OKX, a prominent Web3 technology company, has released key updates on December 13, 2023. The notable announcement includes the integration of OKX's X1 with Particle Network's Modular Smart Wallet-as-a-Service (WaaS) for Account Abstraction Support. X1, a cutting-edge Ethereum-based Zero Knowledge (ZK) Layer-2 network, now supports Particle Network's WaaS on its testnet version. This collaboration enhances X1's ecosystem and introduces additional use cases.
Particle Network's Modular Smart WaaS employs innovative technologies such as the Intent Fusion Protocol, providing a universal framework for expressing, transforming, and executing intents in DApp development. The Confidential zkStack ensures privacy and security through Zero-Knowledge proofs, while Omni-chain Account Abstraction simplifies user interactions across different blockchain networks.
The integration expands X1's use cases, and its testnet already hosts over 50 projects, with more anticipated in the coming months. X1, as OKX's native network, offers a user-friendly protocol utilizing ZK proofs, ensuring security and scalability while reducing transaction costs. It is compatible with Ethereum, allowing seamless deployment of EVM-based DApps and connectivity with various smart contracts, wallets, and tools.
For further details, visit the X1 website or follow X1 on X and Discord. OKX, as a global technology leader in Web3, provides a comprehensive suite of products, including the OKX Wallet, a versatile crypto wallet; a decentralized exchange aggregator (DEX) supporting multiple blockchains; a zero-fee NFT marketplace across seven top-tier platforms; and a powerful DeFi platform supporting about 70 protocols across more than 10 chains. The company, known for challenging the status quo, has also launched a global brand campaign, "The System Needs a Rewrite," advocating for a new paradigm led by Web3 self-managed technology. For more information, visit okx.com.
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