{"id":667,"date":"2024-04-15T22:25:44","date_gmt":"2024-04-15T22:25:44","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/15\/okxs-l2-blockchain-x-layer-is-now-active-on-public-mainnet\/"},"modified":"2024-04-15T22:25:44","modified_gmt":"2024-04-15T22:25:44","slug":"okxs-l2-blockchain-x-layer-is-now-active-on-public-mainnet","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/15\/okxs-l2-blockchain-x-layer-is-now-active-on-public-mainnet\/","title":{"rendered":"OKX&#8217;s L2 blockchain X Layer is now active on public mainnet"},"content":{"rendered":"<p>The name &#8220;X&#8221; represents openness and interoperability, while &#8220;LAYER&#8221; signifies different protocols working together to enhance the scalability of a blockchain network. Major crypto exchanges, such as Kraken and OKX, are developing their own layer-2 networks in line with this trend. OKX&#8217;s developers aim to contribute to the CDK codebase and facilitate onboarding to X Layer for its 50 million users.<\/p>\n<p>X Layer, which initially launched on a testnet in November, currently supports over 170 decentralized applications (dapps) and plans to add more. The network aims to be foundational infrastructure for the web3 ecosystem, with Layer-2 chains serving as highways for accessing dApps and self-hosted wallets. Regarding regulations, the SEC in the US and other regional regulators have indicated that most cryptocurrencies are subject to securities regulations, but their stance on memecoins remains unclear.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The name &#8220;X&#8221; represents openness and interoperability, while &#8220;LAYER&#8221; signifies different protocols working together to enhance the scalability of a blockchain network. Major crypto exchanges, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[225],"tags":[],"class_list":["post-667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-x-layer"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=667"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/666"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}