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
Powered by GitBook
On this page
  • X-Talk: the Key to Multichain Connectivity
  • Digital Identity: What Bitcoin did for money is what L1X is doing for Data.
  1. Getting Started
  2. L1X Overview

Infrastructure Essentials

PreviousL1X CoinNextGlossary

Last updated 1 year ago

X-Talk: the Key to Multichain Connectivity

X-Talk, a subset of L1X’s Virtual machine, is a decentralized architecture that empowers the secure exchange of smart contracts and assets across multiple chains. Unlike traditional bridge solutions, X-Talk modifies the payload based on third-party conditions, ensuring compatibility with the destination chain. It offers a safe and efficient method for executing EVM and Non-EVM cross-chain transactions, without the need for intermediaries of third-party custodians.

X-Talk technology is highly adaptive, allowing Layer One X to connect to any public, private and hybrid chain.

To realise this, X-Talk harnesses the L1X Protocol, a comprehensive protocol suite that includes:

  • L1X Virtual Machine (VM): Executes the X-Flow contracts.

  • Networking: Ensures efficient communication within the ecosystem.

  • Consensus: Ensures all nodes reach agreement on the data's validity.

  • State Layer: Maintains and manages the state of contracts.

Digital Identity: What Bitcoin did for money is what L1X is doing for Data.

L1X has created the opportunity for you to own your own data and control access to it. L1X allows you to pull in and store your personal data into an encrypted blockchain environment, then allows you full control over who you allow access to and which parts. Once you have control of your data, you can allow access, revoke access from someone you have previously shared it with, and allow others to verify data but not reveal that data to them. For example, if someone or some entity wants to check you are over 18 you could verify that without revealing your date of birth.

This technology is truly groundbreaking and will reshape the way data is accessed, secured and shared within the world.

Let's break down the key Smart Contracts that make the L1X Digital ID and Data Control Technology possible:

  1. Access Control: It allows to grant, alter, or revoke access to your information, much like managing permissions in a digital environment. This ensures that only authorized parties can access your data.

  2. Version Control: L1X allows you to share different versions of your personal information, catering to varying requirements. For instance, you might share basic information with one entity and more detailed data with another. This flexibility ensures you only share what's necessary and maintain greater control over your personal information.

  3. Data Contract: It enables to securely storage files on the L1X protocol's database nodes. Each file is assigned a unique ID, making it easier to manage and reference your stored data. It's akin to having a secure, personal digital locker for your files.

  4. Retention Contract: This innovative aspect allows others to verify specific details of your information without accessing the entire content. For example, it can confirm your age without revealing your exact date of birth, enhancing privacy while still providing necessary verification.