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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  • The Layer One X Mission
  • The Layer One X Vision
  1. Getting Started
  2. L1X Overview

Mission and Vision

The Layer One X Mission

At Layer One X, our mission is to revolutionize the blockchain landscape by creating a seamless and efficient cross-chain communication infrastructure. We are dedicated to enabling the development of smart contracts that facilitate decentralized execution of business logic across multiple blockchain networks. Our goal is to establish a unified and decentralized source of truth, ensuring that our platform is not only versatile in its current state but also adaptable for future blockchain integrations.

We recognize the importance of flexibility in the rapidly evolving blockchain environment. Therefore, our mission includes ensuring that our infrastructure is not overly reliant on any single blockchain, such as Ethereum or Avalanche. Instead, we aim to provide a framework that allows for the easy inclusion of various blockchains, maintaining independence in business state logic and state. This approach is designed to future-proof our platform, making it robust and adaptable for diverse and evolving cross-chain activities.

In essence, Layer One X is committed to bridging the gaps between different blockchain ecosystems, fostering an environment where interoperability is not just a feature but a foundational aspect of our technology.

The Layer One X Vision

Our vision is to empower developers, businesses, and users to interact and transact across various blockchains with ease and security, paving the way for a more interconnected and efficient digital future.

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Last updated 1 year ago