Crypto commerce OKX on Monday launched the public mainnet rollout of “X Layer,” its layer 2 resolution designed to link users with the Ethereum ecosystem.

X Layer is essentially the most up-to-date layer 2 built with the Polygon Chain Model Equipment (CDK), a framework that lets in developers to create blockchains consistent with zero-info proofs. Zero-info (ZK) proofs would possibly per chance per chance presumably additionally be tapped by developers to elevate privateness and reinforce scalability.

Read more: What Are Zero-Recordsdata Proofs?

On yarn of the mainnet open, OKX’s 50 million users globally can withdraw tokens from the commerce and onto its Ethereum-linked layer 2 in the event that they wish to transact onchain — alongside side interacting with decentralized functions (DAPPs).

OKX’s platform token, OKB, light to pay network gas costs, increased 14% in the supreme 24 hours to alternate at $59.15, recordsdata from CoinGecko presentations. The switch comes as OKX, which holds over $22 billion in crypto custody, has develop into the third-biggest commerce by 24-hour trading volume with over $5.2 billion, in the support of most efficient Binance and Bybit.

The public mainnet open of X Layer follows in the footsteps of crypto exchanges Bybit and Coinbase releasing their very possess layer 2 blockchain network, Mantle and Depraved, respectively. Each and every has the purpose of onboarding millions of alternative folks onchain.

Polygon’s CEO Marc Boiron, told Unchained that more crypto exchanges would possibly per chance per chance presumably be the utilization of the Polygon CDK to create out their very possess layer 2 networks.

“There’s obviously some stage of ‘Howdy, Depraved is doing this, and we test up on Bybit doing this,’ but I mediate a form of right here’s truly correct a large different that exists and namely in this ecosystem, the build with Polygon you have the AggLayer that connects all of it,” Boiron talked about.

X Layer plugs into Polygon’s AggLayer, a protocol that lets in an aggregated blockchain ecosystem to unify varied layer 2 networks and permit users to switch property at some stage in chains.

“X Layer’s connection to the AggLayer solves the fragmentation of liquidity and users at some stage in chains on the AggLayer to permit them to all develop together,” Boiron talked about in a further assertion. “OKX’s 50M users now have an easy direction to onboarding to X Layer and the total other chains connected to the AggLayer.”