OKBChain Will Be an L2 Chain of Ethereum, Says OKX Founder

• OKX founder Star Xu addressed that the new exchange public blockchain OKBChain will be an L2 Chain of Ethereum
• OKBChain will start from side technology and will develop to ZK technology according to Xu.
• The tech leader also stated that OKTC and OKBC are OKX core chain strategies.

OKX exchange founder Star Xu hinted on February 16, 2023, about the unveiling of a new OKBChain, which will be launched in Q1. He also stated at that time that the new chain will be independent of the current OKXChain, Xu also mentioned that it will be launched in Q1.

In a reply to a user on when the testnet will launch, Xu mentioned that the launch can be expected soon. Another Twitter user had a query regarding whether OKBChain and OKT will be different or under a single umbrella. Xu put out a tweet to clarify how the new chain will work.

OKT Chain will continue be a L1 Chain,the closest launch will be OKTC WASM which allow us develop high performance Dapp through rust or c++. OKB Chain will be a L2 Chain of Ethereum, starting from side chain technology and will develop to ZK technology. Both OKTC and OKBC are on… https://t.co/pl35k9wQdY

— Star (@star_okx) March 20, 2023

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