Blockchain Name | X Layer |
Blockchain Code | OKB |
Layer | Layer 2 |
Consensus Mechanism | Other |
EVM Compatible | Yes |
EVM Chain ID | 196 |
Native Coin Code | OKB |
Native Coin Name | OKB |
Project Link | https://www.okx.com/xlayer/docs/getting-started/welcome/welcome-to-xlayer |
Whitepaper | https://www.okx.com/xlayer/docs/getting-started/welcome/welcome-to-xlayer |
X Layer is a blockchain platform designed to enhance scalability, security, and interoperability of decentralized applications (dApps). It focuses on providing a versatile infrastructure that supports various blockchain networks and facilitates seamless cross-chain interactions.
X Layer employs a zk-Rollup consensus mechanism, which involves off-chain transaction processing with on-chain finality. In zk-Rollups, transactions are processed off-chain, and validity proofs are submitted to the Ethereum mainnet. This ensures high throughput, low latency, and robust security. The system relies on sequencers to batch transactions and aggregators to validate these batches and generate zero-knowledge proofs.
X Layer integrates several advanced protocols to support its high-performance blockchain infrastructure. The platform features the Inter-Blockchain Communication (IBC) protocol, enabling seamless interaction and asset transfers between different blockchain networks. This interoperability enhances the utility of dApps and digital assets across various ecosystems.
Additionally, X Layer supports smart contract functionality, allowing developers to create and deploy decentralized applications on the platform. The smart contract system is designed to be compatible with multiple programming languages, providing flexibility and ease of development.
X Layer's infrastructure supports a wide range of use cases across various sectors. One significant application is in decentralized finance (DeFi). The platform's high throughput and low transaction fees make it ideal for DeFi applications such as decentralized exchanges (DEXs), lending platforms, and yield farming protocols. By enabling cross-chain transactions, X Layer allows users to leverage the strengths of multiple blockchain networks within a single DeFi ecosystem.
Another notable use case is in digital asset management. X Layer's interoperability and smart contract support facilitate the creation and management of non-fungible tokens (NFTs) and other digital assets. This provides a secure and efficient platform for artists, creators, and collectors to trade and showcase unique digital assets.
X Layer also supports enterprise solutions, offering a scalable and secure infrastructure for supply chain management, identity verification, and data sharing. The platform's zk-Rollup consensus mechanism ensures the integrity and reliability of these applications, making it suitable for various business needs.