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OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
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On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform Polygon Labs to launch a test network for X1, a new zkEVM layer-2 solution designed to improve transaction speeds and reduce costs. This collaboration seeks to advance the development of layer-2 networks and drive mainstream adoption of Ethereum scaling solutions.
OKX revealed plans to unveil X1 based on Polygon’s zero-knowledge rollup technology. This network will utilize Polygon’s Chain Development Kit (CDK) to leverage the security of the Ethereum blockchain while significantly enhancing performance.
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