OKX Announces New Layer 2 Network X1 Using Polygon Technology, Part of Exchange Trend Toward Scaling Solutions
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OKX exchange announcing layer 2 network "X1" using Polygon's technology
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X1 expected to launch in Q1 2024, will use Polygon's zero-knowledge proofs
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Part of trend of exchanges releasing layer 2 networks (Coinbase, Kraken)
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Polygon's tech being considered by Kraken for its layer 2
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OKX engineers becoming core Polygon CDK contributors
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OKX token OKB to be used for gas fees on X1
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X1 aimed at educating users, bringing them on-chain into Web3
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X1 touted as scalable and accessible for developers
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X1 maintains interoperability with other networks/ecosystems