Step 1: Understanding the Concept:
The reaction shows the conversion of an alkyne (But-2-yne) into a 1,2-diketone (Butane-2,3-dione). This is the standard outcome of the ozonolysis of an internal alkyne followed by mild reductive workup.
Step 2: Detailed Explanation:
1. Alkynes react with ozone (\( \text{O}_{3} \)) to form an intermediate ozonide.
2. When the ozonide is treated with water in the presence of zinc (\( \text{Zn} \)), it undergoes reductive cleavage.
3. For internal alkynes like \( \text{CH}_{3}\text{C} \equiv \text{CCH}_{3} \), the triple bond is partially cleaved. Unlike alkenes (which break completely into two molecules), alkynes typically produce \( \alpha \)-diketones if the workup is careful.
\[ \text{CH}_{3}-\text{C} \equiv \text{C}-\text{CH}_{3} + \text{O}_{3} \to \text{Ozonide} \xrightarrow{\text{Zn/H}_{2}\text{O}} \text{CH}_{3}-\text{C}(=\text{O})-\text{C}(=\text{O})-\text{CH}_{3} \]
Therefore, the reagent X is Ozone (\( \text{O}_{3} \)).
Step 3: Final Answer:
Reagent X is \( \text{O}_{3} \).