Layer One X (L1X) is an innovative blockchain platform designed to overcome the traditional challenges of scalability, security, decentralization, and interoperability, collectively known as the "Blockchain Quartet." By introducing decentralized interoperability, L1X enables seamless communication between both EVM and non-EVM blockchains without relying on centralized intermediaries. This approach eliminates the need for bridges, resulting in faster, more secure, and cost-effective cross-chain transactions. The platform's unique X-Talk technology facilitates native and multi-chain transactions, allowing for efficient interaction and smart contract execution across various
blockchain networks.
L1X employs a hybrid consensus mechanism called Proof of X (PoX), which combines proof of stake for full nodes and proof of validation for mobile-enabled transaction validation. This design ensures true decentralization by engaging over 10,000 nodes, including mobile devices, as validators within the network. The platform is engineered for high scalability, targeting transaction speeds exceeding 100,000 transactions per second with block creation times under 500 milliseconds. Additionally, L1X's compatibility with the Ethereum Virtual Machine (EVM) simplifies the development of
decentralized applications (dApps), enabling developers to build secure and scalable solutions that operate across multiple blockchain ecosystems.
To learn more about the listing of the Layer One X Token ($L1X) on the BitMart crypto exchange, click here: $L1X Listing.
LBank
2025-02-11
