Tue, April 16, 2024 at 19:07

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    Joy

    • Hey Annie!

    • Guess what?

    • OKX, one of the world's largest crypto exchange companies, just launched the public mainnet of its EVM-compatible Layer 2 network, X Layer!๐Ÿš€

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  • Annie

    • Oh wow, really?๐Ÿ˜ฎ What does that mean exactly?

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    Joy

    • Well, in simple terms, a Layer 2 network is like a side road that helps reduce traffic on the main Ethereum highway.

    • It's designed to make transactions faster and cheaper.

    • X Layer is also EVM-compatible, meaning it can run Ethereum-based applications.

  • Annie

    • Ah, I see!

    • So it's like a shortcut for Ethereum transactions.

    • But what's this about it being 'ZK-powered'?

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  • ADward

    • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... ๐Ÿ˜…

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  • ์ธ๋„ค์ผ

    Joy

    • Good question!

    • ZK stands for 'Zero Knowledge', a type of proof where one party can prove to another that they know a value x, without conveying any information apart from the fact they know the value x.

    • In other words, it's all about privacy and security.๐Ÿ‘Œ

  • Annie

    • Hmm... interesting!

    • And what about the dApps?

    • It says here that X Layer integrates with over 200 dApps?

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    Joy

    • Yep!

    • That's right.

    • X Layer integrates with over 200 decentralized applications (dApps) across various sectors like DeFi, wallets, NFTs and gaming among others.

    • Some popular DeFi dApps on X Layer include Chainlink, Curve, Renzo, and QuickSwap.

  • Annie

    • Wow, that's a lot!

    • And what's the role of OKB, the native OKX token, in all of this?

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    Joy

    • Great question!

    • OKB will serve as the native asset of the X Layer network.

    • Users will leverage the token for transaction fees on the network.

    • So, it's pretty important!๐Ÿ’ฐ

  • Annie

    • I see...

    • So, is this good news or bad news for the market?

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  • ์ธ๋„ค์ผ

    Joy

    • Oh, it's definitely good news!

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    • This could potentially unlock and accelerate the adoption of Web3 economy.

    • Plus, it makes transactions cheaper and faster for millions of people.

    • So yeah, it's a win-win situation!๐ŸŽ‰

    • To sum up, this article is considered a ๐Ÿ˜Bullish for investors!!