Star Xu, the founder of the OKX exchange, has made an announcement on Twitter about the future of the exchange’s public blockchain. According to Xu, the new exchange public blockchain, OKBChain, will be a layer 2 (L2) chain of Ethereum, starting from side chain technology and eventually developing to ZK technology. However, the old OKT Chain will continue to be kept as L1.
In response to a question from a community member about whether OKBChain and OKT will be different or under one umbrella, Xu clarified that OKT Chain would remain an L1 chain and that the closest launch would be OKTC WASM. It will allow developers to create high-performance Dapps through Rust or C++. Xu also stated that both OKTC and OKBC are on the OKX core chain strategy.
Xu’s tweet comes after a previous tweet in which he stated that the Testnet for the new public blockchain would launch soon without delay. With this announcement, it seems that the OKX exchange is making strides toward a more advanced and efficient blockchain infrastructure, promising exciting developments for users and investors alike.
OKX’s Core Products: Driving Blockchain Solutions
In an announcement on social media by a Twitter account, OKC, it was reported that OKBchain would launch its testnet as planned in March. The company also provided some additional details regarding its other projects.
According to a tweet, OKTChain will refer to the current OKC and will continue to operate as an L1 public chain. The platform will also support WASM virtual machines in the future, providing increased functionality for its users.
OKB Chain, on the other hand, is positioned as an L2 of ETH and will take the ZK route. This will allow the platform to provide enhanced security and scalability, making it an attractive option for developers and users.
Both OKT Chain and OKB Chain are considered core products of OKX, a leading provider of blockchain solutions.
However, as the company continues to expand its offerings and explore new technologies, it will be interesting to see how these projects develop and contribute to the overall growth of the blockchain ecosystem.