@Backpack We strongly recommend #X1 Blockchain, an SVM chain with over 700 validators, an upcoming DEX and token launcher and an already running liquid stake pool.
https://t.co/fRptQkSYUi
Huge thanks to the entire @X1_chain team and the amazing #XEN community!
Together we’re building a truly decentralized, fast, and secure ecosystem — made by the people, for the people.
This is just the beginning 💥
#X1#XEN#Web3#DeFi#Crypto#Decentralization#Solana $XNT $XNM
🚀 Backpack + X1? Let’s make it happen. 🎒✨
The X1 Blockchain is about to launch, and we want you @Backpack to support our chain!
⚡ 100,000+ strong community
⚡ 400+ validators securing the network
⚡ Native DEX + Launchpad (XDEX + Degen)
⚡ Builders shipping every day
🔥X1 is where the next wave of innovation is happening.
The match is obvious.
👉 #X1 & #Xen fam: Smash repost & tag @Backpack to show the demand.
Let’s get X1 inside Backpack!
@mrJackLevin@MonkDoesnt@armaniferrante@xdex_xyz@Degen_fyi@Metaplex
X1 Whitepaper for dummies (normies):
X1 Blockchain is a new digital ledger system designed to make online transactions fast, affordable, and open to everyone. Here’s a simplified breakdown of its key features:
1. What is X1 Blockchain?
Think of X1 Blockchain as a public record book that securely logs digital transactions. It’s built to be quick, cost-effective, and resistant to censorship, ensuring users can transact freely without unnecessary hurdles. It’s based on the Solana platform, meaning applications made for Solana can work on X1 without changes.
2. Making Participation Easier
In many blockchain systems, participating as a validator (someone who verifies transactions) can be expensive and complex. X1 Blockchain simplifies this by lowering the costs and technical requirements, encouraging more people to get involved and enhancing the system’s decentralization.
3. Efficient Transaction Processing
X1 Blockchain processes transactions quickly and keeps them affordable. It avoids the need for additional layers or solutions by handling everything within its main system, ensuring efficiency and smooth operation.
4. Fair Fee System
To prevent network congestion and deter spam, X1 Blockchain uses a dynamic fee structure. This system adjusts transaction fees based on current network activity, ensuring fair pricing and maintaining economic stability.
5. Handling Value Extraction Fairly
In some blockchain systems, certain participants can manipulate transaction ordering for profit, leading to unfair advantages. X1 Blockchain addresses this by integrating mechanisms that capture and redistribute these potential profits fairly among participants, reducing the chance of monopolization.
In summary, X1 Blockchain aims to provide a decentralized, efficient, and user-friendly platform for digital transactions, making it accessible and fair for all users.
@jQrgensn Therefore i am superbullish about l2 scalingsolutions like @libreblockchain. They also bring full programability to bitcoin what lightning does only very limited.
@yveslarose Cool to see you excited about an #EOS sister-chain killing it! @libreblockchain is on target with their BTC L2 (side-chain) built on EOSIO and it's 🔥 If you've been orange pilled their Bitcoin search will 🤯 https://t.co/getq9nM9ax
@ViktorDefi I'll add @libreblockchain L2/Sidechain.
It already has Defi (farming), Smart Contracts, Ordinals marketplace...
I liked their mobile wallet. When you send BTC to your address, they peg it to pBTC and you are good to go.
They have staking with native token. Need to dig deeper
1/ 📢 The #Libre decentralized community is proud to announce the LibreLaunch DAO Fund!
Join us as we pave the way for innovations and contribute to the evolution of the #Bitcoin ecosystem.
🧵⤵️