What are the Characteristics and Functions of ChainX’s Asset Inter-chain

ChainX
1 min readMar 18, 2020

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ChainX is a public chain which manage the network of inter-chain assets, which means that inter-chain asset transfer can be performed in a decentralized manner, such as BTC, ETH, EOS, ADA, etc. can be freely circulated to other chain systems through ChainX. At present, inter-chain assets on the chain include X-BTC and SDOT.

ChainX maintains a block production time of 2s, so it can support X-BTC to achieve a 2 second response transfer, the handling fee is less than $ 0.1 cents, and the throughput reaches 1000TPS, which is the performance promise of Substrate. X-BTC will also be sent to the Polkadot network in the future, becoming the most trusted inter-chain asset. With the multi-chain structure of Polkadot, it can also achieve greater throughput and application scenarios.

About ChainX

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ChainX
ChainX

Written by ChainX

ChainX is a BTC Layer 2 solution compatible with EVM that utilizes Bitcoin as a gas fee, serving as the predecessor network of BEVM.

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