L1X Foundation
  • Getting Started
    • L1X Overview
      • Mission and Vision
      • Why Layer One X?
      • L1X Coin
      • Infrastructure Essentials
    • Glossary
    • Quick Links
      • Foundation Website
      • WhitePaper
      • Social Media Links
      • Blog
      • Others
  • Ecosystem
    • Multifunction Utility
    • Products
    • Partnerships
      • L1DEX - Decentralised Exchange
      • DigaLabs
      • Omchain
      • Healthlink
      • L1X_Labs
      • UWA
      • Prysm Group
      • Hype Talent
  • L1X Technology Explained
    • Abstract
    • Introduction
    • Scalability and Interoperability Limitations of Existing Blockchain Networks
    • L1X Network
      • Design Principles
      • Prominent Features
      • L1X Benefits
    • Mobile Nodes
    • L1X Architecture
      • Components
      • Consensus Mechanism
    • L1X Transaction Lifecycle
    • X-Talk
      • X-Talk Architecture
      • Use Case: Advertise BSC NFT Sale in OpenSea Ethereum Marketplace
      • X-Talk Workflow
      • Benefits
    • Virtual Machine
    • L1X Time Units
    • Validator Nodes
      • Validator LifeSPAN
      • Validator Lifespan Algorithm
      • Validator Selection
      • Validator Selection Algorithm
      • Vigilant Nodes
      • Radix Nodes
      • Cluster Assignment
      • Lexicon
    • L1X Reward Mechanism
      • Friction on the Network
      • Consensus Mechanism and Incentive Scheme
      • Resource Costing Model
      • Token Distribution and Pricing Strategy
      • Consensus Mechanism and Token Pricing with Respect to Token Inflation
      • Token Participant Distribution and Pricing
      • Ongoing Distribution Rules, Governance, and Token Pricing
      • Layer Two Tokenomics Vs Layer One Tokenomics
      • L1X Coins
    • Tokenomics
    • L1X Applications
      • Staking
      • Exchange
      • Ledger Tokenization
      • Micropayment Transactions
      • Micro Trading
      • Gaming
      • Metaverse
    • L1X Components - Example Use-Cases
      • L1X Fungible Token Smart Contract
      • L1X Non-Fungible Token Smart Contract
      • X-Talk Token Swap
      • X-Talk Token Staking
      • X-Talk Fungible Token Lending and Borrowing
      • X-Talk NFT Liquidity Provision
      • X-Talk NFT Leasing Provision
      • Health Smart Contract
      • L1X Wallet SDK
    • Conclusion
  • L1X Tokenomics
  • Node Hosting on L1X
    • Node Architecture & Consensus Mechanism
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  • What is Layer One X?
  • Unique Features of Layer One X:
  1. Getting Started

L1X Overview

What is Layer One X?

Layer One X is a trailblazing blockchain platform with a bold vision of revolutionising the decentralised landscape. Unravelling exceptional interoperability, scalability, speed, and security, we stand as the only blockchain utilising the groundbreaking X-Talk.

With two powerful virtual machines — the L1X core Virtual Machine and the innovative X-Talk Virtual Machine — Layer One X enables seamless native and multi-chain transactions, interaction, authentication, and smart contract invocation and implementation within Layer One X. Experience the fastest operating system on the blockchain, where efficiency and cost-effectiveness redefine the potential of decentralized technology.

Unique Features of Layer One X:

  • Interoperability: Layer One X is engineered for exceptional interoperability, allowing for seamless integration and communication across different blockchain networks. This innovative technology allows to rapidly build dynamic smart contracts and dApps on Layer One X VM or EVM. Easily move data, digital assets, content and tokens across chains, wallets or digital worlds fast, securely and at low cost.

  • X-Talk Technology: A feature of the L1X network that enables interoperability between different blockchain networks, allowing for cross-chain transactions and smart contract invocations. X-Talk facilitates the exchange of assets, data, and functionality between the L1X network and external blockchains, expanding the network's reach, use cases, and collaboration opportunities across multiple blockchain ecosystems.

  • Scalability and Speed: The platform aims to address common blockchain limitations like slow transaction speeds and scalability issues.

  • Security: A robust security mechanism is one of the core aspects of Layer One X.

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Last updated 1 year ago