Wormhole launches Ethereum L2 support 🚀🔥

Unlocking the Potential of X Layer for Seamless Cross-Chain Transfers

Discover how X Layer, Wormhole’s latest integration, is revolutionizing cross-chain interoperability with its Ethereum Layer 2 network. Explore the benefits, operation, and application of X Layer in enhancing the blockchain experience for developers and users alike.

Introduction to X Layer

Explore how Wormhole integrates X Layer, an Ethereum Layer 2 (L2) network, into its cross-chain interoperability platform. X Layer ensures secure and user-friendly blockchain transactions through advanced cryptographic zero-knowledge proofs (ZKPs) for off-chain computation validity and near-instant finality.

How X Layer Operates

Understand how X Layer functions as a validity rollup, processing transactions off-chain and posting data to Ethereum Layer 1 (L1). By submitting Zero Knowledge Proofs to L1 for state verification through smart contracts, X Layer’s zkEVM architecture comprises Zero-Knowledge Proofs (ZKPs) and Ethereum Virtual Machine (EVM).

Zero-Knowledge Proofs (ZKPs): Validate transaction batches through succinct proofs for computational trustworthiness and scalability.
Ethereum Virtual Machine (EVM): Execute smart contracts within the Ethereum ecosystem, providing global computing network capabilities with ZK-proven computation.

Benefits of X Layer

Discover the advantages of X Layer for developers and users seeking Ethereum and EVM benefits with enhanced scalability and cost-efficiency. Key benefits include scalability, lower fees, ZK-powered scalability, Ethereum security, unified liquidity, near-instant finality, OKX integration, and Web3 gateway access.

Scalability and Flexibility: Offers EVM Validium scalability and flexibility for data availability.
Lower Fees: Reduces costs by circumventing high gas fees on Ethereum L1 for transaction storage.
ZK-Powered Scalability: Overcomes transaction data limitations on Ethereum through ZK-validity proofs.
Ethereum Security: Ensures high-level security for user funds with Ethereum’s trusted security measures.
Unified Liquidity: Enables seamless asset transfers within the Polygon ecosystem via ZK-powered interoperability.
Near-Instant Finality: Guarantees transaction integrity with near-instant finality and robust security.
Powered by OKX: Integrates seamlessly with OKX products, offering Web3 access to 50 million users in the OKX ecosystem.
Gateway to Web3: Provides entry into the Web3 landscape through OKX Wallet’s infrastructure modules for innovative dApps support.

Asset Transfers with X Layer

Learn how users can transfer assets between Wormhole’s 30+ connected blockchains and X Layer using the Portal Bridge. Follow these steps for seamless asset transfers:

Visit the Portal Bridge website.
Connect your wallet for transaction authorization.
Select X Layer as the source or target chain for your asset transfer.
Complete the transfer process for swift cross-chain transactions.

Application Integration

Empower developers to enable token transfers to and from X Layer through Wormhole Connect. With just three lines of code, developers can integrate wrapped and native token transfers into their application UIs for seamless bridging across 30+ connected blockchains supported by Wormhole Guardians.

Utilize the NPM package for Wormhole Connect to initiate token transfers effortlessly.

About Wormhole

Delve into Wormhole’s role as a leading interoperability platform, facilitating multichain applications and bridging across various blockchain networks. With access to over 30 major blockchains, including notable partnerships with Circle and Uniswap, Wormhole has facilitated billions in cross-chain transfers, fostering DeFi, NFTs, and governance use cases.

Hot Take: Embrace X Layer for Seamless Cross-Chain Solutions

Immerse yourself in the innovative world of X Layer, where secure and scalable cross-chain interoperability is a reality. With its integration into Wormhole’s platform, X Layer opens up a realm of possibilities for developers and users seeking efficient and cost-effective blockchain solutions. Don’t miss out on the heightened security, near-instant transactions, and seamless asset transfers offered by X Layer in the evolving blockchain ecosystem.