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…

PCX: PCX is the token of the Bitcoin layer2 network ChainX.PCX is mainly used for governance and staking. You can vote for validators on ChainX Dapp Wallet to get income, the APR is about 30%. You can also stake PCX on SoSwap to get income, the APR is 50%. Maximum supply…

People have heard about the $610 million theft from the Ronin Network. Here we will not repeat the process of this incident. The key is, how does ChainX ensure that user assets will not be stolen? 1. The most critical point is, Taproot. We refer to this concept many times…

If you are an Ethereum user, all you need to do is： RT Follow ChainX on Twitter We will give out a total of $1,000 in Bitcoin to the first 10,000 users who RT & follow ChainX on Twitter from now on! Event Deadline: April 3, 8:00 am UTC Bitcoins will…

It is expected that at the end of March, ChainX will complete the Bitcoin Taproot upgrade, and then the custodian will be replaced. ChainX trusts can use the ComingChat threshold wallet for multi-signature to process users’ withdrawal requests, which greatly simplifies the custodian’s work and further enhances security. …

1. Explain the Validating nodes and trustees of ChainX? What are their functions? ChainX adopts the POS consensus mechanism. Validating nodes are miners. We vote our PCX for validators, who in turn can earn more by creating blocks. We also get a portion of PCX in return. …

Log in to ChainX Dapp Wallet.https://dapp.chainx.org/ Choose ‘Governance’, ‘Democracy’.