ChainX

Overview of ChainX

  • ChainX transforms inter-chain assets in a unified way, and any chain can establish asset interoperability with all chains as long as it establishes a connection with ChainX.ChainX value user’s mining power based on the market value of BTC, DOT, ETH, ERC20, EOS and other assets that user cross-chain deposit in.
  • ChainX, the earliest launched project in Polkadot’s ecosystem, is committed to the research and application of Bitcoin layer 2 expansion, digital asset gateway and Polkadot second-layer relay chain, to realize cross-chain asset exchange, leading the new direction of Bitcoin Cross-DeFi.
  • ChainX is a community-driven project built on the next-generation blockchain framework substrate, the largest Layer-2 network of Bitcoin using the Light-client protocol with smart contract support, will evolve into the Polkadot network as a secondary relay chain in the future.
  • ChainX is reshaping Trade Finance through the use of Blockchain based architecture, by delivering trusted execution environments, crypto grade security, real time risk management coupled with a scalable blockchain.
  • ChainX, a parachain on Polkadot focusing on interchain crypto-asset management, has announced the launch of the ChainX Contract Development Fund and will invest $100,000+ to find the world’s first Bitcoin DApp.
  • ChainX_Signer is available as an AppImage which means “one app = one file”, which you can download and run on your Linux system while you don’t need a package manager and nothing gets changed in your system.
  • ChainX was created with a transaction fee of 0.0001 PCX, but as the throughput and performance of the network improves the fees are designed to decrease to the point they will become irrelevant.
  • ChainX uses a hybrid Proof-of-Stake consensus mechanism known as “Babe + Grandpa”, whose most notable feature is the block generation and confirmation are now separate.
  • ChainX price Index provides the latest PCX price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • ChainX’s governance and token issuance model takes a new approach that ensures transparency and equality among early and late investors.

    • Blockchain

    Mine

    Currently the large mining operations get to sit at the top of the pyramid and the only way for new entrants to access block rewards is through large investments in powerful mining rigs.While ChainX did follow Bitcoin in many respects, the team noticed early on that the Proof-of-Work consensus mechanism decentralization suffers from the centralization of miners.

    Network

    Support

    ChainX is set to have its first halving at the beginning of June.To commemorate this special occasion and to thank the community for supporting ChainX in the past two years, we will be handing out a special ChainX Halving Community NFT to recognize community members who have made important contributions to the community and the project.

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    How do I buy ChainX?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including ChainX.

    How does syncing work?

    How transactions and balances get synchronized from cryptocurrency exchanges.

    Is @chainx/types popular?

    The npm package @chainx/types receives a total of
    29 weekly downloads.As such,
    @chainx/types popularity was classified as

    limited.Visit the
    popularity section
    on Snyk Advisor to see the full health analysis.

    Is @chainx/types safe to use?

    While scanning the latest version of @chainx/types, we found
    that a security review is needed.A total of
    0 vulnerabilities or license issues were
    detected.See the full
    security scan results.

    What is @chainx/types?

    undefined.Visit Snyk Advisor to see a
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    What is ChainX?

    ChainX is a blockchain platform that interacts with other decentralized platforms to facilitate cross-chain blockchain asset sharing.The protocol employs a PoS algorithm to reach consensus.The project started as a single-system chain was upgraded to a dual-chain network, and currently operates as a multi-chain system.

    What is ChainX?

    ChainX transforms inter-chain assets in a unified way, and any chain can establish asset interoperability with all chains as long as it establishes a connection with ChainX.ChainX value user's mining power based on the market value of BTC, DOT, ETH, ERC20, EOS, and other assets that user cross-chain deposit in.There is no ICO and pre-mining.ChainX will try to make the validator scalable and civilization.ChainX will use the POS algorithm to establish the first blockchain network that can game for a long time.

    What is ChainX?

    ChainX is the first chain of cross-chain asset gateways and Substrate, which will use Polkadot’s POS consensus and contract technology to focus on providing upper-tier facilities across assets.It aims to unify the inter-chain assets through a decentralized approach.Any chain can establish interoperability with all chains to break the inter-chain asset barriers by establishing a connection with ChainX.

    What is PlatDot?

    In the field of blockchain, a bridge is a connection that allows tokens or arbitrary data to be transferred from one blockchain network to another blockchain network.Cross-chain refers to the use of bridges to transfer tokens or arbitrary data from one block to another.The chain state is transmitted to another network.The two chains can have different protocols, rules, communities, and governance models, but the bridge provides a compatible way to safely interoperate between the two parties.

    What is the Exchange Chain (X-Chain)?

    The Exchange Chain is the default asset blockchain on Avalanche and enables the creation of new assets, exchanging between assets, and cross-subnet transfers.This blockchain is for applications that don’t require total ordering (for total ordering, use the Contract Chain).The Exchange Chain implements the Avalanche consensus protocol.

    What is the Reddit page for ChainX?

    The official Reddit community (subreddit) for ChainX is r/ChainX.

    What is the value of ChainX?

    One ChainX (PCX) is currently worth $11.00 on major cryptocurrency exchanges.You can also exchange one ChainX for 0.00019247 bitcoin(s) on major exchanges.The value (or market capitalization) of all available ChainX in U.S.dollars is $84.97 million.

    Where can I get ChainX wallet?

    ChainX produces its own wallet software that is available for download on its website, which allows you to store ChainX on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    History of ChainX