BSC
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-9.10% last 24h
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Balance: $0
($78.21 k)
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CoinMarketCap.comLayer One X (L1X) is a fourth-generation decentralized platform designed to make interoperability between blockchains seamless and efficient. It allows developers to create new multi-chain applications or extend existing ones with cross-chain capabilities. It provides interoperability across evm and altvm networks. There are over 160 decentralised full validator nodes with over 2.5M+ Transactions.
The network operates on a unique Proof-of-X consensus mechanism, ensuring security through staking while maintaining decentralization. L1X is supported by two types of nodes: • Full Validator Nodes (FVNs): Responsible for securing the blockchain’s state. • X-Talk Nodes: Handle cross-chain communication, enabling scalable and efficient multi-chain applications. It also features an inbuilt Oracle system.
Developers have the flexibility to build on L1X using its high-performance Rust-based Virtual Machine with its proprietary compiler for WASM to eBPF for speed and efficiency. Alternatively, they can use Solidity, as L1X is fully EVM-compatible, making it easy to deploy applications across multiple blockchains.
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