1.Unify the liquidity of all bridges In the current system, bridges compete to attract liquidity providers to use their services. This would fragment the limited available liquidity between bridges and their respective paired pools, making capital inefficient. LayerZero changes this — it allows a single liquidity pool to be tied to all connected chains (but with…

ChainX ChainX plans to map CIDs to various types of addresses on-chain The first task of ChainX after completing EVM compatibility: To achieve the mapping between #CID and #ENS or addresses of various chains. Any wallet or app that adopts #TheCIDProtocol can implement transfers to #CID instead of various types of…

Token $OP has been listed on major exchanges. Optimistic Ethereum is an EVM compatible Optimistic Rollup chain. We are not going to introduce the project here, but try to capture what all these chains at the cutting edge have in common. From this, we can glimpse the most popular trends…

We all know that ChainX adopts the PoS consensus mechanism. But there may be some misunderstandings about PoS. PoS refers to mortgage tokens as voting rights. Generally speaking, the more tokens mortgaged, the greater the voting rights. Proof of stake only allows any node to join, ensuring the openness of…

Any organization or individual should have the ability to be prepared for danger in times of peace. We have to learn to think constantly: who will beat us? Or, who will replace us in the next stage? Undoubtedly,these thoughts are very significant. …

1. The Fragmented Web3 Crypto World There have always been many problems in the crypto world, but there has never been a shortage of reforms and innovations. In order to solve the payment performance and scalability problems of BTC, various altcoins such as Dogecoin, LTC, and BCH have been introduced. In order to solve the problems…

ChainX ChainX network successfully completed Bitcoin Taproot upgrade ChainX, as the layer 2 network of Bitcoin, has taken the lead in realizing the Bitcoin Taproot upgrade. Taproot = MAST + Schnorr signature algorithm. Taproot is a huge improvement for Bitcoin custody businesses that require multi-signature. The first is security. Taproot makes…

Main Bitcoin address types: 1. Old address (P2PKH) Old addresses, or pay-to-public key hashes, are the most common version. Since they start with 1, we can distinguish them. 1ae23hGo6CShLgbBeu2c2ZlR2C7BLe6Mcr A P2PKH address is just a hash of the public key from the private key. When Bitcoin was released in 2009, it and P2PK were the only…

$PCX: PCX is the token of ChainX, the Layer2 network of Bitcoin.PCX is mainly used for governance and staking. Maximum Supply :21 million You can vote for validators in the ChainX Dapp Wallet to get income, and the APR is about 30%. ChainX Dapp Wallet: https://dapp.chainx.org/ You can also stake PCX…