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X1 Blockchain

X1 Blockchain is a low-cost, high-speed, high-performance, high-throughput, censorship-resistant and monolithic Layer-1 blockchain designed to enable freedom to transact with minimal technical and economic limitations.

What is X1 Blockchain?

X1 Blockchain is a high-performance, high-throughput Layer 1 blockchain designed to provide a decentralized, censorship-resistant infrastructure that empowers the freedom to transact with minimal technical and economic limitations. It aims to unite XEN Crypto communities across multiple chains, offering a scalable and efficient platform for decentralized applications.

How Does X1 Blockchain Work?

X1 utilizes a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, incorporating the Argon2ID hashing algorithm for quantum resistance and energy efficiency. It features zero-cost vote mechanisms for validators, reducing barriers to participation, and employs congestion-reflective dynamic base fees to manage transaction costs effectively.

What Makes X1 Blockchain Unique?

X1 introduces several innovations, including a global fee market with dynamic fee scaling to prevent network congestion, and lattice-based homomorphic encryption to enhance data privacy and security. Its compatibility with the Solana Virtual Machine (SVM) allows seamless deployment of decentralized applications.

Who Are the Founders of X1 Blockchain?

X1 Blockchain was founded by Jack Levin, a former Google engineer with extensive experience in open-source software development and scaling solutions. His background includes creating mechanisms for XEN Crypto and leading initiatives to unite XEN communities across multiple chains.

Latest News

What Key Events Have There Been for X1 Blockchain?

Significant milestones for X1 Blockchain include the launch of its testnets, such as Devnet and Fastnet, and the development of Xolana, a fork of Solana's codebase. These initiatives aim to enhance performance and scalability, with testnets achieving transaction speeds exceeding 50,000 transactions per second.

Project Announcements

Recent updates include the release of the X1 Whitepaper, outlining the project's mission and technical innovations, and the invitation for validators to participate in the testnet to enhance decentralization and network security.

Upcoming Events

Latest Airdrop

Details about upcoming airdrops, including dates, token availability, and eligibility criteria, have not been publicly announced yet.

ICO

Information regarding the Initial Coin Offering (ICO) for X1 Blockchain is currently unavailable.

IDO

Details about the Initial DEX Offering (IDO) for X1 Blockchain have not been disclosed.

TGE

The Token Generation Event (TGE) for X1 Blockchain is planned for 2024, with specific dates and details to be announced.

Projects Announcements

Where to Buy X1 Blockchain?

As of now, X1 Blockchain's native token, XN, is not listed on any exchanges. Information about where to purchase XN will be provided upon its official release.

X1 Blockchain Price

Daily Trading Volume

Trading volume data for XN is currently unavailable as the token has not been officially launched.

All-Time High

Price data for XN, including all-time highs, will be available after the token's market debut.

All-Time Low

Historical price data for XN will be accessible once the token is actively traded.

Market Cap and Valuation

Market Cap

Market capitalization information for XN will be determined post-launch.

Fully Diluted Valuation

Fully diluted valuation metrics for XN will be calculated after the token's release.

X1 Blockchain Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the price of XN, as the token has not yet been launched.

FAQ

What is the Purpose of X1 Blockchain?

How Can I Participate in X1 Blockchain's Ecosystem?

What Sets X1 Blockchain Apart from Competitors?

Is X1 Blockchain Secure?

What are the Risks Associated with X1 Blockchain?

Community Sentiment

31.67K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.