OKX and Polygon jointly launched the zkEVM Layer2 network X1, with OKB serving as the native token.
According to BlockBeats news on November 15th, OKX and Polygon jointly launched zKEVM Layer2 network X1 and officially launched the testnet. This network is an upgrade of OKBC and is a high-performance, highly secure Ethereum Layer2 network built on Polygon CDK. Through ZK zero-knowledge proof technology, it helps users achieve lower transaction costs and OKB will serve as its native token.
It is reported that X1 will become a bridge connecting OKX's global user base of over 50 million with Polygon and the Ethereum ecosystem, allowing developers to seamlessly and securely deploy EVM-based DApps, and connect more smart contracts, wallets, and tools.