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Is this Blockchain the next big thing?



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Is this Blockchain the next big thing?

Introducing Layer One X — the interoperable blockchain built to make multichain tech & decentralized networks accessible to everyone. Our layer-one infrastructure platform values decentralization, security, scalability & interoperability. Build on L1X and Interoperate at the same time.

Blockchain technology has the potential to revolutionize many industries, but adoption has been slow due to challenges with scaling, decentralization, interoperability, and security. These challenges are known as the “Blockchain Quartet”.

Layer One X is a solution that aims to address these challenges by providing scalable, decentralized interoperability across different blockchains, including EVM and Non-EVM. We have made significant progress in our mission to create a decentralized, permissionless, and secure network that enables micro-validation and tokenization. With Layer One X, we believe we can overcome the current barriers to the widespread adoption of blockchain technology.

With Layer One X, we believe we can overcome the current barriers to widespread adoption of blockchain technology.

Example of Problems with Interoperability in DeFi and how L1X wants to solve: The Trading Volume to Total Value Locked in Bridges are less than 5% compared to more than 200% efficiency on DeX’s. Bridges have reduced transaction security and increases transaction fees by having to change consensus to consensus in order for them to function. L1X combines Token creation, Smart contract Consensus and Interoperable Consensus into a single protocol with its unique “Get Decentralized as you go” Proof-of-Participation Consensus.

Category
Cryptocurrencies
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