Releases Ethereum Layer 2 Testnet Network “X1” With Polygon CDK</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

OKX Releases Ethereum Layer 2 Testnet Network “X1” With Polygon CDK

Coin Edition

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