OKX, a leading Web3 technology company, has issued updates for December 13, 2023.
OKX’s X1 Joins Particle Network’s Smart WaaS for Account Abstraction Support, Expanding Ecosystem and Use Cases
OKX has announced that Particle Network’s innovative Modular Smart Wallet-as-a-Service (WaaS) solution now supports the testnet version of X1, a cutting-edge, Ethereum-based Zero Knowledge (ZK) Layer-2 network. X1 is a highly performant and secure network, leveraging the robust capabilities of the Polygon Chain Development Kit (CDK).
Particle Network, known for its intent-centric, modular approach to Web3 accessibility, is at the forefront of this integration. The network’s Modular Smart WaaS harnesses the potential of its proprietary technologies, such as:
- Intent Fusion Protocol: A permissionless universal framework for expressing, transforming and executing intents, integrating a Domain Specific Language to simplify the DApp development experience.
- Confidential zkStack: Ensuring privacy and security for social logins and transactions through ZK-proofs.
- Omni-chain Account Abstraction: Simplifying user interactions across different blockchain networks while facilitating cross-chain activity.
The integration of X1’s testnet with the Particle Network’s WaaS adds another use case to X1 and expands its ecosystem further. Currently, there are over 50 projects deployed on the X1 testnet, with more to be added in the coming months.
X1 serves as OKX’s new native network and aims to provide users and developers access to the world’s biggest blockchain ecosystems. A state-of-the-art, user-friendly protocol for builders, creators and Web3 enthusiasts, X1 utilizes ZK proofs, making it highly secure and scalable while also reducing transaction costs. The network is compatible with Ethereum, allowing for seamless and secure deployment of EVM-based DApps and connectivity with a broad spectrum of smart contracts, wallets and tools.
