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Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet

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Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.

, said its new layer-2 blockchain, called X Layer, has gone live on its public mainnet, a continuation in the era of major crypto companies starting their own distributed networks.The news comes as other major cryptocurrency exchanges have pursued their own layer-2 networks over the past year. In August, Coinbase launched

In a press release, OKX said its developers will be contributing to CDK’s codebase, and that X Layer will connect to Polygon’s wider ecosystem“OKX’s 50 million users now have an easy path to onboarding to X Layer and all the other chains connected to the AggLayer,” Polygon Labs Chief Executive Officer Mark Boiron said in the release.

 

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