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X Layer public mainnet is now online, building an ecosystem with more than 200 dApps

X Layer public mainnet is now online, building an ecosystem with more than 200 dApps

BlockBeats-Article2024/04/16 02:59
By:BlockBeats-Article
Original author: Haider Rafique, Chief Marketing Officer of OKX

Today we officially launched our Layer2 public mainnet, X LAYER, to build an ecosystem with over 200 dApps.


X LAYER has been integrated with OKX Exchange (CEX) and OKX Web3 Wallet, and users can seamlessly bridge assets from both platforms to X LAYER and interact with dApps deployed on the network.


X LAYER is a combination of the OKX symbol X, which stands for openness and interoperability, and the word LAYER, which is a family of different types of protocols designed to increase the scalability of blockchain networks. X LAYER is universal and does not limit innovation to a single use case. Our vision is that on-chain developers can use X LAYER and its infrastructure to create new "layers" for a variety of use cases.


Progress since the launch of the X LAYER testnet


More than 200 dApps have joined the X LAYER testnet stage, and thousands of developers are actively building protocols on the X LAYER network. Our goal is to make it cheaper and faster for millions of people to enter and exit on-chain applications through the Layer2 network X LAYER, which is driven by ZK technology and compatible with the Ethereum Virtual Machine (EVM).


The current 200+ dApps on the X LAYER network include approximately 40 DeFi applications, 20 infrastructure applications, 12 bridge applications, 5 growth tools, 16 wallets, 10 NFT and game applications, 10 SocialFi, and some development tool dApps.


Some of the most popular Web3 dApps are being built on X LAYER:


•   DeFi dApps such as Curve, Renzo, and QuickSwap

•   Infrastructure applications including Layerzero, Wormhole, EigenLayer (DA)


Now that the X LAYER public mainnet is live, our focus is to attract as many developers and users as possible to participate. Our goal is to incentivize and promote innovation in L2 based on ZK technology by providing a seamless and efficient on-chain experience.


X LAYER's Long-term Goals


We are essentially a technology company that has grown into one of the world's largest crypto ecosystems since its founding in 2014. We believe in the transformative power of blockchain for the world and have invested resources and time to create the world's most powerful Web3 products.


With the same commitment and determination, we are focusing on three core areas of X LAYER:


1. Easy-to-use on-chain decentralized applications

• Bridge chain to make it more interoperable and accessible

• Improve the practicality of onboarding and interaction design to make it more intuitive

• Integrate all DApps with OKX Web3 wallet to ensure a simple UI

• Advanced wallet services including account abstraction


2. Empower builders and creators

• Partner with Polygon Labs to provide builders with an advanced technology stack

• Work closely with builders to help them realize their vision on our L2 chain

• Release documentation in a timely manner to clearly guide developers through the development process

• Provide a platform for developers to test with millions of active users on the chain dApps


3. Cheaper and Faster On-Chain Experience

• Dramatically reduce transaction fees to make dApps interactions more economical

• Improve TPS by optimizing transaction batching and approval


Over the past few years, we launched our first self-custodial wallet and subsequently launched new services such as search, exchange, and cross-chain to hundreds of on-chain networks within the wallet. In addition, we introduced innovative features such as Ordinals and creator tools to welcome diverse on-chain activity use cases. At the end of last year, we announced plans to develop Ethereum L2, which we believe will be the next building block to improve the way users interact with on-chain applications.


We understand our Web3 ecosystem through the following Web3 building blocks, described by the metaphor of transportation such as cars, destinations, services, and highways.


X Layer public mainnet is now online, building an ecosystem with more than 200 dApps image 0


X Layer public mainnet is now online, building an ecosystem with more than 200 dApps image 1


X LAYER's goal is to unlock and accelerate global adoption of the Web3 economy, ensuring greater freedom and opportunity for millions of people around the world. We are very excited about what's to come and welcome you to join us in our efforts to turn X LAYER's vision into reality.


Let’s build the future of Web3 together.


This article is from a contribution and does not represent the views of BlockBeats.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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