🚨🚨 We’re preparing for our AMA session! Take a cushty seat and comply with our dialog in jiffy 🛋
Today we welcome Matiu Rudolph (@Matiu33) who’s the COO and consultant of Layer One X in our AMA in the present day.
🗣 COMMUNITY
Here is how issues will work. I’ll have 10 questions for Matiu. After that, we are going to select …
Let’s get began 🚀 >>
Tell us about your self and Layer One X firm. Where are you from?
Hi my identify is Matiu and I’m the Chief Operating Officer of Layer One X. Like a big portion of the Layer One X group I’m based mostly in Perth, Australia 🇦🇺🦘
Layer One X is a brand new layer1 blockchain that solves issues confronted by different blockchains, resembling excessive prices, gradual processing 🐌centralized management and restricted connections with different blockchains.
It does this by being the primary blockchain to ship on all 4 necessary parts of what we name the ‘Blockchain Quartet” Interoperability 🔥 Decentralization 🔥 Scalability 🔥 and Security 🔥 Layer One X launches in August this 12 months 📅
On your web site, I learn that Layer One X is the world’s quickest interoperable blockchain. Can you please clarify to our viewers what it means? In our group, there are numerous newbies in crypto.
Great query. Firstly Layer One X is a layer 1 blockchain and after we speak about blockchains we speak in regards to the ‘layer1’ infrastructure that each one crypto initiatives are constructed on.Traditionally, layer1 blockchains like Ethereum, Avalanche, Binance Smart Chain, Solana couldn’t join with out costly bridges 🌉 that are a safety threat☠️
Layer One X has solved this by permitting blockchains to attach at a layer1 stage 🔥 👉Eliminating dangerous bridges ✅.
Layer One X permits totally different blockchains to work collectively seamlessly 🤝 making it simpler for customers and builders to entry cross chain liquidity 💸 and companies 😊and collaborate with totally different communities and one another 🔥
Interoperability eliminates safety dangers related to bridging options, it additionally permits blockchains to scale to their potential 📈, revolutionizing the blockchain house for customers and builders 🚀🚀
Layer One X is interoperable 🤝 with over 80% 👀of the blockchain worth, together with Ethereum, Binance Smart Chain, Avalanche, Fantom, Optimism, Arbitrum, and Solana. More chains will probably be added ✅ ✅
And what’s your foremost objective as a challenge?
Layer One X is constructed to unite and is goal engineered for mass adoption and mass use case.
Layer One X can join 🔗with any public or personal chain ⛓️, whether or not it’s EVM or NON-EVM.
This expertise permits for the switch of belongings 💸and logic 🧠 between chains, permitting sensible contracts on totally different chains to speak 💬 and collaborate 🤝with one another, selling real cross-chain cooperation. It’s a groundbreaking step in the direction of our objective of a extra interconnected and environment friendly blockchain ecosystem 🚀
Sounds actually cool! So one of many issues merchants take note of is who’s behind the creation of the blockchain. Tell us extra in regards to the group of Layer One X 😉
Kevin Coutinho is the Founder of Layer One X ✅ Kevin began programming on the age of 8 and has been a continuing contributor to the open-source developer group. He has all the time been obsessed about find out how to take expertise, nonetheless sophisticated it’s and make it sensible for on a regular basis use. It was this imaginative and prescient that constructed Layer One X on the foundational rules of Decentralization, Interoperability, Security, and Scalability.
Dr. Ponnie Clark, is an professional in AI and blockchain expertise and is the top of Blockchain on the University of Western Australia.
Here is a hyperlink to extra information about our group.
I’ve examine your first profitable transaction of belongings between the Binance Smart Chain and Solana… Sounds like one thing cool & insane 🤯 Tell us extra about it!
This was crypto historical past – by no means earlier than achieved by a layer1 blockchain!🎉 Assets had been transferred between incompatible chains on this case BSC and Solana. 🙌
🔑Why that is so necessary is Layer One X’s decentralized cross-chain asset switch removes the necessity for bridges, that are weak to assault and might be costly and complicated. Layer One X offers a safer, cheaper, and sooner various to bridges. ⏩
With the flexibility to switch belongings between totally different blockchain networks, builders can create interoperable functions that work seamlessly and supply customers with a bigger pool of belongings, bettering alternative and effectivity. ✅ Say goodbye to bridges with Layer One X! 👋
Yeah, and you’ve got even minted your NFT to rejoice this occasion! How to get it?
Yes, we’re minting our first NFT on L1X to rejoice the historic first. We will probably be doing a collection of “Historical X” NFTs as we proceed to interrupt new floor in crypto (extra to come back!) 👀
If you participate in our personal sale spherical you will get a premium pockets with considered one of these NFTs in it. Here is a hyperlink to the how one can get one.
I have to ask this query… What about Layer One X safety?
L1X community is constructed to additionally use cell phones 📱and sensible gadgets, as partial transaction validators. We have the flexibility to scale to over 10000 full nodes and thousands and thousands of cell validators 📈 Our focus is on decentralized transactions and safety.
Decentralized cross-chain transfers ⛓️ take away the necessity for bridges ⛔, growing safety and effectivity by eliminating intermediaries and centralized dangers. It’s sooner, cheaper, and extra reliable, revolutionizing blockchain interactions.✅
And how will Layer One X form the way forward for blockchain? 👀👀👀
By fixing 🔎 the decentralized interoperability situation that has haunted the blockchain till now Layer One X ushers in a brand new period of potential progress for blockchains and crypto to scale and innovate 🚀
Layer One X could be very first layer one to ship on every part of the blockchain quartet which is Interoperability 🔥 Decentralisation 🔥 Scalability 🔥and Security 🔥 A couple of key options embrace: An modern consensus mechanism that permits sensible gadgets 📱 as validators permitting for thousands and thousands and even billions of potential validators to decentralize and safe the community.
Also Scalability efficiency of 100,000 transactions per second, transactions finalized in half a second and transaction charges of no a couple of cent. ✅
What are your subsequent steps? What can we anticipate within the close to future? We have to know!!!
We are at the moment in the previous couple of days of our personal spherical sale ⏰ it’s coming to an finish on March thirty first 📅 If you’re all for investing in a blockchain that’s for the folks, by the folks, that is your likelihood.
From right here we’re persevering with to construct out our collaborations, with protocols, builders and chains and in addition proceed to construct our superior group 🙌
Our testnet is dwell which you’ll entry right here. We will probably be launching on the mainnet at scale in August this 12 months so keep tuned!!
Wow! Could you please share all of the hyperlinks to your Social Media channels so our group can get to know Layer One X higher? 🙏Twitter | Discord | Telegram | Facebook
Disclaimer
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